Boston Indian Community - BostonIndian.net
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Historical Event on 10/29/1997

P. Chidambaram, Finance Minister, says Indian rupee will be made fully and freely convertible by year 2000.

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.
9/4/19676.5 earthquake at Koyna Dam in Maharashtra kills 200 people.
7/26/1975Anti-government demonstrations held in Gujarat, defying the emergency law prohibiting such demonstrations.
2/28/1928C. V. Raman invented 'Raman Effect' of scattered light, which led him in achieving the 'Nobel Prize'.
3/27/1898Syed Ahmad Khan, great social reformer, educationist, journalist, leader and one of the most eminent builders of Modern India, passed away at Aligarh.
3/27/1898Amir Timur left Delhi. He took the title 'Emperor of India' and recrossed the Indus on March 11.
1/19/1982Bombay High Court finds allegations against Chief Minister A. R. Antulay justified. Antulay resigns.
7/12/200067 persons died in a landslide triggered by torrential rains in Ghatkopar, a Mumbai suburb.
9/25/1997BAI-IBC dispute resolved.
8/16/1886Swami Ramakrishna Paramahamsa dies at the age of 50. His real name was Gadadhar Ghatterji. An Indian mystic, leader and saint, he preached unity of religions. Swami Vivekanand was his disciple.