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GFMS CEO Paul Walker has predicted Gold price to touch $700 per ounce by the end of year. The reason behind this is weak outlook for the US dollar and sub-prime worries in United States. Mr. Walker further stated “The sub-prime issue is just the tip of the iceberg. It is symptomatic of a larger malaise in the system.” He was in Mumbai for fourth India International Gold Convention.

A.M. Naik, Chairman & Managing Director of India’s largest engineering power station Larsen & Toubro is not satisfied with hefty orders coming in from the infrastructure and energy segments.

Now, Mr. Naik aspires to build up a big earning stream for the company (L&T) that will foray into SEZ (special economic zone) development for the first time.

Over 1.5 million U.S. youngsters have undiagnosed high blood pressure, says a study published in the Journal of the American Medical Association Wednesday, Aug. 22.

The study, chaired by Dr. David Kaelber of Case Western Reserve University in Cleveland and Harvard Medical School, revealed that three quarters of the 2 million U.S. youngsters who are estimated to have high blood pressure don't realized the problem. This leaves them at risk for developing organ damage in their future life.

Washington: The United States enounced it would carry on a methodical investigation with Britain into the situation under which three British NATO military personnel were killed in a friendly fire event in Afghanistan.

Kurt Volker, the principal deputy assistant secretary of state for European and Eurasian Affairs said, “The United States is deeply saddened by the death of three British soldiers in Afghanistan and the wounding of two others in a friendly fire incident involving ordinance dropped by a US aircraft.”