MARKET EYE-Indian shares fall; ITC, ICICI Bank decline
* The BSE index is down 0.09 percent and the 50-share NSE index is also down 0.15 percent. * With the Lunar New Year holiday shutting most Asian financial centres, including those in Japan, China, Hong Kong, Singapore and South Korea, trading was light and potentially volatile on those exchanges that remained open. * ITC falls 1.6 percent on profit-taking, while banking stocks such as ICICI Bank fell on continued concerns on India's economic growth after government estimates on Friday showed India's FY13 growth could be worse than expected. * Traders say chances of a relief rally look bright as India's benchmark index fell for a seventh day to mark its biggest losing streak since November, 2011, on Friday. (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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