The Reserve Bank on Thursday asked Urban Cooperative Banks (UCBs) not to create any honorary position or title such as Chairman Emeritus and Group Chairman at the board level as it results in the creation of a shadow authority.
The Kuril Islands dispute between Japan and Russia is over the sovereignty of the South Kuril Islands. These islands are claimed by Japan but occupied by Russia as the successor state of the Soviet Union.
The Federation of Indian Chambers of Commerce & Industry (FICCI) has estimated India's GDP to grow at 7.4 per cent in the financial year 2022-23 (FY23).