Is the U.S. shooting itself in the foot by pushing out STEM talent?

Is the U.S. shooting itself in the foot by pushing out STEM talent?

Interest in STEM courses among U.S. residents has grown at a much slower pace than among non-residents. | Photo Credit: Dado Ruvic The recently introduced $1,00,000 visa fee for new H-1B workers in the U.S. is particularly detrimental to Indians, as a previous Data Point story showed. But is the U.S. shooting itself in the … Read more

Rupee falls 12 paise to close at 88.28

Rupee falls 12 paise to close at 88.28

Mumbai: The rupee depreciated 12 paise to close at 88.28 against the dollar on Monday, as investors weighed Trump‘s H-1B visa fee hike impact on Indian remittances amid heightened risk-averse sentiment. Forex traders said the recent hike in H-1B visa fees could contribute to equity outflows from the Indian IT sector in the near term, … Read more