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Historical Event on 5/14/1994
RBI announces tight monetary policy.
| Other Historical Dates and Events |
| 12/7/1995 | Indian National Satellite (INSAT-2C), third indigenous satellite in the INSAT-2 series, launched. This has additional capabilities such as mobile satellite service, business communication and television outreach beyond Indian boundaries. This is still in service. It was launched by Ariane launch vehicle at French Guyana. |
| 7/27/1947 | Princes were appealed to regard people's paramountcy as a privilege. |
| 2/23/1993 | Noted Hindi poet Naresh Mehta wins Gyanpith Award. |
| 9/21/1933 | Annie Besant, great social worker and founder of Home Rule Movement, passed away. |
| 8/7/1888 | Navalram (Navalram Laxmiram Pandya), literature critic and versatile Gujarati author, died. |
| 2/28/1997 | Finance Minister P. Chidambaram presents an action-packed budget for 1997-98. |
| 3/9/1993 | AIADMK severs alliance with the Congress in Tamil Nadu. |
| 12/25/1880 | Dr. Mukhtar Ahmed Ansari, a nationalist Muslim leader, politician and journalist, was born at Yusufpur in Uttar Pradesh. |
| 3/30/1994 | G-15 summit in New Delhi decides to set up a trade panel. |
| 1/1/1978 | Samrat (Emperor) Ashoka, Air India's first Jumbo-Jet Boeing 747, after explosion falls into Arabian Sea, killing 213 people. Nobody survived. |
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