Dec 18 (Reuters) - GLOBAL MARKETS ROUND UP * Nifty futures on the Singapore Exchange SINc1 are 0.31 percent higher, while the MSCI-Asia Pacific excluding Japan index .MIAPJ0000PUS is up 0.19 percent. * Asian shares were tentative on Wednesday as investors waited with bated breath to hear when the U.S. Federal Reserve will begin unwinding its massive stimulus, a major driver for global risk assets in recent years. MKTS/GLOB * U.S. stocks closed slightly lower on Tuesday, with investors reluctant to make big bets before the results of a Federal Reserve meeting that could give some clarity as to when the central bank will begin trimming its stimulus. .N EVENTS/FACTORS TO WATCH * The Reserve Bank of India to announce mid-quarter policy review at 1100 IST (0530 GMT), about 12 hours before the Fed's FOMC statement. INDIAN STOCKS TO WATCH For additional press items double click IN-PRESS NOTE: Reuters has not verified third-party stories and does not vouch for their accuracy. India central bank proposes steps to rein in bad loans - ID:nL3N0JW2LQ Economists hope India can cool inflation fight after fresh rate hike - ID:nL3N0JW1A0 Tesco readies India's first foreign supermarket investment - ID:nL3N0JW2G2 Indian parliament approves landmark anti-graft bill as elections near - ID:nL3N0JW2VU Suzuki to set up export headquarters in India - Mint (http://link.reuters.com/juj55v) Novelis to build more automotive sheet capacity - ID:nL2N0JW1BD State Bank Of India says officers, staff to participate in Dec. 18 strike - ID:nWNBS0095M Sun Pharma Advanced Research Co gets U.S. FDA complete response letter on anti-depressant product - ID:nWNBS0095P ANALYSIS-China's equities seen overtaking India's in 2014 - ID:nL4N0J725C IRB Infrastructure Developers preferred bidder for Rs 15 bln road project - PTI in Economic Times (http://link.reuters.com/kuj55v) CAG alleges DoT caused Rs 16.49 bln loss to government - Economic Times (http://link.reuters.com/muj55v) (Compiled by Manoj Rawal) ((manoj.rawal@thomsonreuters.com)(+91-22 6180-7219)(Reuters Messaging: manoj.rawal.thomsonreuters.com@reuters.net)) Keywords: MARKETS INDIA STOCKS/PRE OPEN