China to Add Targeted Stimulus, Scotiabank's McCully Says

The video discusses the economic slowdowns in China and India. China's industrial profits are declining due to deflation and weaker production, amidst trade disputes. The government is using targeted monetary and fiscal measures to stabilize the economy. In India, growth has slowed significantly, with weakened consumer demand and investment. The government is attempting to counteract these issues with stimulus measures, but long-term structural reforms are needed.

In what ways can the Indian government address the economic slowdown?

What structural reforms are necessary for the long-term stability of the Indian economy?