MARKET EYE-India's ONGC falls on weaker-than-expected earnings
* Shares in state-run producer Oil & Natural Gas Corp fall as much as 2.5 percent a day after posting a bigger-than-expected fall in July-September net profit due to higher subsidies. * Lower production is another concern, analysts say: HSBC estimates ONGC posted a fourth sequential quarterly decline in crude oil production. * HSBC maintains its 'neutral' rating on the stock with a target price at 300 rupees. * ONGC shares down 2.3 percent at 259.15 rupees as of 0613 GMT. (firstname.lastname@example.org/abhishek.vishnoi@thomsonreuter .com)
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DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.
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