No 'cognisable offence' against Rahul Gandhi for remarks against PM Modi: police tells court
New Delhi: The Delhi Police Wednesday told a city court that no "cognisable offence" was made out against Congress President Rahul Gandhi on a complaint against him for allegedly making derogatory remarks against Prime Minister Narendra Modi in 2016.
In an action taken report filed before Additional Chief Metropolitan Magistrate Samar Vishal, the police said Gandhi allegedly made the defamatory statement against the Prime Minister for which a suit may be filed.
It told the court that "no police action was made out".
"As per the contents of the complaint no cognisable offence is made out. Rahul Gandhi made the defamatory statement against PM Narendra Modi for which a defamatory suit may be filed by the individual against whom the statement was made," the police said in the action taken report (ATR).
The court had on April 26 directed the police to file an ATR on a plea seeking registration of FIR against the Congress President.
The complaint, filed by advocate Joginder Tuli, has sought direction to the police to register an FIR against Gandhi for allegedly making derogatory remarks in 2016 against PM Modi, accusing him of hiding behind the blood of soldiers and cashing in on their sacrifice.
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Gold, silver soar as US-Iran deal hopes lift bullion demand
New Delhi (PTI): Gold prices rebounded by Rs 2,900 to Rs 1.55 lakh per 10 grams in the national capital on Wednesday, while silver climbed to Rs 2.54 lakh per kilogram as easing geopolitical tensions triggered a pullback in oil rates, boosting demand for precious metals.
According to the All India Sarafa Association, the yellow metal of 99.9 per cent purity jumped by Rs 2,900, or nearly 2 per cent, to Rs 1,55,400 per 10 grams (inclusive of all taxes) from Tuesday's closing level of Rs 1,52,500 per 10 grams.
Traders attributed the surge in bullion prices to reports that Washington and Tehran are close to finalising a framework agreement to end months of conflict, raising the prospects of smoother flows through the Strait of Hormuz and easing inflation concerns tied to energy markets.
"Gold rallied strongly on Wednesday as easing geopolitical tensions triggered a sharp reversal in key macro drivers that had recently pressured precious metals," Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said.
Silver prices also advanced for the third straight session by rising Rs 3,500, or 1.4 per cent, to Rs 2,54,500 per kg (inclusive of all taxes). The metal had settled at Rs 2,51,000 per kg in the previous session, as per the Association.
"The prospect of a diplomatic breakthrough triggered a steep decline in oil prices and the US dollar, easing concerns about inflation while boosting demand for precious metals," Gandhi said.
Globally, spot gold increased by USD 106.15, or 2.33 per cent, to USD 4,663.70 per ounce while silver gained USD 3.40, or 4.68 per cent, to USD 76.24 per ounce.
"Gold witnessed a sharp rally as markets reacted positively to reports that the US and Iran are moving closer to a one-page agreement framework aimed at ending the conflict," Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities, said.
Despite strong international gains, rupee strength limited the upside in domestic gold prices. The market is now highly focused on final confirmation and execution of the proposed deal, he added.
Any negative surprise or breakdown in negotiations could trigger a sharp sell-off in gold, while a successful agreement and sustained ceasefire could push the bullion prices higher in the near-term, Trivedi said.
