Summary of this article
When Uday Kotak stood up at the CII Annual Business Summit this week and said "we have not seen the impact in the last two months of the West Asia war in terms of energy price transmission — it's coming, and it's coming big," the room had good reason to take note. The founder of Kotak Mahindra Bank is not given to exaggeration. His warning, framed as what he called "strategic paranoia," was aimed squarely at policymakers, businesses and citizens.
The message was not very hard to interpret: the cushion is running out.
