-
Oil prices surge on US-Iran attacks
-
‘Almost like gold’: water debate rages on Italy’s Aeolian Islands
-
Christopher Nolan returns with "The Odyssey" blockbuster
-
De Beers to pause work at S.Africa's largest diamond mine
-
Only 'superstars' win Tour de France stages: French champ
-
Thailand probes Bangkok bar fire that killed 27
-
Young fly-half Moyo to debut for Springboks against Wales
-
Middle East rocked by heaviest attacks since Iran-US ceasefire
-
MSF slams 'deliberate' Russian destruction of Ukraine's health system
-
EU, UK hit Russia with joint sanctions over cyber attacks
-
Kenya's goons: a world of political violence and desperation
-
EU to limit children's access to social media -- gradually
-
Zverev second in ATP rankings behind Sinner after Wimbledon
-
Mongolia's child jockeys ready to race in annual festival
-
Noskova moves into WTA Top 10 after Wimbledon triumph
-
Thailand probes Bangkok bar fire that killed 27, injured dozens
-
Planes fight fire in Fontainebleau forest near Paris
-
Oil prices spike on fresh US-Iran attacks, tech hammers on stocks again
-
'Jurassic Park' star Sam Neill dies aged 78
-
Mulling ban, EU gets expert verdict on social media for children
-
US hits Iran as Gulf states targeted in flareup over Hormuz
-
Huge fire in Bangkok bar kills at least 27
-
Oil prices spike on fresh US-Iran attacks, tech weighs on stocks again
-
'Indispensable' Xiaohongshu app fuels Chinese tourism
-
Spaniard's rare skin disorder ups danger of summer heat
-
NFL seeks to break into Africa with Kenya competition
-
Protected but deported anyway, as Trump goes after 'dreamers'
-
Yamal aims to steal Mbappe's World Cup thunder in semi-final showdown
-
Dodgers face Ohtani knee issues in MLB three-peat bid
-
Fisk outlasts Pendrith in playoff to win PGA Tour Louisville title
-
Warriors forward Green details LeBron recruiting pitch
-
US strikes Iran as Gulf states targeted in flareup over Hormuz
-
Massive fire in Bangkok bar kills at least 27
-
'Final before final': France face Spain in World Cup blockbuster
-
Zverev vows to chase down Wimbledon champion Sinner in trophy charge
-
England's Ecclestone glad to get 'one-up' on brother with five-wicket Lord's haul
-
Five classic France v Spain clashes before World Cup semi-final
-
Major fire rages in Fontainebleau forest near Paris
-
World Cup gets set for pair of blockbuster semi-finals
-
Sinner enjoying 'very rare' Wimbledon triumph
-
Venezuela quake death toll rises to 4,490
-
England open door to Flower return after McCullum axed as Test coach
-
McGregor says knee fine before first-kick injury, vows return
-
South Korea's Tom Kim wins Scottish Open to end three-year title drought
-
Hundred heroine Bhatia says its's 'unbelievable' to be on Lord's honours board
-
'It's amazing': Sinner revels in Wimbledon glory after Zverev battle
-
Irrepressible Sinner outlasts Zverev to win second straight Wimbledon title
-
Fresh attacks hit Iran, Kuwait as Tehran and US square off over Hormuz
-
Ryu defeats Henderson in play-off to win back-to-back majors in Evian
-
Argentina football great Rattin dies at 89
Trump's $100,000 fee for H-1B visas, a tech industry favourite, concerns India
India's leading trade body said on Saturday it was concerned by a new annual $100,000 fee that US President Donald Trump ordered for H-1B skilled worker visas, an addition that could have major repercussions for the tech industry where such permits are widespread.
The new measure, which will likely face legal challenges, was announced in Washington on Friday alongside the introduction of a $1 million "gold card" residency programme that Trump had previewed months earlier.
"The main thing is, we're going to have great people coming in, and they're going to be paying," Trump told reporters as he signed the orders in the Oval Office.
H-1B visas allow companies to sponsor foreign workers with specialised skills --- such as scientists, engineers, and computer programmers -- to work in the United States, initially for three years but extendable to six.
The United States awards 85,000 H-1B visas per year on a lottery system, with India accounting for around three-quarters of the recipients.
India's top trade body Nasscom said technology companies would be hit because "business continuity will be disrupted for onshore projects".
It was also concerned by the short timeline, with the new fees under Trump's order coming into effect on Sunday.
"A one-day deadline creates considerable uncertainty for businesses, professionals, and students across the world," Nasscom said in a statement.
"Policy changes of this scale are best introduced with adequate transition periods, allowing organisations and individuals to plan effectively and minimise disruption," it said.
- Not enough homegrown talent -
Large technology firms rely on Indian workers who either relocate to the United States or come and go between the two countries.
Tech entrepreneurs -- including Trump's former ally Elon Musk -- have warned against targeting H-1B visas, saying that the United States does not have enough homegrown talent to fill important tech sector job vacancies.
However, Commerce Secretary Howard Lutnick, who joined Trump in the Oval Office, said: "All the big companies are on board."
Trump has had the H-1B program in his sights since his first term in office, but faced court challenges to his earlier approach, which targeted the types of jobs that qualify.
The current iteration has become the latest move in the major immigration crackdown of his second term.
The number of H-1B visa applications has risen sharply in recent years, with a peak in approvals in 2022 under Democratic president Joe Biden.
In contrast, the peak in rejections was recorded in 2018, during Trump's first term in the White House.
The United States approved approximately 400,000 H-1B visas in 2024, two-thirds of which were renewals.
Trump also signed an order on Friday creating a new expedited pathway to US residency for people who pay $1 million, or for corporate sponsors to pay $2 million.
"I think it's going to be tremendously successful," he said.
South Korea's foreign ministry said in a statement on Saturday officials would "comprehensively assess the impact of these measures on the advancement of (South Korean) companies and professional talents into the US market and engage in necessary communication with the US".
Hundreds of South Koreans were detained during a US immigration raid on a Hyundai-LG battery factory site in the state of Georgia this month.
D.Khalil--SF-PST