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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
1/26/1931	Gandhiji was unconditionally released from prison.
6/6/1994	The 20-day old Limboo Ministry in Sikkim wins vote of confidence.
7/1/1821	Daily newspaper 'Mumbai Samachar' was published.
10/26/1999	India is re-elected to United Nations Environment Programme (UNEP).
4/6/1997	Gen. Kofi Annan,UN Secretary, arrives in New Delhi for NAM conference.
3/17/1967	4th Parliament (Lok Sabha) was formed.
9/7/1931	The Second Round Table conference began in London and lasted till 1st December, 1931. Congress was solely represented by Gandhi and Muslim League by Sir Allama Iqbal and Quaid-e-Azam. Two committees were set up to carry out the work of the conference on Federal Structure and Minorities. Gandhi was the member of both the committees. He claimed that being the sole representative of the Congress, he represented the whole of India. Quaid-e-Azam replied that Muslims are a separate nation. Sir Shafi demanded that the 14 points of Quaid-e-Azam be incorporated in the future constitution.
6/6/1997	New economic grouping BIST-EC (Bangladesh-India-Sri Lanka-Thailand Economic Cooperation forum) comes into being.
12/14/1864	Jagat Narayan, law expert and educationist, was born.
12/23/1954	Tito, Nehru reject plan for neutral third bloc, yet insist on peaceful co-existence.

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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.