* Nifty futures on the Singapore Exchange gain 0.02 percent. The MSCI-Asia Pacific index, excluding Japan up 0.2 percent. * Asian shares crept higher on Tuesday, tracking overnight gains in U.S. stocks on optimism over the progress in resolving the U.S. budget crisis before the year-end deadline. * Foreign investors bought 8.86 billion rupees of stocks, while domestic institutions sold stocks worth 6.90 billion rupees on Monday, when India's BSE index rose 0.38 percent. * India's central bank is expected to keep interest rates on hold on Tuesday despite government pressure for a cut, sticking to its guidance that it will not ease monetary policy before early next year as cooling inflation is still too high for comfort. (firstname.lastname@example.org /; email@example.com)
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Greece's combative finance minister resigned on Monday, removing one major obstacle to any deal to keep Athens in the euro zone after Greeks voted resoundingly to back the government in rejecting the austerity terms of a bailout. Full Article | Greece a flashpoint for Europe?