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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
1/20/1993	Karnataka ministry expanded to include 27 more members; S.M. Krishna made Dy. CM.
2/18/1905	Shyamji Krishna Varma established India House in London to help Indians visiting England. He also established the Indian Home Rule society, which helped him to raise his voice against British Domination in India.
12/27/1990	Central Govt. introduces fresh direct tax proposals to raise additional Rs. 810 crore by raising income tax and fixing limits for deduction of depreciation.
11/13/1935	Chandra Prakash Gupta, great educationist, was born at Gaini in UP.
9/20/1998	A. B. Bardhan is re-elected CPI general secretary.
10/6/1913	V. R. Kant, famous poet, was born.
1/31/1969	Saint Meherbaba passed away.
6/1/1964	Nava Paisa, established in 1947, was renamed as 'Paisa'.
10/5/1993	Geet Sethi retained World Billiards title by beating Mike Russel.
7/11/1832	British Parliament finally rejected to remove the appeal of Hindus puritans against Sutee abolition, as demanded by tradional orthodox Indians.

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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.