US
Finance minister pushes for industry growth amid calls for SME, middle-class support
Govt also proposes a shift from engine capacity-based advanced tax on vehicles up to 2,000 CC to a cost ratio basis
Car sales drop nearly 23% as high interest rates, inflation hit purchasing power of consumers
Call for reforms to curb expenses, widen tax net, privatise loss-making SOEs
Burdening tax-compliant sector more may lead to disinvestment as has already been witnessed
Ex-minister says country can grow rapidly if these problems are resolved
Industrialists demand immediate govt action to avert impending disaster
Insists increase in duties will help regulate excessive import of used cars
Propose shift to natural farming as such crops are toxin-free, not harmful to health
Index recovers four percentage points to negative 14% in Mar-Apr survey