The UNSC meeting also focussed on the 15th report of the Secretary-General on the threat posed by ISIL (Da'esh) to international peace and security and the range of United Nations efforts in support of member states in countering the threat.
On March 15, France imposed financial sanctions on Azhar.
India hit out at China for its remarks that there was no consensus over the United States' proposal to ban Pathankot attack mastermind and Jaish-e-Mohammed is chief Masood Azhar at the United Nations
India's Permanent Representative to the UN Ambassador T S Tirumurti said India remains on the side of peace.
Implementation of civil nuclear cooperation and ways to expand cooperation in the fields of defence, security and economy will be high on the agenda when Prime Minister Manmohan Singh meets President Barack Obama in Washington next week.
The diplomat made the remarks replying to lawmakers' questions on New Delhi abstaining from several UN vote on Russian aggression against Ukraine.
India has formally approached the United Nations to include Jaish-e-Mohammad chief and Pathankot terror attack mastermind Masood Azhar in the Security Council's sanctions list, strongly emphasising the urgency to take action against him.
The Quad summit to be hosted by India in 2024 is likely to enhance New Delhi's strategic intent.
Sparring over Kashmir at the United Nations General Assembly, India and Pakistan have again exchanged verbal volleys over the issue with the Indian delegate dubbing the remarks of his Pakistani counterpart as "unsolicited comments" that were "factually incorrect".
China was the sole member in the 15-nation UN organ to put a hold on India's application with the rest 14 members of the Council supporting New Delhi's bid to place Azhar on the 1267 sanctions list that would subject him to an assets freeze and travel ban.
"Are they ready to review their decisions? If they do, we can also review our decisions. Review will be on both sides," Qureshi said.
"We need to have further discussion and conversation so that we can have better understanding and can work closely on it. We are ready to do that," said a Chinese official.
India has identified Azhar as the mastermind of the Pathankot terror attack on January 2, 2016.
The Chinese technical hold was set to lapse on Monday, and had China not raised further objection, the resolution designating Azhar as a terrorist could stand passed automatically. The hold has been extended for another six months.
India was the sole abstention while all other 14 members of the Council voted in favour of the resolution that decided that processing or payment of funds, other financial assets, economic resources, and provision of goods and services necessary to ensure the timely delivery of humanitarian assistance are permitted and are not a violation of the asset freezes imposed by the Council or its Sanctions Committee.
Early reform of the United Nations Security Council, terrorism and peacekeeping will be among the main issues that India will pursue during the world body's General Assembly session, Indian ambassador to the UN has said.
Raking up the Kashmir issue at the United Nations, Pakistan repeated its call for Security Council resolutions to be implemented in the state and said fulfilling promise of self-determination to the Kashmiri people is "indispensable" to establishing lasting peace and stability in South Asia.
He said the situation was made difficult for the terrorist organisations as a result Jaish chief Maulana Masood Azhar sent his nephews to carry out terror activities.
Nearly two years after the killing of Al Qaeda chief Osama bin Laden in Pakistan, the United Nations Security Council has deleted his name from its sanctions list. The powerful 15-member council will continue a freeze on bin Laden's assets to prevent them from being used by others for terror activities.
The 15-nation body includes China as a permanent veto-wielding member.
Specially designated global terrorist Sirajuddin Haqqani, who carries a reward of $10 million US bounty on his head, is the acting interior minister while his uncle -- Khalil Haqqani -- has been named as acting minister for refugees.
Top external affairs ministry officials on Monday briefed a parliamentary panel about efforts to bring back Indians stranded in war-hit Ukraine, including plans for 13 evacuation flights in the next two-three days to its neighbouring countries and subsequent increase in the number of daily flights to nine, sources said.
In his opening remarks at the virtual summit of the Shanghai Cooperation Organisation (SCO), Modi also said that some countries use cross-border terrorism as an instrument of their policy and the grouping must not hesitate to criticise them.
The remarks by China's deputy permanent representative to the UN, Geng Shuang, came during an emergency meeting of the Security Council on the situation in Afghanistan on Monday after the sudden and rapid takeover of the Afghanistan government by the Taliban insurgents.
The 13th report of the Analytical Support and Sanctions Monitoring Team cites a UN Member State as saying that Jaish-e-Mohammed (JeM), a Deobandi group ideologically closer to the Taliban "maintains eight training camps in Nangarhar, three of which are directly under Taliban control."
As India commemorates the 7th anniversary of the 2008 Mumbai attacks, UN chief Ban Ki-moon has said that perpetrators of all terror attacks must be brought to justice.
A United Nations Security Council panel has issued a 'revised' letter removing the term 'sahib' from the name of Mumbai terror attack mastermind and JuD chief Hafiz Saeed, saying it regrets the mistake after India objected to the use of the salutation.
China, a veto-wielding member of the UNSC, has blocked the move by India and other member nations three times in the past to designate Azhar.
This is the second time that China has defended the decision to put a technical hold on India's bid to ban Azhar, the mastermind of the January 2 Pathankot terrorist attack.
A change in the name of the Al Qaeda in the Indian Subcontinent (AQIS) magazine 'suggests a refocusing' of the terror group from Afghanistan to Kashmir, a United Nations report has said.
External Affairs Ministry Spokesperson Raveesh Kumar said India has friendly ties with both the countries.
He also said that when it comes to proscribing some terrorists, the United Nations Security Council (UNSC) has 'regrettably' been unable to act in some cases because of 'political considerations'.
US Secretary of State Mike Pompeo says China 'protects' violent Islamic terror groups from UN sanctions.
The top diplomats of Quad nations on Friday denounced as "inadmissible" any use or threat of use of nuclear weapons in the Ukraine war and strongly opposed any "unilateral actions" that seek to change the status quo in the South and East China Seas, a region that has witnessed increasing Chinese military offensive.
China said it took the decision after it found no objection to the listing proposal by the United States, the United Kingdom and France following a careful study of the revised materials
The United Nations Security Council, under India's presidency, has imposed global sanctions against the dreaded Pakistan-based Haqqani militant network and the group's chief of suicide operations.
The Russians had appealed their exclusion from the Games by the International Olympic Committee (IOC) over the doping scandal from the 2014 Sochi Games.
Asked whether India offered something to China for Azhar's listing, he asserted that India doesn't negotiate on matters related to national security. "Our objective was to ensure designation of Masood Azhar as global terrorist," he said.
The report came amid speculation on social media that JeM founder has died.