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Historical Event on 7/18/1996
Union Finance Ministry gives final clearance to the Enron power project in terms of issuance of counter-guarantee.
| Other Historical Dates and Events |
| 7/18/1996 | 24 merchants gathered in London's Founder Hall under the auspices of Lord Mayor to start a new company with a share captial in India. |
| 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. |
| 6/19/1997 | Indian Prime Minister and his Pakistani counterpart Nawaz Sharif, spoke for first time on restored hotline, to reiterate their committment to comprehensive dialogue, including Kashmir. |
| 1/19/1990 | Mr. Jagmohan takes over the administration in J&K as the new Governor after CM Farukh Abdulla resigns. |
| 8/30/2000 | A. B. Vajpayee, Prime Minister, announced a package for small units raising the ceiling on loans from Rs. 10 lakhs to Rs. 25 lakhs. For the handloom sector, a separate scheme costing Rs. 447 crores was also finalised. |
| 11/30/1858 | Jagdish Chandra Bose, botonist and physics expert, was born at Mymensingh (now in Bangladesh). |
| 1/14/1927 | M. Aram, famous Hindi writer and educationist, was born in Kulasekharapatnam at Madras. |
| 11/13/1953 | Richard Nixon, the US Vice President, arrives in New Delhi. |
| 4/14/1990 | Over 90 persons killed in an Airbus crash in Bangalore. |
| 3/3/1931 | Gandhi and Viceroy Irwin sign Delhi Pact giving Indians right to make salt if civil disobedience stops. |
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