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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 |
| 1/22/1990 | FIR registered in Bofors kickbacks case. |
| 6/28/1921 | Sahityaratna P. V. Narsingh Rao, former Prime Minister of India, was born. |
| 8/3/1998 | India's most sophisticated medium range surface-to-air missile ''Akash'' was test-fired from the interim test range at Chandipur-on-sea. |
| 3/4/1858 | J. P. Walker, British Officer, along with 200 prisoners who were mainly from the Indian Sepoy Mutiny, sailed from Calcutta to start a new settlement in the Andaman Islands. |
| 1/25/1950 | The post of the Governor General of India was abolished. |
| 1/19/1992 | Manvendra Mukherji, famous singer and music director, passed away. |
| 1/17/1941 | Subhashchandra Bose went underground at Calcutta. He appeared in Moscow after sone days. |
| 1/18/1990 | Farooq Abdullah, J&K CM, quits. |
| 1/19/1855 | G. Subramaniam Iyer, active worker of Indian National Congress since its establishment, was born. |
| 8/28/1928 | Mambillikalathil Govind Kumar Menon, noted physicist and scientific advisor to the Prime Minister, was born at Mangalore in Karnataka. |
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