Try GOLD - Free
Top Court Acquits Man After 27 Years Over Lack of Proof
Hindustan Times Rajasthan
|February 28, 2025
SC Said CBI Failed to Prove That the Property in Possession of Accused Was Stolen, and the Person Had Knowledge That It Was Stolen
NEW DELHI: More than 27 years after a ₹6.7 crore fraud case involving Vijaya Bank was investigated by the Central Bureau of Investigation (CBI), the Supreme Court held the entire probe to be based on suspicion rather than proof. The court acquitted the lone remaining accused in the crime, jeweller Nandkumar Babulal Soni, and directed the return of 205 gold bars seized from him.
CBI alleged that the gold bars were received from the company that had opened the fraudulent bank account.
According to data from the World Gold Council, the annual average price of gold in India has increased by 16.6 times between 1997 and 2024. It was ₹12,006.1 per troy ounce (31.1 gram) in 1996 and ₹1,99,686.3 in 2024.
This story is from the February 28, 2025 edition of Hindustan Times Rajasthan.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Hindustan Times Rajasthan
Hindustan Times Rajasthan
Crossing a red line in Caracas
The Trump regime may have signalled the death of the West's rules-based order by acting against Venezuela
2 mins
January 05, 2026
Hindustan Times Rajasthan
The corrupted software of international relations
If you want to understand why the US attacked Venezuela late last week and captured its president, Nicholas Maduro, and took him to New York to try him under American domestic law, there is no point in consulting a book on international law or the UN charter.
4 mins
January 05, 2026
Hindustan Times Rajasthan
India ‘deeply concerned’, calls for dialogue
India on Sunday expressed “deep concern” at US attacks on Venezuela and the capture of President Nicolas Maduro by American forces and called on all parties to peacefully address issues through dialogue to ensure stability in the region.
1 min
January 05, 2026
Hindustan Times Rajasthan
Budget may offer funds for pulses, cotton R&D
The government may announce a dedicated research and development (R&D) corpus for pulses and cotton in the Union budget for FY27, as it looks to address India’s persistent yield gaps, two government officials aware of the discussions said.
1 mins
January 05, 2026
Hindustan Times Rajasthan
In 2026, the signs of a deeply divided world
Have you seen the pictures of handcuffed Venezuelan President Nicholas Maduro, seized by American forces?
3 mins
January 05, 2026
Hindustan Times Rajasthan
The message in the story of Somnath
The history of the shrine in the last 1,000 years is a tale of unbroken faith and civilisational regeneration
5 mins
January 05, 2026
Hindustan Times Rajasthan
US to run Venezuela, Trump says after Maduro captured
Venezuela's toppled leader Nicolas Maduro was ina New York detention center on Sunday awaiting drug charges after President Donald Trump ordered an audacious raid to capture him, saying the U.S. would take control of the oil-producing nation.
1 min
January 05, 2026
Hindustan Times Rajasthan
106 more planes this yr to boost civil aviation
India will add 106 aircraft to its current fleet of 843 in 2026, civil aviation minister Ram Mohan Naidu said on Sunday.
1 min
January 05, 2026
Hindustan Times Rajasthan
Centre weighs cheaper loans for pvt e-buses
As private electric bus operators struggle to secure affordable credit, the government is working on a new financing scheme to lower their borrowing costs by routing funds through the Small Industries Development Bank of India (SIDBI) and the National Bank for Agriculture and Rural Devel- ’opment (NABARD), according to two government officials aware of the development.
2 mins
January 05, 2026
Hindustan Times Rajasthan
India expresses ‘deep concern’ over US attacks on Venezuela
India on Sunday expressed “deep concern” at US attacks on Venezuela and the capture of President Nicolas ‘Maduro by American forces and called on all parties to peacefully address issues through dialogue to ensure stability in the region.
2 mins
January 05, 2026
Listen
Translate
Change font size