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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 |
| 8/12/1928 | The Olympic Games hosted by Amsterdam fully realized Pierre de Coubertin's vision: 'the nations of the world in friendly competition'. After a succession of Olympics dominated by North America and Western Europe, Amsterdam welcomed more than 3,000 competitors. |
| 6/1/1944 | Liladhar Jagudi, well known Hindi poet, passed away. |
| 3/24/1987 | First developmental launch of new generation rocket ASLV 'Stretched Rohini Satellite Series' (SROSS-1). This carried payload for launch vehicle performance monitoring and for gamma ray astronomy. This plunged within two minutes and 40 seconds of its launching. |
| 7/15/1788 | Ghulam Kadir, the infamous son of Jabita Khan, conquered Delhi. |
| 7/5/1946 | Ram Vilas Jamun Paswan was born in Shaharbanni, Distt. Khagaria (Bihar). |
| 1/9/1935 | Savita Jajodiya, famous Marathi writer, was born. |
| 1/29/1953 | Indian National Academy of Dance, Drama and Music inaugurated. |
| 7/8/1999 | The bodies of 12 soldiers, who martyred in Kargil battle, were brought to New Delhi. So far 321 soldiers were killed and 476 wounded in operation Vijay. |
| 12/28/1977 | Sumitranandan Pant, famous Hindi poet and literaeur, died. |
| 8/19/1947 | Vinayak Damodar Karnataki (Master Vinayak), famous Marathi actor, director and producer, died. |
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