COLOMBO - Cyclone Ditwah, which struck Sri Lanka in November, caused an estimated US$4.1 billion (S$5.2 billion) in direct physical damage to buildings, agriculture and critical infrastructure, according to a World Bank report released on Dec 22. The natural disaster killed more than 640 people, an»»»

NEW DELHI: The GST Council is expected to meet soon and discuss issues linked to simplification and rationalisation of rates and future of the compensation cess, a top govt source said on Friday."There are three or four different aspects relating to making GST simpler. We will take up the issue of »»»

NAIROBI, Dec 5 (Reuters) – Kenya’s central bank unveiled a big interest rate hike on Tuesday aimed at stabilising the shilling currency KES=, whose depreciation has spurred price pressures, curbed foreign investment and affected debt-servicing. The Central Bank of Kenya raised its policy rate KECBI»»»