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Uday Kotak warns Iran conflict may hit India

BW BusinessworldRead the original12 May 2026

“Tough Times Are Coming”: Uday Kotak Flags Impact Of Iran Conflict On India — Prominent banker Uday Kotak has warned that escalating tensions in the Middle East, particularly the Iran conflict, could severely impact India’s economy. He highlighted risks to oil prices, inflation, and current account deficit, potentially affecting markets and F&P trading. Rising geopolitical uncertainty may trigger volatility in Nifty and Bank Nifty futures.

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