24 Sep 2025 | 3 Mins Read
Tech stocks decline up to 2.5% on US H-1B visa overhaul plans
Flipitmoney
US President increased H-1B visa fee to $100,000, affecting $283 billion India IT sector, which earns 57% of revenue from US. The change, along with new proposals, may make it harder for entry-level talent, particularly Indians, to secure US work visas, pushing IT stocks down by 1.11% to a day's low of 34,587.