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Romania Appoints Interim PM After Coalition's Defeat in Presidential Race

The Statesman Bhubaneswar

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May 07, 2025

Romania's interim president appointed a new prime minister on Tuesday, a day after Marcel Ciolacu stepped down following the failure of his coalition's candidate to make the runoff in a rerun of the presidential election.

- AGENCIES

Ilie Bolojan signed a decree to appoint the serving interior minister, Catalin Predoiu (photo) of the National Liberal Party, to helm the government until a new one can be formed.

The interim post can be held for a maximum of 45 days, during which they have limited executive powers.

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The Statesman Bhubaneswar

CII sees business confidence rising, expects next wave of reforms in Union Budget

Business confidence in India is steadily improving, reflecting strong domestic demand and expectations of continued reforms inthe Union Budget 2026-27, according to the latest Business Outlook Survey by the Confederation of Indian Industry (CII) on Sunday.

time to read

1 min

January 19, 2026

The Statesman Bhubaneswar

Summit momentum

Summit between President Lee Jae Myungand Japanese Prime Minister Sanae Takaichi in Nara, Japan, was their second since her inauguration in October.

time to read

2 mins

January 19, 2026

The Statesman Bhubaneswar

Raipur Sahitya Utsav 2026 set to place Chhattisgarh firmly on India’s literary map

Chhattisgarh is preparing to make a strong national statement in the world of ideas and culture with the Raipur Sahitya Utsav-2026, scheduled from January 23 to 25 at Purkhouti Muktangan in Nava Raipur.

time to read

1 mins

January 19, 2026

The Statesman Bhubaneswar

UP to host 86th all India presiding officers conference focused on technology and legislative transparency

The 86th All India Presiding Officers Conference (AIPOC), a significant national forum aimed at strengthening legislative institutions, will commence on Monday, January 19,at the Uttar Pradesh Vidhan Sabha in Lucknow, a press note from the Lok Sabha Secretariat Sunday said.

time to read

1 min

January 19, 2026

The Statesman Bhubaneswar

Market outlook: Q3 results, India-US trade talks in focus

Indian stock markets are likely to remain volatile in the coming week as investors track the progress of the December quarter earnings season, developments related to India-US trade ties, and key global economic data from the United States.

time to read

1 mins

January 19, 2026

The Statesman Bhubaneswar

Saving Aravallis from death by definition: All eyes on 21 Jan

The Supreme Court's 29 December 2025, decision was welcomed as a major relief for those working to protect the Aravallis ~ India’s oldest mountain range.

time to read

4 mins

January 19, 2026

The Statesman Bhubaneswar

Though the Sky Stumbles, the Spirit Soars

PSLV-C62's failure is a setback but LACHIT-1 has already ignited a new space ambition in the Northeast.

time to read

2 mins

January 19, 2026

The Statesman Bhubaneswar

FII selling trend may continue till some positive triggers happen: Analysts

The foreign institutional investor (FII) selling trend may continue in India until some positive triggers for a market rally happen, analysts have said.

time to read

1 min

January 19, 2026

The Statesman Bhubaneswar

Power DISCOMs turn profitable with ₹2,701 crore PAT in FY25

India’s power distribution utilities, including DISCOMs and state power departments, have collectively posted a positive Profit After Tax (PAT) of Rs 2,701 crore in FY 2024-25, marking a major turnaround for a sector that has remained loss-making for years after the unbundling and corporatisation of State Electricity Boards.

time to read

1 mins

January 19, 2026

The Statesman Bhubaneswar

Market valuation of three of top 10 firms spikes over ₹75,000 crore

The combined market valuation of three of the top-10 most valued firms jumped Rs 75,855.43 crore in a holiday-shortened last week.

time to read

1 min

January 19, 2026

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