S&P Global Ratings warns that Indian oil marketing companies like IOC, BPCL, and HPCL may face reduced profit margins due to rising crude oil prices and government pressure to maintain stable retail prices.
The International Olympic Committee pleaded on Wednesday with skeleton racer Vladyslav Heraskevych to compete without his banned helmet depicting Ukrainian athletes killed since Russia's invasion and avoid potential disqualification.
The Indian government has defended its E20 ethanol blending programme, stating that extensive testing and field experience show no evidence of abnormal engine wear, corrosion, or reduced vehicle life, despite a potential 2-6% reduction in fuel economy.
The Indian Olympic Association (IOA) CEO Raghuram Iyer announced that India will send 125-130 athletes to the Glasgow Commonwealth Games, participating in eight able-bodied and four para sports. The IOA is also preparing for the Asian Games and is in talks with the IOC for India's 2036 Olympic bid in Ahmedabad, which is also set to host the 2030 CWG. Iyer clarified that the IOA will not interfere in athlete selection matters.
The International Cycling Union (UCI) has praised India's "outstanding success" in its nationwide World Bicycle Day celebrations, which involved approximately 200 cities and towns across 28 States and Union Territories. UCI President David Lappartient commended the Cycling Federation of India (CFI) for its remarkable organisational efforts and also lauded the launch of the Asmita Women's League, a grassroots programme aimed at promoting gender equity in cycling.
The Indian women's cricket team has secured a spot in the 2028 Los Angeles Olympic Games as the top-ranked Asian team in the ongoing T20 World Cup. The men's team will need to be the continental leaders in world rankings by the end of 2026 to qualify directly. Cricket is making its return to the Olympics after a century, featuring six teams in both men's and women's competitions, with qualification criteria unveiled by the ICC.
Randhir Singh, a prominent figure in Indian sports and the Olympic movement, has died at the age of 79. He was known for his contributions as an athlete, administrator, and advocate for Indian sports on the international stage.
The International Cricket Council (ICC) has announced the qualification criteria for cricket's return to the Olympics at Los Angeles 2028. The Indian men's team needs to be Asia's highest-ranked in T20Is by end of 2026, while women's teams will qualify based on continental performance in the ongoing T20 World Cup.
Despite international crude oil prices falling to a four-month low, retail petrol and diesel prices in India are unlikely to be cut immediately because state-run refiners are still processing costlier crude purchased during the peak of the West Asia crisis, Oil Minister Hardeep Singh Puri said.
Veteran sports administrator and India's first shooting gold-medallist in Asian Games, Randhir Singh, died on Wednesday after battling age-related ailments. He was 79.
Veteran sports administrator and India's first shooting gold-medallist in Asian Games, Randhir Singh, died on Wednesday after battling age-related ailments. He was 79.
Indonesia said last week it had denied visas to Israeli gymnasts amid an outcry over Israel's military offensive in Gaza.
Veteran sports administrator and India's first shooting gold-medallist in Asian Games, Randhir Singh, died after battling age-related ailments. He was 79.
Former India shooter Moraad Ali Khan paid tribute to Randhir Singh, highlighting his achievements as a shooter and administrator.
Veteran sports administrator and India's first Asian Games shooting gold medallist Randhir Singh was cremated in Haridwar. Singh died at his New Delhi residence after battling age-related ailments. He was 79.
IOC eyes 'right media partner' in India as cricket returns to Olympics in 2028
Veteran sports administrator and India's first shooting gold-medallist in Asian Games, Randhir Singh, died on Wednesday after battling age-related ailments. He was 79.
Yogasana, the ancient Indian practice, is aiming to become a global sport and secure a place in the 2036 Olympics, with India hoping to host the Games in Ahmedabad. The sport has already been included in this year's Asian Games as a demonstration sport and is eyeing the 2030 Commonwealth Games. World Yogasana is working to meet the IOC's requirements for recognition, focusing on expanding its global reach and adhering to anti-doping standards.
