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.

Wednesday, September 25, 2013

 Gold edges up for second session; physical demand soft
SINGAPORE | Wed Sep 25, 2013 - Gold ticked up for a second session on Wednesday, recovering after a 3 percent drop in as many days, but gains were limited by lacklustre physical demand and lingering uncertainty over the outlook for U.S. economic stimulus.

Bullion has fallen about 20 percent this year - after 12 years of gains - on fears the U.S. Federal Reserve would begin tapering its $85 billion monthly bond purchases. Recent comments by the Fed have caused confusion as to the exact timing.

When prices fell sharply in April and June, physical demand picked up strongly. With continued volatility in prices and expectations of further declines, consumers have stayed away.

"We are seeing very slow demand as people are still bearish," said Peter Fung, head of dealing at Hong Kong's Wing Fung Precious Metals. "They are waiting for prices to fall below $1,300."

Premiums over London prices were unchanged from last week.

Spot gold rose 0.2 percent to $1,325.36 an ounce by 0302 GMT, extending slight gains from the previous day.

Prices were supported by soft U.S. data on gains in home prices and consumer confidence.

Top consumer India is expected to see a fresh bout of purchases after nearly two months as new rules on gold imports and exports were clarified.

Pent-up demand and the upcoming festival and wedding season could prompt a surge in buying but it is still not expected to be as much as the record 162 tonnes of imports in May.

China, the second biggest gold consumer, is also headed into a strong buying season but market holidays next week have kept things quiet.

Chinese markets will be closed all of next week for the National Day holiday, when weddings usually kick off.

"After the holiday, if prices are below $1,300, then we can see good demand from them," said Fung.

Courtesy: Reuters