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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 |
| 2/16/1992 | Abbas Musawi, leader of Hezbollah, assassinated. |
| 12/12/1872 | Balkrishna Shivram Munje, freedom fighting leader and president of Hindu Mahasabha, was born. |
| 9/18/1925 | Pranlal Harkisandas Vora, leader in Maharashtra, was born. |
| 3/30/1990 | Constitution (64th) Amendment Bill to extend President's rule in Punjab collapses in Lok Sabha. |
| 1/7/1761 | Third Battle of Panipat: Ahmed Shah Abdali, the ruler of Afghanistan, defeats the Marathas; Maratha imperialism checked. |
| 10/15/1996 | H.D. Deve Gowda, Prime Minister, launched the concluding ceremony of the 85th year of ICMR at Vigyan Bhavan, New Delhi. He also gave away the ICMR Prizes and Awards (1994-95) to outstanding bio-medical scientists of India. |
| 1/22/1666 | Shahjahan (Sjihab Al-Din Sultan C Shah D Jahan), great Mughal emperor, died at the Agra fort as a prisoner, to rest besides Mumtaz in Taj Mahal. Jahanara arranged that Sahjahan be laid. |
| 12/17/1715 | Banda Bahadur Bairagi surrendered at Gurdaspur of Farrukhsiyar to the Mughal army. |
| 5/13/1962 | Bharat Ratna, India's highest award, was given to Dr. Rajendra Prasad (1884-1963). |
| 5/2/1953 | Declaration by the PM that India was opposed to joining any power-block in the event of another war. |
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