Baba Siddique murder: Killers used youtube for shooting practice, says Mumbai Police
Mumbai: Mumbai Police have arrested four individuals in connection with the murder of former Maharashtra minister and NCP leader Baba Siddique, with three suspects still on the run. The accused, Gurmail Singh and Dharamraj Kashyap, allegedly learned to shoot by watching YouTube videos, according to reports from ANI.
The police revealed that the suspects had conducted surveillance of Siddique's residence and office 25 days prior to the incident. Gurmail Singh and Dharamraj Kashyap reportedly practised shooting in Mumbai without a magazine, having studied shooting techniques online. A black bag containing a 7.62 mm gun was recovered as part of the investigation.
The fourth suspect, Harishkumar Balakram, a 23-year-old scrap dealer from Bahraich, Uttar Pradesh, was apprehended for allegedly providing financial support and coordinating logistics for the murder. Balakram's shop in Pune employed two of the suspects, Dharmaraj and Shivprasad Gautam, who are still at large.
Baba Siddique, 66, was shot dead outside his MLA son Zeeshan Siddique’s office in the Nirmal Nagar area of Mumbai on Saturday night. Despite being rushed to Lilavati Hospital, he was declared dead on arrival. The assailants are suspected to be associated with the Bishnoi gang, whose leader Lawrence Bishnoi is currently in Gujarat’s Sabarmati Jail.
Mumbai Police’s Crime Branch is leading the investigation and has recorded statements from over 15 individuals, including eyewitnesses present at the scene of the murder.
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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.
