Boston Indian Community - BostonIndian.net
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Historical Event on 8/25/1997

Cabinet approved the draft of the Foreign Exchange Management Act (FEMA) which was to replace the Foreign Exchange Regulation Act (FERA).

Other Historical Dates and Events
1/4/1999Karnataka's Farah Khan made it three-in-a-row in the National ladies billiards championship in Delhi.
10/27/1992Veerappa Moily, Minister of Parliamentary Affairs, resigned from Bangarappa Government in Karnataka.
5/27/1999IAF loses two fighter aircrafts in the Kargil area. Pakistan claims it has Flight Lieutenant Nachiketa in its custody.
2/28/1998The third and final phase of polling is held in 131 Lok Sabha constituencies in 10 States and one Union Territory.
9/24/1992Karnataka High Court stays government order granting permission to open nine private engineering colleges.
2/24/1786Charles Cornwallis appointed Governor-General of India.
2/9/1994Supreme Court sets aside disqualification (under anti-defection law in 1991) of former Goa CM Ravi Naik.
7/3/1979Construction of the main second Howrah Bridge (Vidyasagar Setu) started.
8/1/1882Purushottamdas Tandon, great leader and editor, was born at Allahabad (U.P.).
12/7/1825First Steam Engine Ship ""Enterprise"" reached Calcutta.