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.

Friday, June 28, 2013

HDIL: Limping Back To Normalcy
India's current account deficit (CAD) for the March quarter was $18.1 billion, or 3.6 per cent of GDP, lower than expected and below the $21.7 billion deficit a year earlier.

The current account gap for the full fiscal year ending in March 2013 touched a record high of 4.5% of GDP at $87.8 billion, compared with $78.2 billion (4.2%) a year earlier.

The central bank's comfort level for CAD is 2.5 per cent of GDP.

The April-March CAD stood at $88.2 billion and the Q4 Balance of Payments ( BoP) stood at a surplus of $300 billion versus a $600 billion deficit year-on-year.

This has again made the Real Estate Sector look attractive at the current price levels. CMP: Rs.35.15