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, July 11, 2014

FIIs' and DIIs' Trading Activity 
Today, customary selling after Infosys Ltd's Quarterly Results is going on. Also, some people are booking profits before the weekend. Nifty is now at 7514 and Sensex at 25232. The markets are expected to recover, by the end of the day, as Mr.Arun Jaitley's budget--2014-15 was more or less satisfactory, with no big bang reforms. 

However, that does not mean that the NDA government would not continue with policy reforms--the announcements can come up at any time. Some sectors like Ferro-alloys, Steel, Shipping, Mining, etc, could shine in the coming days. 

Also, the Finance Minister announced to increase export duty on bauxite from 10% to 20%, which is ill conceived and will damage the domestic mining sector. According to RK Sharma, Secretary General, Federation of Indian Mineral Industries, or FIMI: “At present, most of the bauxite that is exported from India comes from Gujarat and Maharashtra. These are not required in India as these are refractory grade bauxite and are not used by the aluminium makers in the country,” he says. “Now, these bauxite reserves will lie around unused". The government should immediately roll back this decision, so that domestic interests are protected. 
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