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Fact Sight is a weblog, where you will find the latest news and updates of the market.

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U.S. Shale to Observe Slower Growth this Year
Business 

U.S. Shale to Observe Slower Growth this Year

July 2, 2019 by Aruna Bhayana

The U.S. shale market’s growth rate peaked last year, as per a survey of major forecasters, cooled by investors asking for financial returns over the surging oil output. Nearly 1.3 million barrels per day (bpd) of new U.S. shale oil should come…

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FSSAI Demands Color-Coded Labels on Items with High Sugar, Salt, Fat Content
Others 

FSSAI Demands Color-Coded Labels on Items with High Sugar, Salt, Fat Content

July 1, 2019 by Aruna Bhayana

According to Food Safety and Standards Authority of India’s new draft of labeling regulations, manufacturers of soups, chips, biscuits, juices, and other packaged foods will soon have to show red coding on the front of packets of products with a high amount…

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MG Motors to Continue Offering Diesel Engine Vehicles
Auto 

MG Motors to Continue Offering Diesel Engine Vehicles

July 1, 2019 by Kartik Pandey

New Delhi: MG Motors India has stated that it will continue to provide diesel engine options in their vehicles, priced above Rs 15 lakh, even after the transition to Bharat Stage VI (BSVI) emission norms that have forced Renault and Maruti Suzuki…

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New Cholera Vaccine HillChol in Clinical Stage Promises to Fill Supply Gap
Business 

New Cholera Vaccine HillChol in Clinical Stage Promises to Fill Supply Gap

June 27, 2019 by Aruna Bhayana

Mumbai: Hyderabad-based vaccine manufacturer, Bharat Biotech, and Research firm, Hilleman Labs, are coming together for Phase 3 trials of a Cholera vaccine which can positively fill supply gap. HillChol, the oral vaccine, will be put into Phase 3 of clinical trials by…

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Donald Trump Calls India the ‘Tariff Kings’ Ahead of the G-20 Summit
Business 

Donald Trump Calls India the ‘Tariff Kings’ Ahead of the G-20 Summit

June 27, 2019 by Aruna Bhayana

Ahead of the G-20 Summit in Japan, Donald Trump demanded from Prime Minister Narender Modi, the withdrawal of trade tariffs, calling them “unacceptable”. Trump and Modi are to hold a bilateral summit in Osaka in Friday. Trump Has passed several comments in…

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North Korea Declares US Extensions of Sanctions ‘A Hostile Act’
Others 

North Korea Declares US Extensions of Sanctions ‘A Hostile Act’

June 26, 2019 by Kartik Pandey

The latest US extension of sanctions is a hostile act against North Korea and a challenge to a historical summit among two countries in Singapore last year, an official of Pyongyang’s foreign ministry said. Last week, the White House extended six executive…

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Jerome Powell States Federal Reserve Protected from Politics
Business 

Jerome Powell States Federal Reserve Protected from Politics

June 26, 2019 by Kartik Pandey

Federal Reserve Chairman Jerome Powell said that the US central bank is “insulated from short-term political pressures,” and that its policymakers are struggling with whether to reduce interest rates as President Donald Trump has asked. “The Fed is insulated from short-term political…

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Trump Comes Up with New Sanctions on Iran
Others 

Trump Comes Up with New Sanctions on Iran

June 25, 2019 by Aruna Bhayana

US President Donald Trump said on Monday that he is obtruding new sanctions on Iran, after stating for days that he chose tightening the pressure on a paralyzed Iranian economy over launching an immediate military strike in reply for what US officials…

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FedEx Files Against US Government Over Products Accidently Shipped
Business 

FedEx Files Against US Government Over Products Accidently Shipped

June 25, 2019 by Aruna Bhayana

FedEx Corp, the global parcel delivery firm, on Monday, sued the US government, stating that it should not be held liable if it accidentally ships products that fail a Trump administration prohibition on exports to Chinese companies. The step came after FedEx…

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Israel to Take in Account US Mideast Plan, Palestinians To Snub
Others 

Israel to Take in Account US Mideast Plan, Palestinians To Snub

June 24, 2019 by Aruna Bhayana

Israel’s prime minister, Benjamin Netanyahu, said on Sunday that he would offer US President Donald Trump’s Middle East peace plan open and fair consideration, while the Palestinian president, Mahmoud Abbas refused the proposal. The two leaders were speaking separately about Trump’s plan…

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