UPDATE: This post stands stands WITHDRAWN in light of the clarification issued by Cambridge University that Rahul's MPhil degree is valid and was indeed issued in 1994-95.
The New Indian Express which I had quoted continues to stand by its report. But I am satisfied by the clarification and no longer find the points raised in the post to be relevant.
Accordingly I see no point in retaining the post online. However, I have left the comments untouched :)