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Historical Event on 7/16/1997

Kamal Hassan gets best actor award for ''Indian'' while Tabu bags best actress award for ''Maachis''.

Other Historical Dates and Events
10/21/1997RBI de-regulates deposit rates, reduces CRR and Bank Rate (from 10\% to 9) and allows banks to have two sets of Prime Lending Rates.
4/23/1795East India Company gave Warren Hastings a grant of the money and he was honourably acquitted of the charges.
7/3/1979Construction of the main second Howrah Bridge (Vidyasagar Setu) started.
1/2/1994Landslide win for GNLF in the Darjeeling Gorkha Hill Council elections.
2/21/1992Congress scores nearly three-fourth majority in Punjab Assembly elections.
10/6/1969Bruna Coutinho, Indian Soccer(Football) player, was born in Calangute, Goa. He was recognised as Indian Player of the Year in 1996.
6/12/1997Jain hawala case dropped against former ministers Kamal Nath, B.D. Dhakne, Chand Ram and Bhuta Singh.
3/15/1983Farukh Abdul Latif, great politician and journalist, was born.
10/15/1932First Indian commercial airliner service 'Tata Sons Ltd' started. (Tata Airlines)
5/22/1989IRBM 'Agni' Missile launched successfully from Chandipur, Orissa.