'We've been talking during this week and now it's the right moment to announce it.'
Here is what you need to know about the prize pot on offer at the 2025 Australian Open, the first Grand Slam tournament of the year:
Novak Djokovic fell short in his bid to claim a 100th ATP title following a straight sets defeat by Czech teenager Jakub Mensik in the Miami Open final
Carlos Alcaraz reached his second Australian Open quarter-final on Sunday when his opponent Jack Draper retired injured when trailing 7-5, 6-1.
India is already negotiating a bilateral trade agreement with the US. The two countries are aiming to finalise the first phase of the pact by fall (September-October) of this year.
Real Madrid coach Ancelotti goes on trial in Spain for tax evasion.
Australian Oscar Piastri won the Saudi Arabian Grand Prix on Sunday to take the lead in the Formula One world championship
Novak Djokovic reached the Wimbledon quarter-finals for the 16th time but it proved a hard day's work at his Centre Court office.
Glimpses from Milwaukee, Kalamazzoo and Marietta as votes are counted in America's presidential election.
Dimitrov was showing signs of fatigue from his three-hour third-round match earlier in the week and could do little to stop the Spanish world number three, who next faces Argentine Francisco Cerundolo.
An off-colour Alcaraz lost 6-1, 7-5 to Norway's Casper Ruud in his opening match on Monday and the 21-year-old cancelled a public training session the following day.
A summary of Tuesday's Champions League first leg quarter-finals between Arsenal and Real Madrid, and Inter Milan and Bayern Munich.
The win from fourth on the grid was Australian Oscar Piastri's third in a row, after Bahrain and Saudi Arabia, and fourth of the season. McLaren have so far been beaten only once.
Teichmann wins singles, Anshba-Pridankina claim doubles at Mumbai Open
Himesh Reshammiya does not have the swag or the acting chops to play a loose cannon cop, sighs Deepa Gahlot.
US President Donald Trump announced a 26 per cent "discounted reciprocal tariff" on India, half of the 52 per cent levies imposed by India on American goods, as he described India as "very, very tough."
Days after a tense exchange with President Donald Trump at the White House, Ukrainian President Volodymyr Zelenskyy reiterated his gratitude to the United States while emphasising the need for security guarantees to end the war with Russia.
Lewis Hamilton said he was 'really enjoying' driving his Ferrari after ending the second morning of Formula One's pre-season testing in Bahrain
Real Madrid's Intercontinental Cup triumph marked a remarkable milestone for Carlo Ancelotti on Wednesday as the Italian became the manager with the most titles in the club's history with a total of 15 trophies.
Spain's Carlos Alcaraz made light of feeling under the weather as he dispatched Russia's Andrey Rublev in impressive fashion to revive his ATP Finals hopes on Wednesday.
Alexander Zverev into ATP Finals semis after straight sets win over Carlos Alcaraz
World champion Max Verstappen put Red Bull on pole position for the Saudi Arabian Grand Prix in dramatic style on Saturday.
McLaren's Oscar Piastri celebrated pole position for the Bahrain Grand Prix, his 50th Formula One race, while dejected championship-leading teammate Lando Norris qualified sixth and said he had been "clueless on track".
Manchester City and Chelsea both secured their Champions League places with victories on the final day of the English Premier League season and Newcastle United joined them despite stumbling to a last-day defeat.
'I've never been a fan of division in our sport, but I've always fought for better representation and influence of and positioning of the players globally in our sport, which I think is still not where I think it should be.'
Carlos Alcaraz suffered a shock 6-1, 7-5 defeat against Norway's Casper Ruud in his opening match at the ATP Finals
Amid the tumbling stock market in the United States, following the White House clarification of tariffs on China to be at least 145 per cent and an earlier announcement of a 90-day pause on tariffs for over 75 countries, President Donald Trump addressed the challenges associated with his tariff policy, stating that there would be 'transition problems'.
Novak Djokovic was shocked by Botic van de Zandschulp 6-2, 3-6, 6-1 in the second round of Indian Wells on Saturday as the Serbian suffered an early exit at the hands of a tournament lucky loser for a second consecutive year.
Hady Habib is the first man representing Lebanon to win a singles main draw match at a Grand Slam in the professional era.
Brazil have sacked head coach Dorival Jr, the country's football confederation (CBF) said on Friday, after the five-times World champions were thrashed 4-1 away to fierce rivals Argentina in a humiliating qualifying loss in Buenos Aires.
A Delhi court has reprimanded Tihar Jail authorities for allegedly keeping Christian Michel James, an alleged middleman in the AgustaWestland case, with an inmate who has received 41 punishments for misconduct, raising concerns about Michel's safety. The court also ordered the jail to provide Michel with a table fan, stating that even animals in zoological parks are provided air conditioning. Michel had previously requested to finish his sentence and leave India due to security risks.
Christian Michel James, an alleged middleman in the AgustaWestland case, has claimed that attempts were made to poison him inside Tihar Jail. A Delhi court has sought a response from the prison authorities on his plea. The court has also directed that James be taken to AIIMS on April 7 for a check-up. James was extradited from Dubai in 2018 and has been in custody since then. He has been granted bail in the ED and CBI cases against him but has refused to accept bail citing security concerns. He has also alleged that he was subjected to an incident at AIIMS, the details of which he is willing to share with the court in private. The court has ordered James to furnish a personal bond and surety of Rs 10 lakh in both cases and surrender his passport. The CBI chargesheet claims an estimated loss of 398.21 million euros (about Rs 2,666 crore) to the exchequer due to the deal for the supply of VVIP choppers. The ED chargesheet filed against James alleged he received 30 million euros (about Rs 225 crore) from AgustaWestland.
Novak Djokovic said he has recovered from the hamstring injury that forced him out of the Australian Open semi-finals
Alcaraz has not gone beyond the quarter-finals in his three previous visits to Melbourne, but that has not stopped the world number three from dreaming of glory in the Jan. 12-26 event.
The impact of United States President Donald Trump's reciprocal tariffs is not yet known and New Delhi's strategy to deal with the situation is to firm up a bilateral trade pact with Washington, DC by fall of this year, External Affairs Minister S Jaishankar said on Wednesday.
Carlos Sainz completed a double race distance for previously struggling Williams and pushed his Ferrari successor Lewis Hamilton off the top of the testing
From the passion of MotoGP champions to the intensity of football pitches and the elegance of synchronised swimming, this collection of images captures unforgettable moments in sports and beyond.
President Donald Trump has said if Elon Musk's Tesla built a factory in India to avoid that country's tariffs, it would be unfair to the US. Trump's comments came amid moves by him to increase tariffs significantly. On February 13, hours before Prime Minister Narendra Modi's bilateral meeting with Trump at the White House, the US President announced reciprocal tariffs.
Barcelona's Ferran Torres scored twice to help secure a late 4-2 comeback win at Atletico Madrid in a pulsating LaLiga clash on Sunday.