Veto Power
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In a veiled dig at China, India slams UNSC members for wielding veto power to block designation of terrorists
•India on Tuesday criticised the UN Security Council's veto-wielding members for obstructing the designation of terrorists without giving any explanation, apparently hitting out at China for repeatedly blocking its bid to list Pakistan-based Masood Azhar as a global terrorist.
Nikki Haley says US is open to ideas on expanding United Nations security council
•The US is in favour of reforming the UN Security Council as long as they do not take away its veto, US ambassador to the United Nations Nikki Haley has said
India says there is no change in its position on UN reforms process
•India said on Thursday there is no change in the government's position on the UN reforms process.
Draft financial code: RBI governor may be striped off veto power in rate decision
Fp Staff •Currently, the RBI Governor consults a Technical Advisory Committee, but does not necessarily go by the majority opinion while announcing monetary policy stance