The New Development Bank issued a Chinese yuan 7 billion bond (about USD 1.04 billion) in the China Interbank Bond Market with a 3-year maturity period.
Election Commissioner Rajiv Kumar has been appointed as the new Chief Election Commissioner by the President of India. He will take charge of the office.
Every year during May 8-9, the United Nations marks the Time of Remembrance and reconciliation for those who lost their lives during the Second World War.
Rajiv Ranjan has been appointed as the ex-officio member of the Monetary Policy Committee (MPC) by the Central Board of Directors of the Reserve Bank of India (RBI).