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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 |
| 8/4/1923 | Nagpur University started working. |
| 12/17/1959 | Pattabhi Sitaramayya, president of Indian National Congress and politician, died at the age of 78. |
| 10/28/1928 | M.G.K. Menon, Physics expert, was born. |
| 12/25/1994 | Giani Zail Singh, former President of India, died in Chandigarh at the age of 78. |
| 11/20/1917 | J.C. Bose Research Institute was established in Calcutta. |
| 6/2/1984 | Army takes control in Punjab as 22 people are killed in Sikh struggle for autonomy. The state is declared a restricted area under the Foreigners' Act. |
| 12/16/1770 | Ludwig Van Beethoven, greatest musician, poet and innovator, was born. |
| 5/1/1981 | Sindhudurga district was formed in Maharashtra State. |
| 1/31/1995 | ISRO and Intelsat sign a $100 m 10-year-long agreement for leasing some of the capacity of the Indian-built INSAT-2E (scheduled for launch in 1997). |
| 12/5/1931 | Jayant G. Nadkarni, former Admiral of Indian Navy, was born. |
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