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, May 09, 2013

Copper Climbs in London After Gains in China Signal More Demand
 Buy HINDALCO Industries Ltd at Rs.103--103.50, T--Rs.113, SL-Rs.98 (exit). Rest of the details to the Paid Members and to those who are trading with my recommended BROKERAGE HOUSE/S
Copper rose in London after a report on growing exports and imports from China signaled increased demand for the metal from the world’s biggest buyer.

China’s exports rose 14.7 percent last month from a year ago and imports climbed 16.8 percent, data from the General Administration of Customs showed today. The nation accounts for more than 40 percent of global copper consumption. Prices jumped 6.2 percent on May 3 afte U.S. payrolls climbed.

“The U.S. recovery and improving Chinese international trade figures are supporting the copper price,” Pengjiang “Richard” Fu, director for Asian commodities trading at Newedge Group SA in London, said by e-mail today. “China’s data this month on money supply, inflation and new loans will be key to keeping the rally going.”

Copper for delivery in three months on the London Metal Exchange rose 0.9 percent to $7,333.25 a metric ton by 9:01 a.m. in London. Copper for July delivery increased 0.8 percent to $3.33295 a pound on Comex in New York.

Inbound shipments of refined copper, alloy and products by China were 295,799 tons last month, customs data showed today. That was the lowest since June 2011, and was down 7.4 percent from March, according to data compiled by Bloomberg.

Goldman Sachs Group Inc. is still bullish on copper near- term, Max Layton, an analyst at the bank, said in a report dated yesterday, citing declines in inventories and an anticipated improvement in sentiment on Chinese demand. The bank kept its three-month forecast at $7,500 a ton, six-month at $8,000 and 12-month at $7,000.

Aluminum, tin, zinc, nickel and lead also advanced in London.

To contact the reporter on this story: Agnieszka Troszkiewicz in London at atroszkiewic@bloomberg.net 

Courtesy: Bloomberg