A meeting to review India's Commonwealth Games preparations included discussions on advancing the country's bid for the 2036 Olympic Games, with Gujarat's Deputy Chief Minister Harsh Sanghavi participating online.
The International Testing Agency (ITA) has voiced concerns regarding the high rate of doping cases in India and the alleged practice of athletes receiving advance notice before testing, potentially jeopardising the nation's bid to host the 2036 Olympic Games.
The Indian government has restricted industrial, commercial, and institutional users from purchasing petrol and diesel from retail petrol pumps, directing them to bulk sale points instead. This move, which can last up to 90 days, aims to address abnormal demand growth and prevent localised shortages caused by a significant price difference between retail and bulk fuel prices.
Only biological females, determined by gene screening, will be allowed at Olympic Games female events, says IOC.
State-owned enterprises in India are projected to significantly increase their overseas borrowings, potentially exceeding $15 billion in FY27, driven by the Reserve Bank of India's new concessional forex swap facility which offers a 3 per cent funding-cost advantage.
India has significantly reduced Aviation Turbine Fuel (ATF) prices for international airlines by 27% due to easing global fuel benchmarks, while simultaneously increasing commercial LPG and 5-kg cylinder prices to record highs.
State-owned Life Insurance Corporation of India (LIC) has reported a net profit of over Rs 23,400 crore for the January-March quarter, making it the highest profit-making firm in the Indian financial sector during this period, surpassing major banks like SBI and HDFC Bank.
Human rights and sports advocacy groups are urging the International Olympic Committee (IOC) to reconsider reported plans for universal genetic sex testing for female athletes and a blanket ban on transgender and intersex competitors, warning of potential harm to gender equity in sports.
Congress leader Rahul Gandhi on Monday launched a scathing attack on Prime Minister Narendra Modi over the latest fuel hike, saying mehangai manav has struck again and he has just one job of making promises during elections and attacking people's pockets at other times.
Analysts predict that the ongoing US-Iran conflict, fluctuations in crude oil prices, and foreign institutional investor (FII) flows will be the primary factors influencing Dalal Street this week, with inflation concerns adding to investor anxiety.
Aviation fuel prices for domestic airlines remain unchanged, providing stability for local carriers, while commercial LPG and 5-kg cylinders see a significant rate hike due to rising international energy costs.
Olympic gold medallist Abhinav Bindra has been a long-time advocate for athlete mental health.
IOC resumes funding to IOA after "corrective measures" to resolve disputes and governance issues
Petrol price has been increased by 87 paise in Delhi from Rs 98.64 to Rs 99.51 per litre. Diesel rates have gone up by 91 paise from Rs 91.58 to Rs 92.49.
India is sending a shipment of diesel and petrol to Sri Lanka to help alleviate the country's energy crisis amidst regional instability.
Former Indian Olympic Association (IOA) President Narayana Ramachandran has died in Chennai after a prolonged illness at the age of 77. He served as IOA president from 2014 to 2017 and held key positions in international squash federations.
Two India-bound LPG tankers have crossed the Strait of Hormuz amid heightened tensions in the region, while an India-flagged vessel sank after being hit near the strategic shipping corridor.
Petrol and diesel prices in India have seen their fourth increase in less than two weeks, pushing cumulative hikes to nearly Rs 7.5 per litre since May 15, reaching their highest levels since May 2022. This surge, driven by global crude oil costs and the Iran conflict, is expected to exacerbate inflationary pressures and raise transportation costs across the economy.
A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help industries slash fuel consumption, reduce emissions, and improve equipment performance by using water.
A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help India reduce fuel consumption, emissions, and improve equipment performance by using water in a fuel-oil-water emulsion.
A tanker carrying liquefied petroleum gas (LPG) for India has successfully navigated the Strait of Hormuz and is en route to Visakhapatnam, India, carrying enough cargo to meet half a day's requirement for the country.
Sri Lankan President Anura Kumara Dissanayake has announced an economic relief package to mitigate the impact of the West Asia conflict, including fuel price reductions and support from India for petrol and diesel supplies.
