Ola Electric doubles QoQ growth in Q1 FY26; June vehicle registrations at 16,144 units

Ola Electric witnessed a significant surge in electric two-wheeler registrations during the April-June quarter, nearly doubling from the previous period. This impressive growth, reaching 43,719 vehicles, is attributed to enhanced retail operations, better product availability, and consistent customer demand. The company registered its highest monthly sales in June, signaling a strong recovery in market momentum…

Global Market: Samsung, SK Hynix double down on AI chip boom with massive investment push despite oversupply risks

South Korean chip giants Samsung and SK Hynix are investing trillions to boost memory chip production, fueled by soaring AI demand. This ambitious expansion, backed by the government, aims to solidify South Korea’s global semiconductor leadership. While current shortages drive optimism, experts warn of potential oversupply if AI spending falters, echoing past industry cycles. The…

Gold prices fall Rs 1,300/10 gram; silver tanks Rs 5,600/kg as rate hike bets, US-Iran tensions dent mood. Time to sell precious metals?

Gold and silver prices tumbled on Wednesday as fading hopes for a U.S.-Iran peace deal fueled inflation worries and bolstered expectations of sustained high interest rates from the Federal Reserve. MCX silver futures saw a significant drop, while gold futures also declined. Analysts advise caution, suggesting investors await the Federal Reserve Chair’s speech before making…