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.

Thursday, March 07, 2013

Dow at record high on China spend pledge
NEW YORK: The Dow Jones Industrial Average hit a record high on Tuesday as major world stock markets rallied after China pledged more government spending to boost economic growth and after data showed the US service sector expanding at its fastest pace in a year in February.
Crude oil and copper prices also advanced on China's pledge deliver economic growth of 7.5% this year in the world's second largest economy. On Wall Street, the Dow Jones Industrial Average surpassed the highs seen in 2007, before the financial crisis, breaking the previous intraday record of 14,198.1 set on October 11, 2007.
"Stocks are close to fair value, but very cheap relative to the bond market and to cash which is very expensive," said David Kelly, managing director and chief market strategist at JPMorgan Asset Management in New York.
 "Central banks have been keeping rates low and that justified higher stock prices. But we weren't seeing that because of these risks. As these risks have diminished, money is going into stocks because it has nowhere else to go. That led to the new high on the Dow Jones Industrial Average today," he said.
After the peak in 2007, stock markets crashed as the US and Europe entered a deep recession. The rebound in US equity markets has been much stronger than in Europe as the United States did not embrace the sharp government austerity measures that have hindered economic growth in Europe.