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The Statesman Bhubaneswar
Jaishankar discusses West Asia situation with Iranian foreign minister Araghchi
External Affairs Minister (EAM) S Jaishankar on Friday held talks with his Iranian counterpart Seyed Abbas Araghchi on the sidelines of the BRICS Foreign Ministers’ Meeting in New Delhi, where the two leaders discussed the West Asia situation and its implications.
1 min |
May 16, 2026
The Statesman Bhubaneswar
‘Self-created crisis’: Cong targets Modi govt over fuel price hike
The Congress on Friday sharpened its criticism of the Narendra Modi government over rising fuel prices and mounting inflationary pressures, with party president Mallikarjun Kharge accusing the Centre of pushing the country into an avoidable economic crisis through weak leadership and flawed policy decisions.
1 min |
May 16, 2026
The Statesman Bhubaneswar
The pit as a destination
India’s current coal mine repurposing strategy ~ building eco-parks, greening overburden, revegetating surface land ~ is necessary but insufficient. It addresses the visual dimension of mine closure while leaving untouched the human dimension that our data identifies as the binding constraint. A site that looks healed but whose surrounding community has been economically hollowed out by three generations of mono-economy dependence on coal does not become a tourism destination by adding trees. It becomes a park that people drive past
4 min |
May 16, 2026
The Statesman Bhubaneswar
Monsoon expected early again, Kerala onset around 26 May: IMD
Amid apprehensions of an economic slowdown exacerbated by multiple factors such as crude oil price shock and currency depreciation triggered by the US-Iran conflict and disruptions in the Strait of Hormuz, there seems to be some positive news regarding the southwest monsoon ~ the most awaited weather phenomenon in the country every year.
1 min |
May 16, 2026
The Statesman Bhubaneswar
Kyiv mourns as death toll from Russian attack in the Ukrainian capital rises to 24
The death toll from a Russian missile attack that flattened a Kyiv apartment building rose Friday to 24, including three teenagers, Ukrainian President Volodymyr Zelenskyy said as he led the mourning for one of the deadliest attacks on the capital in the 4-year-old war.
1 min |
May 16, 2026
The Statesman Bhubaneswar
PM in UAE: Countries cement strategic ties
Prime Minister Narendra Modi and United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan on Friday presided over the signing of a broad range of bilateral agreements aimed at strengthening cooperation in energy security, defence, trade, technology and infrastructure, further consolidating the rapidly expanding strategic partnership between the two nations.
1 min |
May 16, 2026
The Statesman Bhubaneswar
Fuel prices hike to add to inflation concerns, impact transportation costs
The central government on Friday has increased the retail selling prices of petrol and diesel, effective from Friday. This is the first such hike in four years for retail consumers.
1 min |
May 16, 2026
The Statesman Bhubaneswar
Kerala CM choice fuels Congress leadership succession buzz
Rahul Gandhi is said to “value” leaders who make “isacrifices” for the party. By that measure, senior Congress leader K.C. Venugopal may have earned extra political capital and brownie points after “voluntarily” stepping aside from the race for Kerala chief minister in favour of V. D. Satheesan following the Congress-led UDF’s victory in the May 2026 Assembly elections.
2 min |
May 16, 2026
The Statesman Bhubaneswar
US military defends Iran strikes
The Trump administration's Iran campaign came under intense scrutiny at a Senate hearing, with US military commanders claiming Tehran's military capabilities had been severely degraded even as lawmakers warned of rising economic and regional risks.
1 min |
May 16, 2026
The Statesman Bhubaneswar
Adani Airport Holdings signs deal with IHG to develop hotels in India
Adani Airport Holdings Ltd (AAHL) has officially announced that it has inked a deal with global hospitality firm IHG Hotels & Resorts to develop five hotels across key airport-linked and high-growth urban destinations, including Mumbai, Navi Mumbai and Thiruvananthapuram.
1 min |
May 16, 2026
The Statesman Bhubaneswar
Punjab Kings still control playoff destiny, insists Haddin after fifth straight loss
Despite suffering a fifth consecutive defeat after their six-wicket loss to Mumbai Indians, Punjab Kings assistant coach Brad Haddin remained confident that the team still controls its own playoff destiny in IPL 2026.
2 min |
May 16, 2026
The Statesman Bhubaneswar
Adani Group, US SEC agree to settle civil fraud case
The US authorities and the Adani Group have agreed to settle a civil fraud case filed by the US Securities and Exchange Commission (SEC) against Gautam Adani (photo), Chairman of the Adani Group and his nephew Sagar Adani, on the payment of civil penalties amounting to a combined $18 million.
1 min |
May 16, 2026
The Statesman Bhubaneswar
India’s trade deficit expands to $28.38 billion in April
India’s merchandise trade deficit widened to $28.38 billion in April with the merchandise exports increasing to USD 43.56 billion in April 2026 compared with USD 38.28 billion in the corresponding month last year, while merchandise imports climbed to USD 71.94 billion from USD 65.38 billion.
1 min |
May 16, 2026
The Statesman Bhubaneswar
UK government faces weeks of uncertainty over the PM's future
Britain’s government faces a prolonged period of uncertainty after a week of manoeuvring within the governing Labour Party failed to oust Prime Minister Keir Starmer (photo) but started the clock on a leadership contest that could last well into the summer.
