The Government, led by Finance Minister Nicola Willis, is aiming to boost foreign investment by eliminating tax barriers, as announced during a pre-Budget event with Prime Minister Christopher Luxon. A budget of $75 million has been allocated over four years to facilitate foreign investment in infrastructure and to assist start-ups in attracting and retaining high-quality talent. This initiative is part of a broader strategy to enhance the economic landscape and foster growth within the country.
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Air India flight crashes shortly after takeoff in Ahmedabad, India – reports
A London-bound Air India flight crashed into a residential area shortly after taking off from Ahmedabad's Sardar Vallabhbhai Patel International Airport at 1:38 PM local time. The aircraft, carrying 242 people including crew, issued a MAYDAY call to air traffic control before losing contact and falling outside the airport perimeter. More Context
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