Ola Electric shares rise over 4% after PLI approval for two more vehicle models

Ola Electric Mobility’s shares increased 4.4% after the company received PLI certification for two more of its electric scooters. This approval came after the expiry of the FAME II subsidy, replaced by the Electric Mobility Promotion Scheme.

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Gold prices fall on profit-booking

Gold prices in Kolkata experienced a nearly 3% drop, falling to ₹88,401 per 10 gm, triggering a surge in demand from wedding shoppers and bullion