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Wall Street Week

Staying Above Water | India-US relations, the luxury industry reimagined, trouble with regulation, zombie companies

Mar 1, 2025
India's growth story faces complexities as US relations shift. The luxury industry grapples with sustainability and the rise of secondhand retail as potential saviors. There's an intriguing discussion on deregulation and its mixed effects. Plus, the fate of 'zombie companies' is examined, highlighting the struggles and comebacks of brands like Barnes & Noble. Insights into the detection of these struggling firms reveal key financial indicators that could signal their fate.
38:28

Podcast summary created with Snipd AI

Quick takeaways

  • India's economic growth is slowing, necessitating urgent reforms and innovative governance to attract foreign investment and create jobs.
  • The luxury industry faces a transformation with rising second-hand markets, as brands adapt to variable consumer demands amid economic uncertainties.

Deep dives

India's Economic Growth Challenges

India's recent economic growth has shown signs of slowing down, with fluctuations in investor confidence highlighted by a significant drop in foreign inflows. The initial promise of a robust growth rate began to dwindle as realistic expectations lowered the projected trend rate from 7-8% to closer to 6%. Experts suggest that necessary reforms in the Indian market are essential to sustain even this moderate growth rate, as job creation remains a significant concern. With a youthful population and a decreasing dependency ratio, India must capitalize on this demographic advantage to achieve its long-term developmental goals.

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