Centre frees from its control nine top public sector undertakings, accounting for over Rs. 10,000 crore profits annually, to become global giants by providing them full financial and operational autonomy. This included newsprint and paper from licensing controls.
Police inquiry said bombs caused Air India jet disaster in New Delhi.
Nanaksingh, famous Punjabi novelist, was born in a Hindu family in village Chak Hamid, Tehsil Dadan Khan, District Jhelum (now in Pakistan).
Alluri Seetaram Raju, freedom fighter, was born in a Kshatriya clan in Andhra Pradesh. He is rememberred as one of the great sons of India in the annals of Indian history who fought valiantly for his motherland in the early period of the freedom movement.
Vishnuprasad Ranchhoddas Trivedi, famous critic in Gujrati, educationist and author, was born at Umreth, Gujarat .
Swami Shivanand Saraswati, religious leader, was born.
Savlaram Ravji Patil (P. Savlaram), film lyrisist and story writer, was born.
Ghulam Ahmed, cricketer (off-spinner in 22 Tests for India in 1950's), was born in Hyderabad.
Mahatma Gandhi sentenced to one year imprisonment.
The Indian Army recaptured Tiger Hill after a 11 hour assault, and hoisted the tricolour atop the 16,500 ft. peak.
Swami Vivekanand (Narendra Vishwanath Dutta), Indian religious leader and social reformer, died at Memorial Rock, KanyaKumari. His brilliant career came to a sudden end only at the age of 39.
British East India Company signed a treaty with the Nizam of Hydrabad and Peshwa of Pune against Tipu Sultan, King of Mysore, on the understanding that a cavalry of 10,000 would attack Tipu's territory and the conquered area would be divided amongst the three.
Over 500 children of Kargil migrants take out a procession to Batalik in a show of solidarity with the Indian army.
Volvo's Environmental Prize went to Prof. Amulya K. N. Reddy of India and three others for their work on ''How the world's energy resources can be made to suffice as the population grows''.
Mumbai High Court directs BMC to reinstate G.R. Khairnar, the iconoclastic Dy. Municipal Commissioner suspended in `94 and removed from service in October 1996.
The trial of the Bihar Chief Minister Rabri Devi and RJD president Laloo Prasad Yadav in the disproportionate assets case begins.
Sunil Gavaskar celebrated his 115th Test in cricket at Edgbaston.
S. Vijayalakshmi won the National women's `A' chess championship with a round to spare in Kozhikode.
Sanskrit made a compulsory subject from sixth to intermediate classes in Uttar Pradesh.
Kanhoji Angre, former Chief of Navy in Maratha kingdom, died.
Meeran, Mir Jaffer's son, accidently died on the banks of Ganga near Patna due to lightning.
Capt. W. A. Sangma appointed Governor of Mizoram and A. A. Rahim Governor of Meghalaya.
Union Deputy Ministers were promoted to the rank of Ministers of State.
Rajan Pillai, business tycoon and biscuit king of India, who was convicted by a Singapore court for multi-million dollar fraud, was arrested in New Delhi.