A single statement from banker Uday Kotak has suddenly sparked fear across India’s business and financial circles. “The shock is coming,” he warned while speaking about the growing Iran conflict and India’s dangerous dependence on imported oil. At first, it sounded like just another economic caution. But when India’s top industrialists, policymakers, and oil experts started echoing the same concern, people began asking a serious question: Is India heading toward a financial storm bigger than most people realize? And if it happens, ordinary families could feel the impact first.
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Why Experts Fear India’s Toughest Economic Phase Yet
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