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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 |
| 1/14/1989 | 'Poorna Kumbh', India's largest religious gathering held once in 12 years, begins at Allahabad. |
| 3/21/1957 | India's national calender came into force. |
| 10/1/1886 | Baluchisthan became a part of India. |
| 9/3/1767 | Colonel Smith was defeated in the battle of Changama that took place between the combined forces of Nizam and Hyder Ali and the British army. This was the first war of Mysore. The British concluded a humiliating peace with Hyder Ali of Mysore. |
| 3/16/1902 | A. Appadorai, educationist and author, was born at Angadipuram, Kerala. |
| 6/9/1957 | General Election ( 2nd) of India ends. |
| 4/16/1976 | The govt. announces its new birth-control program to curb population growth. |
| 6/18/1918 | A. R. Rajrajvarma, famous poet of Malayalam language, critic and master of grammer, passed away. |
| 3/13/1992 | Indumati Ramkrishna Shevde, famous writer, critic and painter, passed away. |
| 5/2/1953 | 40 persons were reported losing their lives today in the first crash of a jet airliner in commercial service. The jetliner, a British-built Comet, plunged to earth in a violent storm just a few minutes after taking off from Calcutta. It was carrying a party of rubber and tin operators from Malaya to England. There were no survivors. Two Comets have crashed before, one last October and one in March, but neither was carrying passengers. |
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