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Business Standard CEO Poll: Wars, trade frictions test biz confidence

75% of CEOs are "cautiously optimistic" about the future

Indian CEOs, CEOs, Reserve Bank of India, trade wars, US tariffs
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“Everyone is in wait-and-watch mode to assess the fallout of the US strikes on Iran. A shutdown of the Strait of Hormuz would severely impact crude oil flows,” said one CEO | Illustration: Ajaya Mohanty

BS Reporters Mumbai/New Delhi/Kolkata/Bangalore/Chennai

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Nearly 75 per cent of Indian CEOs say that the global uncertainty — driven by escalating tensions between Israel and Iran and the uncertain trade tariff environment — is “somewhat impacting” their businesses. However, the remaining respondents do not foresee any significant disruptions, according to a nationwide dipstick survey of the CEOs conducted last week.
 
Despite the geopolitical tensions, 83.33 per cent of the 12 CEOs surveyed by Business Standard affirmed that they are not altering their greenfield investment plans, even after US strikes on  Iranian nuclear sites early Sunday raised the stakes in the region.