* India's benchmark BSE index breached the psychologically meaningful level of 20,000 for the first time since Jan. 2011, but retreated below that in later trading. * Indian shares continue to be supported a day after the government delayed the implementation of controversial rules on tax avoidance and lower-than-expected inflation bolstered the case for cut in interest rates. * The BSE index is up 0.1 percent at 19,916.37 while the NSE Index is flat. * India's Tata Consultancy Services Ltd shares gain 2.7 percent, a day after topping expectations with a 23 percent rise in October-December profit. * Auto makers shares gain on hopes a cut in interest rates will improve industry demand: Maruti Suzuki India Ltd shares gain 0.7 percent, while Mahindra and Mahindra Ltd is up 0.3 percent. (email@example.com firstname.lastname@example.org)
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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?