Los Angeles Indian Community - LAIndian.com
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Historical Event on 8/25/1997

Cabinet approved the draft of the Foreign Exchange Management Act (FEMA) which was to replace the Foreign Exchange Regulation Act (FERA).

Other Historical Dates and Events
9/20/1878Hindu"", an English weekly in Madras with G. S. Aiyer as its Editor, was first published with only 80 copies.
10/16/1999A woman is elected as the Speaker of the Sikkim Assembly.
5/8/1971Mohinder Singh Gill at Fresno sets record for TJ in 16.79.
7/16/1931C. T. Studd, 69, died. He was an English missionary, one of the 'Cambridge Seven,' who worked on the mission field in China, India and Central Africa.
3/19/1939Abbas Ali Baig, cricketer (Indian bat 112 on debut v England 1959), was born in Hyderabad.
4/29/1639Delhi's Red fort construction commenced by laying the Foundation Stone by Shah Jahan. This fort was completed on May 13, 1646.
11/8/1893Dwaram Venkataswamy Naidu, great musician and professor, was born in Bangalore.
11/12/1896Salim Moizuddin Abdul Ali, explorer, ecologist, teacher, writer and bird watcher, was born.
9/30/1922Bakhshish Singh Nijjar, great historian and author, was born at Domeli village (Punjab).
7/23/1996R. Bhattacharji was appointed as the Narcotics Commissioner of India. He is heading this office till date.