Seattle Indian Community - DesiEventsOnline.com
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Historical Event on 8/7/1998

The Government announces a banking and foreign exchange package for development of the information technology and software industry following the recommendations of the National Task Force.

Other Historical Dates and Events
4/4/1987Agney, famous Hindi litterateur and Gyanpeeth Award winning poet, passed away.
4/1/1935The Reserve Bank of India was established as a Central Bank and the job of issuing notes was entrusted to this bank. The Commissioner's office which issued currency was abolished and was substituted by the Governer of the RBI. The issue offices scattered around the country came to be called as the regional offices of the Reserve Bank.
6/21/1998India and Russia sign a $2.5-billion deal to set up a nuclear power station at Koodankulam in Tamil Nadu.
8/25/1959Jawaharlal Nehru, Prime Minister, declares in New Delhi that India will defend Bhutan and Sikkim if attacked by China.
12/11/1929Subhash Pandharinath ""Fergie"" Gupte, cricketer (brilliant Indian leg-spinner), was born in Bom
2/11/1981Australia all out for 83 vs India at MCG. They were chasing 143 to win.
6/17/1756Nawab Sira-ud-Daulah attacked on Calcutta with 50,000 soldiers and captured it on June 21.
8/15/1950Indian Constitution goes into effect.
4/10/1996The marketing of Salman Rushdie's novel 'The Moor's Last Sigh' in India was cleared by the Central govt.
2/18/1905Shyamji Krishna Varma established India House in London to help Indians visiting England. He also established the Indian Home Rule society, which helped him to raise his voice against British Domination in India.