MARKET EYE-Indian shares edge higher; autos, ITC lead
* The BSE index gains 0.28 percent, while the NSE index advances 0.29 percent. * Gains track higher Asian shares on hopes for a compromise in the U.S. fiscal crisis. * Auto stocks gain on expectations of improving sales during the festival season: Tata Motors gains 1.2 percent, while Mahindra & Mahindra rises 0.7 percent. * Cigarette maker ITC gains 0.7 percent as defensive stocks benefit from caution ahead of winter session of the parliament due to start on Thursday. (firstname.lastname@example.org)
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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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U.S. President Barack Obama watched a dazzling parade of India's military might and cultural diversity on Monday, the second day of a visit trumpeted as a chance to establish a robust strategic partnership between the world's two largest democracies. Full Article | Slideshow