US-Iran Sanctions: The US announced fresh measures targeting Iran’s “shadow oil economy,” warning any entity trading Iranian oil faces US sanctions. Markets & Energy: India’s Sensex and Nifty opened higher as oil eased on hopes of an Iran deal, with investors watching crude and macro stability. CEO Mood: A US CEO survey shows confidence slipping and expectations worsening over the next six months, echoing weaker consumer sentiment. India-US Trade Push: Piyush Goyal met 50+ industry leaders in New York to deepen trade, investment, innovation and supply-chain partnerships. MSCI Rebalance: MSCI’s May 2026 index changes kick in May 29, with Standard Index shifts seen driving $800m–$1bn passive outflows and heavy Smallcap churn. Data Centers in India: Mumbai is set to capture about 47% of new data center capacity over five years, reinforcing the country’s digital infrastructure concentration. Small Business Pressure: US small business owners report marketing budgets under strain, while accessibility lawsuits keep rising—many firms still get caught despite having tools. Local Business Support: Palm Beach’s Community Business Preservation Program offers grants, marketing help and lease support as rents and redevelopment threaten legacy shops. Islamic Finance: Malaysia retained the top spot in the world’s Islamic economy ranking, citing its halal and finance ecosystem.