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OtherBusinessApr 09, 2026 05:33 PM

Indians are 'new oil, coal, or gas', says immigration expert amid H-1B row; Laura Ingraham reacts

US President Donald Trump's $100,000 fees hike for specific H-1B visa hires has sparked debate among various industry representatives, with many expressing their views on its effects on the US economy. Xavier Fernandes, the founder of the immigration agency Y-Axis, stated that the policy might be more detrimental to the US than beneficial. In an interview with CBS News programme on India's IT sector and H-1B visas, Fernandes said, "It's definitely America's loss. Many CEOs are from Hyderabad. ...Read More >

CBS News - Technology - News Image
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TechnologyApr 05, 2026 07:27 AM

How the White House's $100,000 H-1B visa fee is impacting America's ability to attract global talent

Hyderabad, India -- The city of Hyderabad has been called the Silicon Valley of India. "Google, Facebook, and all the other bigger companies are here," Rajesh Jaknalli, who has worked for a U.S. tech company in Hyderabad for about 10 years, told CBS News. "This place is actually called High Tech City, but because of the many companies that we have, the term 'Cyberabad' has come," Jaknalli explained. Jaknalli says he has worked here with one goal, to get an opportunity to one day move to the U ...Read More >

CBS News - Technology - News Image
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12
TechnologyApr 05, 2026 05:31 AM

How the White House's $100,000 H-1B visa fee is impacting America's ability to attract global talent

Hyderabad, India -- The city of Hyderabad has been called the Silicon Valley of India. "Google, Facebook, and all the other bigger companies are here," Rajesh Jaknalli, who has worked for a U.S. tech company in Hyderabad for about 10 years, told CBS News. "This place is actually called High Tech City, but because of the many companies that we have, the term 'Cyberabad' has come," Jaknalli explained. Jaknalli says he has worked here with one goal, to get an opportunity to one day move to the U ...Read More >

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