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.

Sunday, April 07, 2013

Overseas investors pours Rs.639 crore into Indian equities during the first week of the current fiscal
Overseas investors have poured in Rs 639 crore into Indian equities during the first week of the current fiscal, but experts fear a possible sell-off in the coming days amid political and economic worries.

From April 2-5, Foreign Institutional Investors (FIIs) were gross buyers of shares worth Rs 14,378 crore, while they sold equities amounting to Rs 13,739 crore -- a net investment of Rs 639 crore (USD 118 million), as per Sebi data.

The net inflow is despite the fact that FIIs sold equitiesin 3 of the 4 days.

Market experts believe however that the stock market would see heavy outflows in the next few trading sessions because of profit booking, amid concerns over high current account deficit (CAD) possibility of early elections.

"We could see huge FIIs outflows from the stock market in the next few trading session," CNI Research CMD Kishor Ostwal said.

Similarly, Head of Research at Geojit BNP Paribas Financial Services Ltd, Alex Mathews said: "Foreign investors are expected to pull out from the Indian stock market in the next few trading sessions.

"Although, we have witnessed net inflows during the month, in the last few trading sessions, FIIs have pulled out from equities because of factors such as profit booking, CAD touching a record high and political uncertainty."

As for the debt market, FIIs have pulled out Rs 629 crore during the period. This takes the overall net investments by FIIs into debt markets to Rs 12,115 crore (USD 2.24 billion) so far this year.

During this period, FIIs have invested Rs 56,262 crore (USD 10.4 billion) into the Indian equities, after investing USD 24.4 billion in 2012, about USD 5 billion below record purchases two years ago.

As on April 5, the number of registered FIIs in the country stood at 1,759 and total number of sub-accounts was 6,354.

Courtesy: Indian Express