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, October 03, 2013
Gold jumps up as soft U.S. jobs report weakens dollar
Gold and the dollar tend to trade inversely with one another.
On the Comex division of the New York Mercantile Exchange, gold futures for December delivery traded at USD1,316.70 during U.S. afternoon hours, up 2.38%.
Gold prices hit a session low of USD1,278.20 a troy ounce and high of USD1,323.80 a troy ounce.
Gold futures were likely to find support at USD1,272.10 a troy ounce, the low from Aug. 7, and resistance at USD1,375.10, the high from Sept. 19.
The December contract settled down 3.08% at USD1,286.10 a troy ounce on Tuesday.
Payroll processing firm ADP said earlier that U.S. non-farm private employment rose by a seasonally adjusted 166,000 in September, missing expectations for an increase of 180,000.
July's figure was revised down to a gain of 159,000 from 176,000.
The numbers bolstered gold by keeping expectations alive that the Federal Reserve will continue stimulating the economy with its monthly USD85 billion in asset purchases, which weaken the dollar by driving down interest rates to spur recovery.
Elsewhere, a U.S. government shutdown ran into its second day on Wednesday due to an inability among lawmakers to approve a spending package.
Concerns the shutdown will mean the official September jobs report won't publish Friday pushed the ADP report into the limelight, moving gold higher and the dollar lower as a consequence.
Elsewhere on the Comex, silver for December delivery was up 2.88% at USD21.785 a troy ounce, while copper for December delivery was up 1.34% and trading at USD3.318 a pound.