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Historical Event on 4/29/1998

The Reserve Bank reduces the bank rate by one point from 10 per cent in its monetary and credit policy for the first half of 1998- 99.

Other Historical Dates and Events
11/9/1993Tamil Nadu Assembly urges the Centre to amend Constitution to retain 69\% reservation for backward classes.
5/28/1996BJP Govt. incapable of assembling a majority after two weeks. A left-wing coalition takes over headed by new prime minister H. D. Deve Gowda, Janata Dal leader and United Front coalition government. He held this office till 12 April 1997.
8/12/1991Parliament passes the Terrorist and Disruptive Activities (prevention) amendment bill.
12/7/1993Lalthanhwala sworn in CM of Mizoram.
7/31/1865Jagannath Sunkersett, great social worker, educationist and sculptor of modern Mumbai, passed away at the age of 62.
6/29/199324 jawans were killed in ambush by NSCN militants in Manipur.
1/30/1996Supreme Court directs CBI and other govt. agencies to speed up the Jain hawala probe.
1/31/1994Milind Desai, 12, the youngest editor in Gujarati journalism, died of leukemia.
9/10/1911Jatin Chakravorty, social reformer, politician and trade unionist, was born at Comilla, Bangladesh.
10/2/1869Mohandas Karamchand Gandhi (Mahatma Gandhi) born to a Bania (trading caste) family at Porbander, Kathiawar. He was the youngest of the three sons of Karamchand alias Kaba Gandhi, Prime Minister successively in Porbunder, Rajkot and Vankaner States, and his fourth wife Putlibai.