Microsoft cuts Claude Code access as AI coding costs surge

IANS | May 25, 2026 10:38 AM

New Delhi, May 25 (IANS) US-based technology firm Microsoft has begun scaling back access to Anthropic’s Claude Code among its employees and is redirecting engineers towards GitHub Copilot CLI as surging AI usage drives up enterprise computing costs, according to multiple reports.

Congress-ruled states charging higher petrol and diesel prices, taxing people Rs 16 more per litre

IANS | May 25, 2026 9:59 AM

New Delhi, May 25 (IANS) As fuel prices saw their fourth increase this month due to the continuing West Asia crisis, the states with the lowest fuel prices remain predominantly in the BJP-ruled regions, including Gujarat, Uttar Pradesh, Delhi, Haryana, Goa, and Assam. Conversely, the states with the highest fuel prices are primarily the Congress-ruled and the INDIA bloc southern regions, namely Telangana, Kerala, Karnataka, and Tamil Nadu, which impose the highest VAT rates in the nation.

Sensex, Nifty rally 1 pc in early trade as crude oil falls below $100 mark

IANS | May 25, 2026 9:34 AM

Mumbai, May 25 (IANS) Domestic equity markets traded higher on Monday after crude oil prices slipped below the $100-per-barrel mark for the first time in over two weeks amid hopes of a possible agreement to end the US-Iran conflict, with benchmark indices rising over 1 per cent each in early trade.

Foreign investors dump $6.6 billion in Samsung, SK hynix stocks

IANS | May 25, 2026 9:13 AM

Seoul, May 25 (IANS) Foreign investors sold more than 10 trillion won ($6.6 billion) worth of shares in Samsung Electronics and SK hynix last week while extending their net-selling streak in the South Korean stock market to 12 trading sessions, data showed on Monday.

'Pakistan struggling amid worsening foreign exchange crisis'

IANS | May 24, 2026 5:15 PM

New Delhi, May 24 (IANS) Pakistan is grappling with a mounting foreign exchange crisis driven by pressure to repay roughly $4.8 billion of external debt, weak investor confidence, and falling foreign direct investment (FDI), according to an international media report.