Detroit Indian Community - DetroitIndian.net
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Historical Event on 5/14/1994

RBI announces tight monetary policy.

Other Historical Dates and Events
2/24/1961Government of Madras province was renamed as Tamil Nadu.
10/26/1934Akhil Bharatiya Gramin Udyog Sangh (All India Small Scale Industries Association) was founded and inaugrated by Mahatma Gandhi.
1/14/1993The Supreme Court absolves Railway Minister Jaffer Sharief of corruption charges in the wagon deal with Asea Brown Boveri.
6/19/1995India and US officially launch Indo-US Commercial Alliance during US Trade Secretary's visit.
8/15/1979Tukoji Holkar, a leader of Peshwa kingdom, dies.
9/29/1994Cable Television Regulation Ordinance issued.
7/1/1955S. P. Kampani, was appointed as the Narcotics Commissioner of India. He headed this office till 18-07-1957.
10/28/1977Shantiprasad Jain, industrialist, died.
3/13/1989The first straw fired thermal power plant was laid in Jakhari village of Punjab.
9/29/2000Union Minister of State for Agriculture S.B.P.B.K. Satyanarayana Rao quits the from Cabinet.