CII Chief Rajiv Memani Outlines Economic Outlook Amid Geopolitical Shifts

CII Chief Rajiv Memani Outlines Economic Outlook Amid Geopolitical Shifts

Navigating Global Logistics and Industrial Policy Confederation of Indian Industry (CII) President Rajiv Memani stated on Monday that incoming governments typically introduce a revitalized vision for industrial policy, serving as a catalyst for economic growth. Speaking in the context of ongoing global instability, Memani emphasized that even if the current crisis in West Asia reaches…

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Crude Prices Retreat as U.S. Intervention Looms in Strait of Hormuz

Crude Prices Retreat as U.S. Intervention Looms in Strait of Hormuz

Global crude oil prices experienced a marginal decline on May 4, 2026, as markets reacted to signals from the U.S. government regarding potential military or logistical assistance for commercial vessels currently stranded in the Strait of Hormuz. Despite the slight softening in valuation, benchmark prices remained firmly anchored above the $100 per barrel threshold, reflecting…

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