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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 |
| 7/7/1948 | Damodar Valley Corporation, first public corporation, was established. |
| 3/3/1931 | Gandhi and Viceroy Irwin sign Delhi Pact giving Indians right to make salt if civil disobedience stops. |
| 12/27/1976 | The Kangla Tongbi war memorial built for 221 members who laid down their lives to repulsed several waves of Japanese attacks. Advance Base Depot is shifted to Jabalpur. The original memorial was erected on 15 April 1946 from local stone and the main epitaph displayed above is of black Naga stone. |
| 1/12/2000 | T. S. Krishna Murthy is appointed Election Commissioner in place of G.V.G. Krishnamoorthy who retired. |
| 10/10/1978 | Rohini Khadilkar, fifteen years old, became the first woman to win the national chess championship. Presently, she is the editor of a leading Marathi newspaper of Mumbai 'Nava Kaal'. |
| 1/15/1898 | Nanasaheb Ramji Tawde, educationist and scientist, was born at Taluq Malvan, Maharashtra. |
| 10/19/1925 | B. Shankaranand, former central minister, was born. |
| 4/5/1919 | India's first modern shipping company Scindia Steam Navigation's first ship 'Liberty' started its journey. The weight of the ship was 5,940 tonnes. |
| 6/5/1882 | Cyclonic Storm & floods in Arabian Sea hit Bombay. About 100,000 people drowned. |
| 1/15/1998 | Binda Prasad Kashyap, 73, CPI leader, passed away in Nagpur. |
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