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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 |
| 5/12/1966 | Sardar Sikandar Hayat, President of Pakistan-occupied Kashmir, resigns. |
| 4/20/1887 | Padmabhushan Jemini Roy, famous painter, was born. |
| 5/8/1971 | Mohinder Singh Gill at Fresno sets record for TJ in 16.79. |
| 5/4/1854 | The first stamp was officially issued from Calcutta where the first modern post office was established. |
| 9/22/1891 | Gangopadhyay Taraknath, famous novelist in Bengal, passed away. |
| 1/8/1965 | Star of India', world's largest sapphire, returned to American Museum of Natural History. |
| 1/8/1965 | Rana Sangram Singh, King of Mewad, attacked on Mughal Emperor Babur near Kanwa at Agra. |
| 3/3/1997 | Bill Gates, Microsoft Chairman, arrives in New Delhi. |
| 8/13/1784 | East India Company was appointed as the centralised Regulatory Authority through India by Pitt's India Act, which was accepted in British Parliament in England. |
| 7/1/1985 | Air Chief Marshal L M Katre, PVSM, AVSM and Bar, died in office. |
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