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Another national daily, The Hindu, reported Modi as hoping to hold such a meeting in India in 2019.

Anthony Fauci, the US top infectious disease expert, warned on Monday that the country is "still knee-deep in the first wave" of the pandemic and the US handle of the outbreak is "really not good".

Another catalyst to the company is the inclusion of MSCI Global Small Cap Indexes, and FTSE Bursa Malaysia Mid 70 Index last month. Over the past 12 months, the stock has surged more than seven times to 15.06 ringgit (as of noon time on Tuesday) from 2.06 ringgit after the emergence of new shareholder Shandong Hengyuan Petrochemical.

Anthony Fauci, the nation's top infectious disease expert, warned Monday that the distribution of a COVID-19 vaccine does not mean people should drop "normal, standard public health measures."

Apart from cutting taxes, the requirement rate of social insurance premiums is also expected to be cut down to relieve burdens on businesses.