Host cities were allowed to propose additional sports as part of he IOC's "Agenda 2020" reforms with an aim to help host countries' most played sports gain exposure via the Olympics.
Hindustan Aeronautics Limited on Wednesday handed over the first LCA Tejas twin-seater aircraft to the Indian Air Force.
Indian Oil Corporation may bid for acquiring petrol pumps owned by Kuwait Petroleum Corporation and Jet, a subsidiary of Canoco Philips, in Thailand to expand its retailing operations beyond India.
The medium-term scenario for oil marketing companies (OMCs) is high risk due to the surging crude and gas prices. Apart from OPEC-plus cutting production, the Hamas-Israel conflict has caused fears of supply disruption. The July-September quarter of 2023-24 (Q2FY24) saw positive surprises for OMCs. Strong gross refining margins (GRMs) more than offset weak marketing margins.
Indian Oil Corporation, the country's largest oil firm, lost about Rs 4,900 crore (Rs 49 billion) in revenues during the first quarter of the current fiscal on selling fuel below the cost.
Jet fuel or ATF price on Tuesday was hiked by a steep 8.5 per cent - the second increase in a month, while commercial cooking gas rate was cut by Rs 100 per cylinder in line with divergent trends in international benchmarks. Aviation turbine fuel (ATF) price was increased by 7,728.38 per kilolitre, or 8.5 per cent, in the national capital to Rs 98,508.26 per kl, according to a price notification of state-owned fuel retailers. Rates, which vary from state to state depending on the incidence of local sales tax or VAT, have been increased on firming up of global rates that followed four months of decline.
Brisbane becomes the third Australian city to get the Games after Melbourne in 1956 and Sydney in 2000.
The US needs to make a more serious commitment to the fight against performance enhancing drugs.
Only 47 per cent of tickets have been sold so far, while premium events and opening ceremony have been technically sold out
Tatas have joined hands with state refiner Indian Oil and exploration firm Oil India Ltd to consider bidding for acquiring Caspian Energy Group LLP's (CEG) interest in an Azerbaijan oil field.Tata Petrodyne Ltd, a wholly-owned subsidiary of Tata Sons, has joined the IOC-OIL combine to make a bid to buy CEG's 51 per cent stake in the Shivran Oil Operating Company that runs the Kyurovdag oil field in Azerbaijan, industry sources said.
IOC's marketing director GC Daga said that the company is planning to open 1,000 rural outlets with Kisan Seva Kendras or farmer service centres attached to them.
IOC had challenged the Uttar Pradesh government decision.
The International Olympic Committee will issue guidelines this week aimed at protecting athletes and visitors from Zika, a mosquito-borne virus spreading rapidly across South America months before the Rio de Janeiro Games in August.
