Dallas Indian Community - DallasIndian.net
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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
3/10/1985India beat Pakistan to win ""World Championship of Cricket"". Ravi Shastri is declared champion of champions and Sunil Gavaskar steps down from the captaincy.
11/5/2000The Interpol issues a ""look-out'' notice for the five persons and two of their accomplices, who hijacked an Indian Airlines plane in December 1999
9/30/1999India successfully test-fired its multi-target surface-to-air missile 'Akash'.
12/21/1903Bhalchandra Digambar Garware, famous industrailist, was born.
12/31/1706Francois Martin, founder of Pondicherry and was its first Governor General, died. He founded Pondicherry, the future capital of French India in 1674.
12/4/1997World Bank commits to Haryana a loan of $600 millions (about Rs. 2,350 crores) - largest single bank loan to any State.
8/25/1917The first significant step towards the Indianization of the Army was initiated when seven selected Indians, serving in the Army, were granted King's Commission in the Infantry and the Cavalry. Before the World War ended, two more Indians, who previously held temporary commissions, were granted King's Commission.
7/3/1997Tamil actor Sivaji Ganesan gets 1996 Dada Saheb Phalke award for outstanding contribution to Indian cinema.
4/12/1912Kirpal Singh Narang, social reformer and educationist, was born at Amritsar (Punjab).
11/2/1897Sohrab Meharwanji Modi, theatre and film producer, director and actor, was born.