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Historical Event on 1/18/1997
Khanna Committee recommends more power to RBI over non-banking financial companies.
| Other Historical Dates and Events |
| 11/24/1948 | Ashok Gandotra, cricketer (Two Tests for India 1969), was born in Rio de Janeiro, Brazil. |
| 12/10/1990 | The communal disturbances between Hindus and Muslims in Hyderabad claim more than 100 lives, and violence spreads to Aligarh and Kanpur also. |
| 2/28/1997 | Finance Minister P. Chidambaram presents an action-packed budget for 1997-98. |
| 11/22/1971 | Indian and Pakistan governments protested violations of national airspace along the western border, but aerial conflict between the respective air arms began, preceding full-scale warfare between India and Pakistan by 12 days. |
| 9/1/1989 | Yasser Arafat chosen for the 1988 Jawaharlal Nehru Award for International Understanding. |
| 9/9/1920 | Anglo Oriental College of Aligargh became Aligarh Muslim University. It was the first university to use the regional language. |
| 4/17/1952 | First Lok Sabha was formed. Ananthasaynam Ayyangar, was elected as the first Deputy speaker of Lok Sabha (1952). |
| 3/28/1943 | S. Satyamurti, social reformer, politician and member of legislative council at Madras, died. He was born in Tirumayyam village in August 19, 1887. |
| 5/7/1993 | Jankiraman panel's final report finds that an additional aggregate of Rs. 12,85,549 crore was transacted in banks without any documentation; it indicts 12 more banks for involving in the scam. |
| 4/10/1996 | The marketing of Salman Rushdie's novel 'The Moor's Last Sigh' in India was cleared by the Central govt. |
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