Gold price

Gold prices continue to crash: No need for Indian investors to worry?

After giving fabulous returns for nearly a decade, gold has done the unthinkable. It has actually declined in the past six months! What has turned this safe avenue into a loss-making investment?
The main reason for gold's short-term weakness is the rise of the dollar due to the economic crisis in Europe. The dollar has also moved up on the hopes that the US economy is emerging from its crises, which could nudge the Federal Reserve to withdraw the stimulus package earlier than expected.



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Report: 8-year-old boy killed in Boston Marathon blasts identifiedCNN

Report: 8-year-old boy killed in Boston Marathon blasts identified CNN

Martin Richard, 8, was killed in an explosion at the Boston Marathon as he waited to give his father a hug at the finishing line of the Boston Marathon in Boston Mass., on Monday.

By Matthew DeLuca, Staff Writer, NBC News

The eight-year-old boy killed in Monday’s bomb blasts at the Boston Marathon has been identified as Martin Richard of Dorchester, Mass.
Richard’s mother, Denise, and his six-year-old sister were reported to have been seriously injured in the explosion that killed three and wounded 144.
The family was at the race to watch the father, William Richard, run, NBC station WHDH reported. A third child was reportedly uninjured.
Friends of the family gathered at Tavolo Restaurant on Monday night in Dorchester, where William Richard is a community leader. Denise Richard worked at the local Neighborhood House Charter School, The Associated Press reported

“They are beloved by this community. They contribute in many ways. That’s why you see this outpouring,” City Councilor at Large Ayanna Pressley told the Boston Globe. “It’s surreal, it’s tragic, it’s incomprehensible. Everyone here tonight is trying to comfort one another and be prayerful.”