Indian IT companies face rising costs due to a sharp increase in US H-1B visa fees. This could significantly impact their profits. Firms may increase offshoring and local hiring to mitigate the effects. Project timelines could be disrupted. Clients may also bear some of the increased costs. Alternative talent models like remote work may become more common. Post navigation Gold rate today: Gold prices hit fresh lifetime highs of Rs 1.11 lakh per 10 grams; silver crosses Rs 1.33 lakh/kg India’s exports to US plunge! Not just goods hit by Trump’s 50% tariffs, even smartphones see ‘alarming’ dip; what’s happening?