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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 |
| 5/22/1989 | IRBM 'Agni' Missile launched successfully from Chandipur, Orissa. |
| 6/18/1996 | CBI arrests Sanjeeva Rao, relative of Narasimha Rao, and Prakash Yadav, son of former Union Minister, in the urea scam. |
| 3/14/1993 | India seeks Interpol's assistance in investigating the sources of bomb blasts in Bombay. |
| 10/16/1994 | IRS P-2 successfully placed in orbit. |
| 4/14/1952 | Three integrated Railway Zones, Northern, North Eastern and Eastern inaugurated. |
| 10/28/1997 | Cabinet permits RBI to issue rupee notes of 1000 denomination. |
| 5/29/1933 | Kishorilal Goswami, famous Hindi novelist, passed away. |
| 9/1/1947 | Indian Standard Time was adopted. |
| 9/1/1947 | Allau'd-din Khalji declared himself as King of Delhi after assissinating Jalal'ud-din Khalji. (19 0r 20). |
| 4/8/1759 | British troops chase French out of Masulipatam, India. |
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