Bank of Bombay was established.
Ardeshir Burjorji Sorabji Godrej was born. He was a businessman who co-founded the Godrej Brothers Company, the precursor of the Godrej Group of companies.
August 18 - The element later named as helium was first detected in the spectrum of the Sun's chromosphere by French astronomer Jules Janssen during a total eclipse in Guntur, Andhra Pradesh, but assumed to be sodium.
February 18 - Sanatan Dharma Dhurandar Acharya Maharaj Shree 1008 Ayodyaprasadji Maharaj passed away. He was the first Acharya of the NarNarayan Dev Gadi of the Swaminarayan Sampraday.