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Iran War Could Trigger Corporate Layoffs, Alarming Report Reveals Job Security Fears
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Iran Conflict Threatens Indian Jobs, Corporate Earnings: Kotak Report
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News18
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05-03-2026, 17:42
Iran Conflict Threatens Indian Jobs, Corporate Earnings: Kotak Report
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Kotak Institutional Equities report warns Iran conflict could impact Indian corporate earnings if it persists beyond weeks.
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High oil and gas prices due to the conflict could pressure India's economy and market, affecting the job sector.
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Foreign investors are cautious, fearing disruptions in oil/gas supply and increased current account deficit risks for India.
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Jobs of 10 million Indians in Gulf countries (UAE, Saudi Arabia, Kuwait, Qatar) are at risk due to potential project shutdowns.
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Remittances of 4-5 trillion rupees from Gulf to India could decrease, impacting India's economy and domestic job market.
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