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'Most have similar or higher fuel taxes'


‘Most have similar or higher fuel taxes’
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‘Most have similar or higher fuel taxes’
Surojit Gupta & Sidhartha / TNN / Updated: Jul 29, 2021, 09:10 IST
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How do you see the economic situation now?
If we look at the economic impact of the second wave, there are two-three important differences. First, the wave itself was much shorter, the pace of rise was very sharp and similarly the pace of decline was equally sharp and six-to-eight weeks were really intense. In contrast, the first wave lasted for six months. Second, this time the restrictions were all placed at the state level, they were asynchronous in time and they were also heterogeneous in their intensity. Third, most essential activities and inter-state movement were not impacted. Mid-May onwards, many high frequency indicators that we track started trending up again. When you put these and other data together, the overall economic impact of the second wave ....

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Race against time


KUALA LUMPUR: The Malaysian Automotive Association (MAA), which has revised downwards its vehicle sales forecast by 5.6% to 500,000 units this year, is projecting a tough second half for the industry as businesses continue to be affected by the ongoing nationwide movement restrictions.
MAA president Datuk Aishah Ahmad (pic below) said another downward revision to its 2021 forecast would be inevitable if automotive original equipment manufacturers (OEMs) and dealers are continued to be barred from operating.
MAA president Datuk Aishah Ahmad
“Our current revised forecast is based on the assumption that the local automotive industry will be able to resume operations from August. If that does not happen, we may need to revise our targets again. ....

Kuala Lumpur , Datuk Aishah Ahmad , National Recovery Plan , Malaysian Automotive Association , Asian Financial Crisis , Asian Financial , குவாலா லம்பூர் , தேசிய மீட்பு திட்டம் , மலேசியன் தானியங்கி சங்கம் , ஆசிய நிதி நெருக்கடி , ஆசிய நிதி ,

KKR completes stake buy in FOGG brand owner Vini Cosmetics for Rs 4,600 cr

KKR completes stake buy in FOGG brand owner Vini Cosmetics for Rs 4,600 cr
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