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Historical Event on 1/8/1993

FERA restrictions removed, resident Indians allowed to keep as much as $500.

Other Historical Dates and Events
12/10/1985A. M. Prasad was appointed as the Narcotics Commissioner of India. He headed this office till 30-04-1987.
4/22/2000Bhaktavar Lentin (72), former Judge of the Bombay High Court, died after a prolonged illness at his residence in Mumbai.
12/24/1993Khanprabha Bhaduri, famous Bengali poet and writer, died.
3/31/1986Bombay Telephone Nigam renamed as Mahanagar Telephone Nigam.
3/26/1999Indian Airlines regained the National hockey men's title in Hyderabad.
3/11/1999Indian Davis Cup player and Asian Games gold medallist Gaurav Natekar announced in Mumbai his retirement from competitive tennis.
7/8/1958Lord Canning declared that since peace was established, it is better known as end of Indian Mutiny, 1857.
10/19/1967Dr. C. V. Raman elucidated his new theory on wave motion in respect to vision and dim light.
11/16/1713Chhatrapati Shahu appointed Balaji Vishwanath, a very remarkable man in Maratha history, as 'Peshwa'.
9/26/1923Dev Anand, film producer, director and actor, was born.