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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
6/22/1993	Ordinance to amend Consumer Act was issued; Government doctors and hospitals were kept out of its ambit.
6/18/1974	Govinddas Seth, Hindi litterateur and politician, died.
1/3/1997	Olympian Jaspal Rana sets new national mark in junior men's sports pistol 25 metres in National Shooting in Asansol.
10/2/1986	Rajiv Gandhi survives assassination attempt made by Sikh extremists at Raj Ghat.
6/4/1926	Dalai Lama introduces a tax on ears for Tibetans to equip the army. Those with only one ear will pay half the tax.
10/24/1868	Balasaheb Pantpratinidhi, king of Aundh and painter, was born.
11/14/1998	Prominent Indian Government and private entities are targeted in the Clinton Administration Entities List. American Companies are barred from trading with the listed companies.
7/15/1997	Mahesh Chander Mehta, Environmental activist, wins Ramon Magsaysay Award.
6/8/1999	ATP announced Paes-Bhupathi as No. 1 ranked doubles team. In individual doubles ranking, Bhupathi and Paes were No. 1 and 2 respectively.
12/25/1926	Dharmavir Bharti, journalist and editor of Dharmyug, was born. His famous books are ""Gunahon Ka Devta"" and ""Suraj Ka Satwa Ghoda"".

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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.