* Nifty futures on the Singapore Exchange is 0.29 percent up while the MSCI-Asia Pacific index excluding Japan is 0.28 percent higher.
* Asian shares crept ahead on Monday, while the dollar lost ground to the yen as markets hunkered down for a busy week for economic data and central bank policy meetings in the euro zone and United States.
* U.S. stocks dipped on thin volume on Friday, though the market had a strong week overall despite a mixed bag of earnings and weak economic figures.
FACTORS TO WATCH
* The fate of India's largest copper smelter, run by Sterlite Industries Ltd, is expected to be determined at an environmental court hearing.
* India's top soybean processor Ruchi Soya Industries Ltd has organised a press conference to announce a joint venture with a Japanese company.
* Earnings of Hindustan Unilever Ltd.
INDIAN STOCKS TO WATCH
*India's monsoon rainfall seen average in 2013 - minister
*Hero MotoCorp Q4 profit falls 5 pct as rivals hit market share
*India's top copper smelter seen getting green light to restart
*Tata Steel may shut UK technology centres - Times of India
*JSW Seel puts 350 bln rupees Bengal steel project on hold - PTI in Business Line
*Govt wants RIL to give up 86 pct of KG-D6 area - PTI in Times of India
*India may suspend sale of drugs banned in key markets - Economic Times
*Suzlon's REpower unit to slash 750 jobs to cut costs
*Chidambaram's race to reform Indian economy runs into political hurdles
*Indian hedge funds dare where foreign investors fear to tread
*Govt likely to relax ECB norms for low-cost housing, infra - Business Standard
*Ex-Qantas CFO tipped to helm Jet - Mint
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