Now a clear shift is being seen in India’s oil import strategy. Amidst increasing US pressure and global trade challenges, India is increasing focus on alternative sources like Venezuela while reducing dependence on Russia. Trade concerns have increased due to imposition of 25% to 50% tariffs on Indian exports due to Russian crude. Meanwhile, energy ties with Venezuela are being revived again, which is also indicated by the talks of PM Modi and the leadership there. India is gradually reducing oil imports from Russia from 12 lakh bpd to 5–6 lakh bpd. Refiners like HPCL, MRPL, IOC and BPCL are also changing their sourcing strategy. Overall, India is trying to create a balance between energy security and global pressure by diversifying its oil basket.

A big update related to H-1B visa has now surfaced amidst the ongoing conversation between the US and India. The Trump S This change will be applicable to 85,000 H-1B visas every year, with 20,000 visa reserved for master’s degree holders. According to IFP research, if this new system is applied, the average salary of visa for the first time can increase from $ 106,000 to $ 172,000. This is expected to bring a major change in the US labor market. This step will be a setback especially for outsourcing companies that appoint foreign workers at low salary. At the same time, PhD holders and highly skilled professionals can benefit greatly. However, this change can increase the economic cost of the H-1B visa program by 88%. Significantly, 72.3% of the total H-1B visas released in 2023 were given to Indian professionals. In such a situation, this change can directly affect Indians.

Even among US-India Tarifs, Indian Immigrants have a major contributor to the US Economy. India is at the top of the Forbes report, with 12 billionaire immigrants, which are ahead of Israel, China, Taiwan. Indian Migrants pay $ 250-300 billion i.e. ₹ 25 lakh crore tax every year, which is 5-6% of the US tax, while their population is just 1-1.5%. The average yearly income of Indian Emigrants is ₹ 1.4 crore and they also make 1-2 crore jobs. Big names like Sundar Pichai, Satya Nadella are in this list.