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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 |
| 9/5/1909 | Phiroze Edulji Palia, left-hand batsman and slow spin bowler, was born in Mumbai. He played in India's first Test at Lord's in 1932. |
| 4/20/1989 | President's rule imposed in Karnataka. |
| 6/5/1997 | Prime Minister Gujral went on a 3-day visit to Nepal. |
| 5/30/1826 | The first Hindi newspaper 'Udant Martand' was published from Calcutta under the Editorship of Pandit Shridhar Shukla. |
| 3/27/1989 | Delhi beat Bengal by an innings and 210 to win the Ranji Trophy. |
| 9/17/1956 | Oil and Natural Gas Commission (ONGC ) established. |
| 3/17/1909 | Pandit Ramchandra Narayan Dandekar, educationist and internationally famed Sanskrit scholar, was born at Satara, Maharashtra. |
| 5/24/1993 | India and Uzbekistan sign five pacts. |
| 1/25/1948 | French India Peoples' Convention, Pondicherry, passed a resolution for complete merger of the French India with the Dominion of India. - G. V. Mavlankar was elected the first Speaker of the Indian Parliament. |
| 3/5/1918 | Shriranga Vasudev Sohoni also known as ""Ranga Sohoni"", Indian cricketer (pace bowler of late 40's avg 101), was born in Nimbora, Maharashtra. |
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