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Power and Legitimacy

The Statesman Bhubaneswar

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January 07, 2026

The capture of Venezuelan leader Nicolás Maduro by the United States has forced the international community to confront an uncomfortable reality: the widening gap between power and its justification.

Mr Maduro's removal did not occur in a political vacuum. His claim to democratic legitimacy was already gravely weakened by the disputed 2024 election, while allegations linking senior figures in the Venezuelan state to transnational drug trafficking are longstanding and widely acknowledged. Even critics of Washington's actions rarely argue that these charges emerged without basis. The question raised by recent events, therefore, is not whether Mr Maduro was a credible democratic leader, but whether the method used to remove him can be reconciled with the principles that ostensibly govern international conduct.

The Statesman Bhubaneswar'den DAHA FAZLA HİKAYE

The Statesman Bhubaneswar

Securitisation volumes rise 5 per cent to ₹1.87 lakh crore in April-December FY26: Crisil

Securitisation volumes in India rose about 5 per cent year-on-year to Rs 1.87 lakh crore in the first nine months of fiscal 2026, driven largely by strong originations from non-banking financial companies (NBFCs), even as bank-led issuances remained muted, Crisil Ratings said on Thursday.

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1 mins

January 09, 2026

The Statesman Bhubaneswar

L&T bags order to upgrade Indian army’s Pinaka rocket launchers

Larsen & Toubro (L&T) informed the stock exchange in a regulatory filing on Thursday, that it has received a supply order from the Indian Army’s Corps of Electronics and Mechanical Engineers (EME) to overhaul, upgrade and maintain the L&T manufactured indigenous Pinaka Multi-Rocket Launcher System.

time to read

1 min

January 09, 2026

The Statesman Bhubaneswar

'New abnormal' looming in India-US relations: Congress

The Congress on Thursday sounded an alarm over what it describes as a \"sharp deterioration\" in India-US relations, asserting that the bilateral partnership is entering a volatile \"new abnormal\" phase.

time to read

1 mins

January 09, 2026

The Statesman Bhubaneswar

The old and the new

As the election is drawing closer, everyone is thinking about the polarisation of political parties and its possible outcomes.

time to read

2 mins

January 09, 2026

The Statesman Bhubaneswar

Eight-time SP MLA and tribal leader Vijay Singh Gond passes away in Lucknow

Senior Samajwadi Party (SP) legislator and eight-time MLA from Duddhi assembly constituency, Vijay Singh Gond, passed away on Thursday atthe Sanjay Gandhi Postgraduate Institute of Medical Sciences (SGPGI), Lucknow.

time to read

1 min

January 09, 2026

The Statesman Bhubaneswar

SBI Research sees upward bias in FY26 GDP growth after base revision

India’s gross domestic product (GDP) is estimated to grow at 7Aper cent in FY26, according tothe first advance estimates released by the National Statistical Office (NSO), markinga sharp improvement from 6.5 per cent growth recorded in FY25.

time to read

2 mins

January 09, 2026

The Statesman Bhubaneswar

Trump orders US exit from 66 global bodies

President Donald Trump on Wednesday signed an executive order suspending US support for 66 international organisations, agencies and commissions, including those affiliated with the United Nations citing concerns that the groups no longer serve US national interests.

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1 min

January 09, 2026

The Statesman Bhubaneswar

West Bengal set to surpass budgeted market borrowings for current fiscal

The West Bengal government is slated to surpass the budgeted market borrowings for the current financial year 2025-26, as well as its projected accumulated debt by 31 March, as indicated in the trend so far for the first nine months as well as the scheduled borrowings for the remaining three months of the financial year under review.

time to read

1 mins

January 09, 2026

The Statesman Bhubaneswar

Textiles Ministry signs 15-state MoU to boost evidence-based policymaking

The Ministry of Textiles on Thursday said it signed MoUs with 15 states on theinaugural day of the ‘National Textiles Ministers’ Conference’ in Guwahati, marking a transformative step towards evidence-based policymaking.

time to read

1 min

January 09, 2026

The Statesman Bhubaneswar

US fiscal outlook for 2026 shows stability: Report

The US public finance sector is expected to enter 2026 ona relatively stable footing, though underlying vulnerabilities are gradually building across several segments, according to anew outlook by S&P Global Ratings released on Thursday.

time to read

2 mins

January 09, 2026

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