MARKET EYE WEEKAHEAD-RBI policy, reforms key for Indian stocks
* Indian shares are seen on hold ahead of the RBI's rate review on Tuesday. * Most analysts expect the central bank to leave interest rates on hold and say the RBI could instead cut the cash reserve ratio. * An unexpected jump in industrial output and lower-than-expected inflation are reinforcing hopes the RBI could start cutting interest rates in January. * Further traction on reforms are also anticipated as the winter session of parliament is due to end on Dec. 20. * The government has already approved or passed a slew of fiscal and economic reforms, but bills are pending on banking, pension and insurance. KEY FACTORS/EVENTS TO WATCH: Sat: India's Prime Minister attends an industry event in New Delhi. Tue: RBI reviews monetary policy Thurs: Indian Parliament's winter session ends, India hosts ASEAN summit. Fri: Weekly forex reserves, bank loan data. (firstname.lastname@example.org / email@example.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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