Swedish East India Company was formed. For 15 years King Fredrick of Sweden gave the Company a charter.
Foundation stone was liad of Sir Kawasjee Jahangir Public Hall in Mumbai.
Yashwant Sinha, Finance Minister, announces a one-time settlement of outstanding loans below Rs. 10 crores in a move aimed at ridding the public sector banks of Rs. 51,000 crores of bad loans.
Maninder Singh Harbansingh Billa, cricketer (Indian leftarm spinner in 35 Tests 1982-93), was born in Pune.
Revolutionary leader Udham Singh was hanged for charges of assassinating Micheal Odair, who was the Governor General of Punjab at the time of Jalianwala Baug massacre.
Clive marched to Murshidabad against Nawab Siraj ud-Daulah along with the force comprising of 1800 British and 2000 Indian soldiers with eight canons.
Netaji Subhashchandra Bose started his journey from Germany to Tokyo by a submarine.
Govt. extends for another 2 years the ban imposed on LTTE w.e.f. 14/6/1996 under Unlawful Activities (Prevention) Act, 1967.
The Indian army secures the strategic Tololing peak in the Dras sector.
Firuz Shah captured the throne of Delhi and Sultan Jalal'ud-din Khalji called himself.
Sir Ram Nath Chopra, great professor of Pharmacology of National Drug Research Institute of India, passed away.
60 people were killed in a collision between two suburban trains of Bombay.
Henry C. K. "Clan" Petty-Fitzmaurice, Governor of India (1888-94), passed away at the age of 82.
Purushottam Diwakar Dhavle, famous journalist, passed away.
At least 60 persons were feared killed and several injured in a fire in Uphaar Grand cinema in South Delhi.
India and France sign Bilateral Investment Protection pact.
Ramakrishna Hegde, JD leader and former Karnataka CM, expelled from the party for 6 years by JD president Laloo Prasad Yadav for anti-party activities.
India rejects G-8 prescriptions saying they are ''coercive and intrusive'' and intend to freeze the nuclear weapon capabilities of New Delhi and Islamabad.