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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
3/21/1979	Morarji Desai, PM, inaugurated the Backward Classes Commission in New Delhi.
7/6/1837	Ramkrishna Gopal Bhandarkar, a reputed oriental scholar and famous Indian Scientist, was born in Malvan in Ratnagiri district. He was a social reformer and an active member of Prathana Samaj of Bombay.
12/8/1992	World-wide protest against Ayodhya demolition, temples burnt in Pakistan and Britain; Advani, Joshi, Singhal arrested; Nation observes 'bandh'.
1/6/1976	Baliram Bhagat elected Lok Sabha Speaker.
11/29/1962	Haryana achieved their target of supplying electricity to 100\% villages.
12/26/1904	First cross-country motor car race inaugurated between Dehli and Bombay started its rally. It was organised by Motor Union of Western India.
10/3/1950	India protests U.N. troops' crossing of 38th parallel in New York.
11/13/1999	A woman commits 'sati' in Satpura village in Mohaba district of Uttar Pradesh
11/3/1605	Salim renamed himself as Jahangir and became the king of Agra.
8/15/1998	Golden jubilee celebrations of the Indian Independence ends.

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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.

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.