The Chinese Olympic Committee has said they will provide a report "soon" and assured the IOC there would be no repeat of its athletes wearing the badges.
Oil marketing companies (OMCs), paint manufacturers, tyre producers, and aviation stocks witnessed significant gains as Brent crude oil prices slipped below $70 per barrel. The price drop came after a double blow: The US imposed tariffs on Canada and Mexico, including energy imports, and OPEC+ - the group of major oil-producing nations including Russia - announced an output increase of 138,000 barrels per day, the first such hike since 2022.
During his speech, he recalled the role of sport and the Olympic Games to build bridges, bring people together and shape the peace.
The IOC chief said that holding events without spectators was clearly something the IOC did not want.
'Our task is to organise Olympic Games and not to cancel Olympic Games. This is why we are working day and night to organise safe Olympic Games.'
Indian Oil Corporation (IOC), the nation's biggest oil firm, on Tuesday reported a 31.4 per cent drop in the fourth quarter net profit as record refining margins were wiped away by a margin squeeze in petrochemicals and losses on auto fuel sales. Standalone net profit of Rs 6,021.88 crore, or Rs 6.56 a share, in January-March, compared with Rs 8,781.30 crore, or Rs 9.56 per share, in the same period a year back, the company said in a stock exchange filing. Sequentially, the profit was higher than Rs 5,860.80 crore in the previous quarter.
India's largest oil firm IOC will build the nation's first 'green hydrogen' plant at its Mathura refinery, as it aims to prepare for a future catering to the growing demand for both oil and cleaner forms of energy. Indian Oil Corporation (IOC) has drawn a strategic growth path that aims to maintain focus on its core refining and fuel marketing businesses while making bigger inroads into petrochemicals, hydrogen and electric mobility over the next 10 years, its chairman Shrikant Madhav Vaidya said. The company will not set captive power plants at all its future refinery and petrochemical expansion projects and instead use the 250 MW of electricity it produces from renewable sources like solar power, he told PTI in an interview.
Imane Khelif, who is in the spotlight for failing a gender eligibility test at a tournament last year, progressed to the Olymoics welterweight quarter-finals.
Coates also hit out at the suggestion that the IOC was ploughing ahead with the Games "at all costs" to fulfill lucrative contracts with broadcasters and sponsors.
The IOC last year stripped the IBA of its status as boxing's governing body over governance issues, and took charge of the Paris 2024 boxing competition itself, but now finds itself at the centre of a row.
Chess governing body FIDE's general assembly agreed to consider lifting parts of a ban on Russian and Belarusian players imposed after Moscow invaded Ukraine in February 2022, in a vote on Sunday in Budapest.
The two boxers had failed gender tests at World Championships in New Delhi last year
Due to the delay the Beijing Games will now start just over six months after Tokyo.
The Indian Olympic Association's athletes commission chairperson and boxing legend M C Mary Kom on Tuesday denied reports that she has resigned from her position.
The executive board, which is expected to meet later this month, will discuss holding the session "remotely through a secure electronic system" on July 17, with a possible "electronic voting system" in place.
An independent report last week said the IWF was plagued by decades of corruption orchestrated by autocratic former president Tamas Ajan.
Bhaker said the award selection panel would have followed due processes but sometimes errors can happen.
Indian Oil Corporation (IOC), the nation's top oil firm, has bought as much as 3 million barrels of crude oil that Russia had offered at steep discount to prevailing international rates, sources said. The purchase, made through a trader, is the first since Russia's February 24 invasion of Ukraine that brought international pressure for isolating Putin administration. Sources aware of the matter said IOC bought Urals crude for May delivery at a discount of $20-25 a barrel to dated Brent.
The accounts were hacked through a third-party platform, a spokesperson for the social media platform said in an emailed statement, without giving further details.
'Olympics postponement costs not discussed'
'WFI must reverse all amendments made during its suspension and ensure checks and balances in decision-making within four weeks.'
IOC chief said he believed more than 80 per cent of residents of the Olympic Village would be vaccinated or booked for vaccination ahead of the Games
IOA president P T Usha firmly refuted allegations made by treasurer Sahdev Yadav regarding financial loss incurred by the body due to its contract renegotiation with Reliance Industries Limited
'The IOC is actively working with its Japanese partners in the Tokyo 2020 Organising Committee and with the National Olympic Committees on the details of this policy (of flying in additional medical personnel)'
World Athletics (WA) had, in August this year, invited bids for the 2028 and 2030 editions of the championships and Coe said he is happy that India has joined the process.
Presidents can serve two terms -- a first term of eight years and a second of four if re-elected.
Imane Khelif beat Hungary's Luca Anna Hamori by unanimous decision in a welterweight quarter-final fight at the Paris Games on Saturday to ensure Algeria's first Olympic boxing medal since 2000.
Indian shooter Manu Bhaker is among over 100 athletes who have complained about 'deteriorating' Paris Games medals and are like to get replacements.
The International Olympic Committee does not plan any "drastic" decisions about the Tokyo 2020 Games, saying on Tuesday it remains fully committed to the event being staged in four months time despite the global spread of the coronavirus. The IOC said in a statement following discussions with international sports federations that changes would need to be made to the qualifiers due to the impact of the virus but it plans to go ahead with the July 24-Aug 9 Olympics.
Nearly 80% of the Japanese public are now opposed to holding the Summer Games as scheduled this year, recent polls show.
World Athletics boss Sebastian Coe is quite aware that cricket is nothing short of "religion" in India but he feels it shouldn't be viewed as a "roadblock" for other sports
The Boxing Federation of India (BFI) is conducting the men's national championships in Bareilly in 10 weight categories
Athletes from Russia and Belarus, Moscow's closest ally in the 2022 invasion of Ukraine, are barred from the Paris Games except for the few who will compete as neutral athletes without flags or anthems.
The newlywed couple, Anant and Radhika, witnessed athletes showcasing their remarkable skills against tough opposition in Paris
Boxing's already uncertain Olympic future was thrown into further jeopardy after the sport's Asian governing body voted against leaving the suspended International Boxing Association (IBA) to join the rival association.
Cooking gas or Liquified Petroleum Gas (LPG) price has been raised by Rs 50 per cylinder by distribution companies, Union Oil Minister Hardeep Singh Puri said on Monday.
A five-time Olympic shooter, Randhir Singh was the lone eligible candidate for the OCA president's post.
'When it comes to advantages and disadvantages there is more to learn, there is always more science.'
"To facilitate these adaptations, and reflecting the postponement of the Games, we are making the necessary modifications to the qualification system principles to include, for example, the relaxation of the maximum two-year period and amendments to the qualification deadlines."
The International Olympic Committee (IOC) on Tuesday gave further unequivocal backing to this summer's Tokyo Olympics, urging athletes to prepare "full steam" despite the coronavirus threat. Multiple sports events around the world have been cancelled during the epidemic, which has killed more than 3,000 people in China and spread to more than 60 nations including Japan where infections are near 1,000 and 12 people have died.