1 min |
May 16, 2026
The Statesman Bhubaneswar
Shastri backs Sanju Samson for future India T20 captaincy
Former India head coach Ravi Shastri believes Sanju Samson has firmly placed himself in contention for India’s T20I captaincy after his impressive performances over the last year.
1 min |
May 16, 2026
The Statesman Bhubaneswar
‘Sindoor marked a new normal’
As India marks one year of Operation Sindoor, its strategic, operational, and psychological impact continues to shape the country’s security doctrine.
5 min |
May 16, 2026
The Statesman Bhubaneswar
The 12 Modi years
On 16 May 2014 the people of India gave an electoral verdict that changed the country decisively.
6 min |
May 16, 2026
The Statesman Bhubaneswar
Ground Signal
For years, the Congress high command has been accused of rewarding proximity over performance. In Kerala, however, the party appears to have acknowledged a political reality it can no longer ignore: elections are won on the ground, not in Delhi’s drawing rooms.
2 min |
May 16, 2026
The Statesman Bhubaneswar
Rupee at 100 could spark sharp sectoral shift in markets, feel experts
As concerns over global volatility, geopolitical tensions and persistent dollar strength continue to weigh on emerging economies, market experts believe that a slide in the Indian rupee towards the psychologically significant Rs. 100-per-dollar mark could trigger a major reshuffle across sectors in the domestic equity market.
1 min |
May 16, 2026
The Statesman Bhubaneswar
SEBI relaxes borrowing norms for InvITs above 49 per cent leverage limit
Securities and Exchange Board of India (SEBI) on Friday relaxed borrowing norms for Infrastructure Investment Trusts (InvITs) with leverage exceeding 49 per cent of asset value, a move aimed at expanding financing flexibility for infrastructure projects and improving funding access across the sector.
1 min |
May 16, 2026
The Statesman Bhubaneswar
Pracheen Kala Kendra Revives Khayal’s Golden Era, Defying Modern Pop Monotony
A unique two-day music festival titled ‘‘Gharanon Ki Swarnim Raganjali’’ was organized by Pracheen Kala Kendra, Chandigarh, at Triveni Kala Sangam.
3 min |
May 16, 2026
The Statesman Bhubaneswar
Jashn-e-Azhar : A Celebration of Art, Culture and Expression
The inaugural ceremony of the 15th National Theatre Festival Jashn-e-Azhar was held at Gyan Manch, marking the opening of the six-day festival.
5 min |
May 16, 2026
The Statesman Bhubaneswar
Petrol, diesel prices hiked by ₹3 per litre across major cities
Fuel prices across the country have gone up sharply after oil marketing companies increased petrol and diesel rates by up to Rs 3 per litre, adding to the burden on consumers and transport operators.
1 min |
May 16, 2026
The Statesman Bhubaneswar
Financial conditions likely to remain under pressure as West Asia conflict impacts economy: Crisil
Financial conditions are likely to remain tight in the coming months, as the West Asia conflict poses considerable pressure on the economy, said Crisil Macroeconomics First Cut, released here on Friday.
1 min |
May 16, 2026
The Statesman Bhubaneswar
Trump weighs Taiwan arms package after summit aimed at steadying US-China ties
US President Donald Trump (photo, left) said Friday that he has not made a decision on whether to move forward with a major arms package for Taiwan after hearing concerns about it from Chinese President Xi Jinping (photo, right).
2 min |
May 16, 2026
The Statesman Bhubaneswar
Nepal must unshackle itself from global oil markets
The conflict in West Asia might appear remote from Nepal, but its economic repercussions are now felt in every Nepali household. Fuel prices have skyrocketed to levels that threaten the very survival of the middle class and the urban poor.
2 min |
May 16, 2026
The Statesman Bhubaneswar
Satheesan says targeting IUML aims to divide Kerala, aid communal forces
Kerala Chief Minister-designate V D Satheesan on Friday strongly defended the Indian Union Muslim League (IUML) describing the key United Democratic Front (UDF) ally as a crucial barrier against communal polarisation in the state.
1 min |
May 16, 2026
The Statesman Bhubaneswar
Former Kolkata CP, two other IPS officers suspended over RG Kar case
Chief Minister Suvendu Adhikari on Friday announced the suspension of three senior IPS officers for lapses in the RG Kar rape and murder case involving a junior doctor.
1 min |
May 16, 2026
The Statesman Bhubaneswar
Struggling Knight Riders face must-win battle against rampaging Gujarat Titans
With their playoff hopes hanging by a thread, three-time title holders Kolkata Knight Riders return to Eden Gardens for a crucial clash against an in-form Gujarat Titans side here on Saturday, knowing there is little room left for error in their IPL 2026 campaign.
3 min |
May 16, 2026
The Statesman Bhubaneswar
Debt Politics
Election victories create headlines. Debt creates governments’ destinies. Across India’s states, political transitions are increasingly colliding with a harder economic reality: the era of easy welfare expansion financed through relentless borrowing is approaching its limits.
2 min |