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The Economic Times

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Iran war begins to bomb the GST bonanza. What can happen?

Iran War: Escalating geopolitical tensions in West Asia are threatening to reverse gains from India's GST rationalisation. Rising crude-linked input costs, supply chain disruptions, and higher freight rates are forcing companies to consider price hikes, potentially eroding demand momentum. While the broader consumption outlook remains resilient, inflation risks are increasing.

16 Mar 2026 3:42 pm