Discrimination faced by Mumbaikars...

If the housing societies in Mumbai (Bombay) are only meant for families (married couples), then the government of Maharashtra should make marriage compulsory in the state/city.
Or else the government should tell its citizens where will Unmarried, Divorcees, Bachelors, Spinsters live in the city of skyscrapers or is Bombay only for those who have families.
This is one of the greatest mental blocks of Mumbaikars, who otherwise want to bask in the FALSE HALO of Cosmopolitanism.
This disease (of not giving apartments to Bachelors, Muslims, etc on rent) is specially prevalent in housing societies where the Gujaratis, Marathis and North Indians (to some extent) abound; while the rest of the population is more or less okay with the concept.
The government of Maharashtra should take this matter seriously and devise laws to eradicate this malice ASAP, so that BOMBAY (and its suburbs) becomes free of discrimination based on Marital Status, Religion, etc. Or else the Honourable Supreme Court of India should step in, and give directions to the state or central governments -- so that the fundamental rights of its citizens enshrined in the constitution of India is not violated.

Monday, March 25, 2013

China's steel industry achieved profits in January
A file photo of China’s newly elected president Xi Jinping. Photo: AFP
Major Chinese steel companies achieved a total sales volume of 300.29 billion yuan ($47.74 billion) in January, up 16 percent year-on-year, according to data from the China Iron and Steel Association.

Eighty-six large and medium-scale producers posted overall profits of about 1.34 billion yuan in the same month.

Although the steel industry is rebounding from the losses seen last year, an insider from the association said that about one-third of Chinese steel makers are still in the red.

Twenty-six companies among the 86 are in the red, with total losses reaching about 2.08 billion yuan.

According to Wind Information Co, a provider of financial data, nine steel companies listed in Shanghai and Shenzhen have also published their annual reports. These companies achieved total revenue of 354 billion yuan in 2012, down 9 percent year-on-year.

The nine companies reported a total net profit of 12.1 billion yuan, up 14 percent year-on-year.

"Chinese steel companies' profits are being severely affected by the falling steel products' prices and high costs for coking coal and iron ore," said Zhu Jimin, vice-president of the association during a meeting last month.

Courtesy: China Daily