Apropos ‘US court strikes down H-1B fee, but uncertainty persists’ (June 10), the US federal court’s decision will offer significant relief to Indian IT services firms. The judgment reduces hiring costs and eases financial burdens associated with employing skilled foreign professionals. It strengthens the ability of US employers to attract and retain global talent, particularly from India. The ruling is expected to support business continuity and competitiveness in the technology sector. However, some uncertainty remains as further legal and policy developments could influence the H-1B visa framework.

PV Prakash

Mumbai

Support for OMCs

This refers to ‘Timely support’ (June 10). Jet fuel costs account for a disproportionately large share of operating expenses for domestic carriers compared to their global peers, and currency weakness compounds that disadvantage further. The government’s move to provide interest-free advances through OMCs offers immediate relief, but the larger question remains unanswered — is ₹10,000 crore adequate given current fuel price trajectories? The scheme’s voluntary participation design is sensible, avoiding moral hazard while still providing a meaningful safety net. Regional connectivity depends substantially on smaller carriers whose financial resilience is thinnest. If Indian aviation is to sustain its growth trajectory and compete globally, this one-time stabilisation measure will need to be accompanied by longer-term structural reforms in ATF taxation policy.

A Myilsami

Coimbatore

Flip side of dairy boom

Apropos ‘Dairy boom moves beyond metros into smaller cities’ (June 10), while this helps augment the profitability of companies that undertake milk distribution, the flip side is that it may hurt many small and medium dairy farmers. Small milk producers may get displaced when the sector gets corporatised. Governments must ensure that the interests of small dairy farmers are protected.

Rajiv Magal

Halekere Village, Karnataka

Correction

In the report ‘Current account turns into a surplus in Q4 on jump in remittances, higher foreign direct investments’ (published on June 9), there was a reference to “higher net foreign direct investment (FDI)” in the first paragraph and headline. It should actually read as “lower net outgo on the primary income account”. The error is regretted.

Published on June 10, 2026