Domestic cooking gas LPG price has been hiked by ₹29 per cylinder, marking the second increase in three months due to rising global energy costs amid US-Iran war. After the latest revision, 14.2-kg domestic LPG cylinder will now cost ₹942 in Delhi and ₹941.50 in Mumbai. The LPG cylinder prices rose by ₹60 in March.

Cursor has introduced Design Mode, a feature that helps AI coding agents better understand visual instructions. The feature lets users select and annotate elements directly in a live application, giving AI agents more precise visual context instead of relying solely on text prompts. The update aims to reduce the back-and-forth between design tools, browsers and code editors, speeding up workflows.

Russia's share in the value of India's oil imports jumped to an 11-month high of 37.7% in April 2026. India paid Russia $864.9/ton for its oil, while it paid $787.1/ton overall for imports from all countries. India paid a premium of $77.8/ton to Russia in April, up 425% from March 2026, after the West Asia crisis pushed oil prices up.

Yes Bank has received a ₹63.27-crore demand notice for the period July 2017 to June 2018 from Maharashtra's GST department, according to an exchange filing. The bank said it will take appropriate steps, including contesting the order through appeal within the prescribed timelines. ''The bank will take necessary legal remedy against the said order, including filing an appeal,'' it added.

OpenAI's next model is being designed by another model in a sign that AI is reaching "superintelligence", SoftBank CEO Masayoshi Son said. According to Son, OpenAI CEO Sam Altman and the firm's engineers told him that an AI model is designing a future model. This comes after Anthropic warned AI systems might eventually upgrade themselves with barely any human help.

Middle East war and Strait of Hormuz's closure were expected to push oil prices to $200/barrel, but they've managed to hover around $100/barrel. Record US exports, a slowdown in China's oil imports and limited tanker movement through the strategic waterway are some reasons behind oil prices remaining controlled. However, they may rise as countries' oil buffers begin running out.

US-listed chipmakers lost $1.3 trillion (over ₹123 lakh crore) in market value on Friday, with shares of NVIDIA and Micron among the biggest losers. The PHLX chip index plunged 10.3%, marking its biggest one-day loss since the pandemic-driven market turmoil of March 2020. The selloff came after Broadcom's quarterly report showed demand for its AI chips falling short of expectations.

Russia's state-owned oil refinery Rosneft's CEO, Igor Sechin, said that US companies were the biggest beneficiaries of the Strait of Hormuz closure. The US, currently the biggest oil producer in the world, "gained non-competitive advantages and ability to secure high-cost supplies", Sechin added. He described the closure as "attempt to reshape global energy market regulations to benefit the US".

Container shipping rates to the US from Asia have skyrocketed 109%, while Europe-bound container prices rose 50% since the US war with Iran began in February, according to data from Xeneta. Further, the spot rate for a 40-foot container to northern Europe from Asia rose to $3,649 as of Friday, a 27% increase from the week earlier.

Palantir CEO Alex Karp compared excessive AI use to porn addiction while arguing that simply consuming more AI doesn't necessarily mean better results. "It's like people are just sitting there all day kind of like a porn addiction," he added. Talking about Palantir's approach to track usage, Karp said, "We call it the 'demastibatory', like get off masturbation thing internally."