More consultants are being hired by the industry to help tackle the AdBlue problem

The Industry Department has given another $1.6 million to a worldwide consultant to help address Australia's AdBlue crisis, as the closure of the country's sole domestic production facility threatens to deplete supplies for the second year in a row.

After a global scarcity of cr...

Chemical Shortage in Australia to Leave Diesel Trucks Inoperable

Australia is facing a severe shortage of urea. Urea is used to make Adblue which makes diesel safer and more anti-polluting. This crisis has brought the diesel trucking industry of Australia to a near halt.

This is devastating for Australia’s economy as the industry was its backbo...

ADB PROJECTS CONTRACTION OF 4% IN THE INDIAN ECONOMY IN FY21

Highlights

• As per the report made by ADB, though the petrol prices declined in May, the food inflation went up by 7.4 percent YoY 

• ADB states that Indian economy will jump 5 percent in FY22

• On Friday, Fitch revised its outlook on IDR to nega...