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Dear <<First Name>>,
Greetings from INZBC!
New Year’s greetings. I trust you and your family are well. I am sure we all share the strong wish that in early in 2022 we can resume a normal business and social life. Meanwhile, we are still in the Red light alert level, we urge you all to take the necessary precautions, and hopefully New Zealand can soon re-join the international community and put the uncertainty and disruption of the past two years behind us.
India's Union Budget 2022 was released on 1 Feb 2022, by the Finance minister, Nirmala Seetharaman, who said that the Budget gives a blueprint of economy from India at 75 to India at 100, citing the four pillars of development — inclusive development, productivity enhancement, energy transition and climate action. Highlights of the budget can be found below.
In this newsletter, we have shared details of upcoming trade events, and other industry news from India and New Zealand.
Thanks & Regards,
Earl Rattray
Chair, INZBC
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INDIA'S UNION BUDGET 2022-23: HIGHLIGHTS
Presenting the Indian Union Budget 2022, Finance Minister Nirmala Sitharaman said that the country is expected to grow at 9.27 per cent in the coming year
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Indian Finance Minister, Nirmala Sitharaman presented the Union Budget 2022 on February 1, 2022. This is the second budget during the ongoing COVID-19 pandemic. This budget focuses on digitisation, healthcare, climate change, and other important themes. Do read the highlights below: |
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PROMOTION:
Tribes India Global | TRIFED
Inauguration of e-Com portal | www.tribesindia.org
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No matter how far away you are from your country, Tribes India can keep you connected to your culture. Order for the traditional Indian tribal products to bring India to your homes no matter where you are because Tribes India is now delivering globally. |
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Click here to watch the video:
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Ministry of Civil Aviation, Government of India, and Federation of Indian Chambers of Commerce and Industry (FICCI) are organising the next edition of 'Wings India 2022' - a flagship event on Civil Aviation Sector | March 24th - 27th, 2022 in Hyderabad, India
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‘Wings India 2022’ - a flagship event on Civil Aviation Sector is scheduled from March 24th - 27th, 2022 at Begumpet Airport, Sardar Patel Road, Hyderabad, India.
We are confident that your company will be enriched by the immense working networking opportunity in the presence of Policymakers, Government Officials, Technology Experts, Buyers, and Business Partners. |
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This event will offer an appropriate platform for your organisation to unleash the business opportunities from the immensely growing Indian Aviation Market.For any further information, your concerned office may get in touch with:
Mr. Manoj Mehta, Director FICCI at manoj.mehta@ficci.com
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Asia elections in 2022 to have flow-on effects in New Zealand:
Simon Draper, executive director of the Asia New Zealand Foundation Te Whītau Tūhono.
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Like many people, I’d been hoping the new year might signal a new start, even if only psychologically. That wasn’t to be – Covid cases, New Zealand’s border, the domestic economy and Omicron at our doorstep have continued to dominate the news.
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Roger J Kerr assesses the three major forces driving the relative value of the NZD, and how they are likely to play out in the new year
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As we enter a new year dominated by the “two’s”, 2022, we are reminded that even in foreign exchange markets there is always two sides to the story.
For the NZD/USD exchange rate value and direction it has to be expected that the USD side of the equation will once again swamp and smother any local NZ influences.
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Startups backbone of country’s development: PM Modi
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Prime Minister Narendra Modi on Saturday called on Indian startups to tackle challenges facing the country, urging them to move towards villages, as he announced that January 16 would be celebrated as National Startup Day to spread the culture of startups across India.
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India Inc. optimistic for economy ahead of Budget 2022 despite
COVID-19, finds PwC Annual Global CEO Survey
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The PwC Annual Global CEO Survey found that 99 percent CEOs in India are optimistic about India’s economic growth in the coming year; while 94 percent are optimistic about world economic growth improving
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World Bank retains India's economic growth forecast at 8.3% for 2021-22
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The World Bank has retained India's economic growth forecast for the current fiscal at 8.3 per cent as the recovery is yet to become broad-based.
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India's economy recovery on 'solid path' amid rapid vaccination progress, forecast to grow 6.5 per cent in FY 2022: UN
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India is forecast to grow at 6.5 per cent in fiscal year 2022, a decline from the 8.4 per cent GDP estimate in previous financial year, and while the country's economic recovery is on a "solid path" amid rapid vaccination progress, coal shortages and high oil prices could put the brakes on economic activity in the near term, the UN said on Thursday.
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Why domestic consumers may not be enough to power India’s economy
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The Covid pandemic has hollowed out India’s middle class by destroying 10 million manufacturing jobs. For the second time in history, self-reliance might prove to be a costly mistake.
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