Day: August 2, 2021

Dow Jones Futures: Inventory Market Rally Close to Highs; Li Auto Gross sales Soar With Tesla Rivals Nio, Xpeng In Focus

Dow Jones futures will open Sunday night, together with S&P 500 futures and Nasdaq futures. The inventory market rally held close to highs final week with a variety of leaders flashing shopping for alternatives. Li Auto reported booming July gross sales with Nio (NIO), Xpeng and Tesla’s different China EV rivals are in focus.




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Li Auto (LI) on Sunday reported July deliveries of 8,589, up 251% vs. a yr earlier.  Fellow Chinese language EV makers Nio, Xpeng (XPEV), and BYD Co. (BYDDF) are set to launch July gross sales inside the subsequent few days. Tesla (TSLA) China gross sales

Monsoon revival: Sowing picks up in main crop-producing states

Pan-India precipitation was 1% beneath the benchmark lengthy interval common (LPA) as on Saturday, regardless that there was a 7% deficit in July, the wettest of the four-month season that’s essential for summer time crop sowing.

Worries about patchy rains hitting summer time crop acreage and thereby the nation’s meals grain output and farmers’ earnings had been allayed on Saturday, as newest Met Division knowledge confirmed a wise revival of monsoon rains with almost even distribution throughout the nation.

Pan-India precipitation was 1% beneath the benchmark lengthy interval common (LPA) as on Saturday, regardless that there was a 7% deficit

4x soar in patent, trademark registrations in 5 years; ‘particular care’ to MSME, startup purposes: CGPDT

The minister prompt CGPDT for extra efforts to extend consciousness in regards to the geographical indication (GI) tag and its significance. (Consultant picture)

Ease of Doing Enterprise for MSMEs: Highlighting the “particular care” given to expedite examination of patents filed by MSMEs, ladies entrepreneurs, and startups, Controller Common of Patents, Designs and Logos (CGPDT) knowledgeable the Commerce Minister Piyush Goyal a couple of four-fold improve in patent and trademark registrations up to now 5 years. CGPDT officers in a evaluate assembly with Goyal over the reforms launched in analyzing and granting of patents, designs, copyrights, and emblems stated the variety