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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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SpaceX Launches Satellite-Carrying Falcon 9 for Musk’s Starlink Internet Service
Business 

SpaceX Launches Satellite-Carrying Falcon 9 for Musk’s Starlink Internet Service

May 24, 2019 by Aruna Bhayana

Technology tycoon Elon Musk’s SpaceX company released a Falcon 9 rocket from Florida on Thursday to carry the first batch of sixty small satellites into low-earth orbit for his new Starlink internet service. The rocket was launched from Cape Canaveral Air Force…

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UK PM Theresa May resigns over Brexit dispute
Business 

UK PM Theresa May resigns over Brexit dispute

May 24, 2019 by Kartik Pandey

UK Prime Minister Theresa May called it quits on May 24, giving rise to speculations about the new leader who is expected to take the Brexit divorce deal forward. May took over the position at 10 Downing Street in 2016 amidst the…

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China reveals 600 kmph magnetic levitation train prototype
Business 

China reveals 600 kmph magnetic levitation train prototype

May 24, 2019 by Kartik Pandey

A prototype magnetic levitation (maglev) train with a maximum speed of 600 kmph has been unveiled by China, which its manufacturers claim to be competitive against the airline industry. CRRC Qingdao Sifang Co, a wholly owned subsidiary of China, has designed the…

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Black Men Suffering More from Prostate Cancer than White Man
Healthcare 

Black Men Suffering More from Prostate Cancer than White Man

May 23, 2019 by Kartik Pandey

Double the number of black men are estimated to die with prostate cancer than white men, and the disparity is largely escalated by those who have access to high-quality treatment, a new study has revealed. A study of more than 306,000 nonmetastatic…

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Indian Roads are Expected to be Flooded with Electric Vehicles by 2025
Auto 

Indian Roads are Expected to be Flooded with Electric Vehicles by 2025

May 23, 2019 by Kartik Pandey

A committee led by Niti Aayog CEO Amitabh Kant has suggested a complete switch to electric two-wheelers and three-wheelers in a phased manner, beginning from March 31, 2023. A senior government official with knowledge of the decision told reporters that the driving…

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The U.S and China Trade War Hurting Unintended Targets: according to IMF study
Finance 

The U.S and China Trade War Hurting Unintended Targets: according to IMF study

May 23, 2019 by Aruna Bhayana

An International Monetary Fund (IMF) study reported that the U.S. tariffs on Chinese products are hitting an unplanned target as the trade war increases in intensity. The study found that the tariff revenue gained from levies on Chinese goods “has been borne…

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India Ends Oil Imports from Iran; Complies with U.S. Sanctions
Business 

India Ends Oil Imports from Iran; Complies with U.S. Sanctions

May 23, 2019 by Kartik Pandey

India has stopped all oil imports from Iran, its ambassador in Washington D.C. said on Wednesday, becoming the latest country to comply with the U.S sanctions. India has already slashed its imports from Iran and bought only one million tons of crude…

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After U.S Ban, Japan-Based Panasonic Stops the Release of Huawei Smartphone
Business 

After U.S Ban, Japan-Based Panasonic Stops the Release of Huawei Smartphone

May 23, 2019 by Aruna Bhayana

Japan’s Panasonic said after the U.S. ban on Chinese multinational company, Huawei, over security concerns, that it was suspending business with the company, joining a growing list of organizations taking such steps. The announcement was made a day following the decision by…

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Amazon Developing an Emotion-Sensing Device
Business 

Amazon Developing an Emotion-Sensing Device

May 23, 2019 by Aruna Bhayana

A wearable, voice-activated device that can recognize human emotions is being developed by Amazon.com, Inc. The gadget being marketed as a health and wellness product is being jointly developed by the Alexa voice software team and Lab126, which created the hardware for…

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British Government Delays Brexit Vote
Business 

British Government Delays Brexit Vote

May 23, 2019 by Aruna Bhayana

The crucial Brexit vote was postponed by the British government, which was scheduled for the first week of June. British prime minister, Theresa May, is focusing on guiding her country out of the European Union. May’s failure in gathering the MPs support…

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Business

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