Uday Kotak Highlights Potential Economic Impact of US-Iran Tensions
🔴 Tension RisingIndia News Network2026-05-12
Uday Kotak cautioned that US-Iran tensions could pose significant economic challenges to India, particularly regarding energy prices and broader economic impacts. The Indian government reports daily oil company losses of approximately ₹1,000 crore due to its heavy reliance on imported oil. Kotak emphasized the need for strong financial discipline and robust companies to ensure India's economic resilience.