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Sports News Today, Latest Sports News & Updates | The HinduBusinessLine

Zee onboards Apple, Mahindra and Diageo among key advertisers for FIFA World Cup 2026 1994 vs 2026 FIFA World Cup: What changed in football’s biggest tournament Tamil Nadu CM Vijay honours Grandmaster Praggnanandhaa for Norway Chess win Mirra Andreeva arrives as tennis's newest star with French Open triumph Praggnanandhaa calls Norway Chess 2026 win biggest career achievement after historic triumph World Cup workers threaten strike before $2,000-a-ticket game FIFA allows sealed water bottles at World Cup stadiums after fan backlash US grants visas to Iran World Cup team ahead of tournament matches Praggnanandhaa makes history as first Indian to win Norway Chess title Zee likely secured 39 FIFA events at sub-$60 mn Zee bags FIFA media rights deal for Marquee events from 2026 to 2034 Vaibhav Sooryavanshi says adapting to pressure was key to IPL 2026 success Virat Kohli powers RCB to second consecutive IPL title with unbeaten 75 CWG 2030 preparations: Sports Ministry to engage IT Consultants in NSFs 24/7 digital 'superfans' rewriting sports marketing rules; 96% cricket viewers on YouTube: Google SC ruling on GST levy may squeeze margins, threaten survival of online gaming firms: Tax experts Supreme Court backs retrospective 28% GST levy on online gaming firms ‘Z’ to launch Unite8 Sports channels, confirms talks with FIFA for broadcasting rights Sports Ministry notifies rules for a Sports Board and a Sports Tribunal Mangaluru to host Indian Open of Surfing from May 29-31 National Anti-Doping Act set to be amended, ministry proposes five-year jail for suppliers Kohli highest grosser in IPL history at ₹230 crore, KKR most valuable franchise: Report BCCI not a public authority under RTI Act: CIC IPL viewership grows in digital space; set to hit 500 million on TV: Official broadcaster What led to BCCI's IPL crackdown? Reels in restricted zones, late night outings among reasons WFI issues show-cause notice to Vinesh Phogat, declares her ineligible to compete till June 26 Apollo Hospitals opens Sports Injuries centre in Hyderabad BCCI decision to shift IPL finals to Ahmedabad may be due to commercial viability: Minister Kal Somani led investor consortium flags concerns over Rajasthan Royals’ bidding process Shreyas Iyer named ambassador for F1 Sim Racing India Open 2026 India launches first official Formula 1 sim racing championship with Mumbai Falcons Metasports Interactive secures $20 million in UA funding from Metica Sachin Tendulkar turns 53, celebrates birthday with family and fans Sony Pictures secures media rights for Asian Games 2026 Sony bags Asian Games broadcast rights Indian Overseas Bank to sponsor U-14 tennis player Puneeth M India’s doping problem serious but reforms sincere, says WADA chief Witold Banka R Vaishali wins FIDE Women’s Candidates title, qualifies to challenge Ju Wenjun for Women's World Championship Infosys partners Carlos Alcaraz as global brand ambassador SPNI acquires TV and digital rights for Indian Football League Agilitas Sports inks partnership with cricketer Smriti Mandhana for One8 BCCI mourns passing of former India cricketer CD Gopinath FIFA adds new even more expensive World Cup ticket categories FIFA picks 52 referees for the World Cup, including 2 women Indian-origin prodigy Bodhana Sivanandan tops England women’s chess rankings IPL teams now top-tier global sports properties: Delhi Capitals CEO IPL 2026: $19 bn surge, Why valuation could double by 2030? IPL 2026 ad rates go up by 25-30%, led by Smart TV slots Franchises expand sponsorship rosters and extend tie ups ahead of IPL 2026 CSK’s unlisted shares see gains as franchise sales spur investor demand ahead of IPL 2026 IPL 2026: Navi UPI ties up with Sunrisers Hyderabad IPL 2026: JioStar bags 27 sponsors, adds 3 co-presenting sponsors Vijay Mallya reacts to RCB sale, says critics wrong as franchise value nears $2 billion RCB, RR sale set to reshape commercials of IPL ecosystem Big-ticket RCB deal underscores monetisation potential of IPL teams Omaxe names cricket stand after Harmanpreet Kaur at Dwarka Stadium IPL 2026: RCB tops $1.78 bn, Rajasthan Royals at $1.63 bn as valuations spike Los Angeles 2028 Olympics unveils superbloom-inspired official look India’s sports economy doubled in four years, crossed $2 billion mark in 2025 : WPP Media Report Wimbledon to introduce video review technology for first time at 2026 tournament India to host 2028 World Indoor Athletics Championships in Bhubaneswar Nazara Technologies to Acquire Bluetile Games for $100.3 Million Waaree Energies signs as title sponsor for Rajasthan Royals in IPL Mumbai to host Global Esports Games World Finals as India’s esports market grows SiXiT expects revenues of upto ₹300 crore in the next three years Formula 1 calls off April races in Bahrain and Saudi Arabia due to Iran war Qatar MotoGP postponed to November amid West Asia tensions Trump raises safety concerns over Iran World Cup team South Africa, West Indies cricket teams make their way home after week-long delay BCCI announces ₹131 crore cash reward for Suryakumar Yadav's World Champion team India-NZ T20 WC final logs records concurrent viewership of 82.1 crore T20 World Cup final: India beat New Zealand by 96 runs T20 WC final: Varanasi weavers craft cricket-themed Banarasi sarees for Team India India England semi-final match at T20 World Cup sets new global digital viewership record Ashok Leyland becomes official sponsor of CSK Vi to be official communication partner for Chennai Super Kings Iran war casts shadow over 2026 FIFA World Cup with 100 days to go Arjun Tendulkar’s pre-wedding celebrations turn star-studded affair From Sheeri to Stardom: Aquib Nabi powers J&K to historic Ranji triumph TN Govt plans an international cricket stadium with 25,000-capacity in Coimbatore Blitzer joins bidding war for IPL teams, sources say Uttar Pradesh signs MoU with AVW Global to bring MotoGP to Buddh International Circuit Khelo India Winter Games 2026 begins in Gulmarg with call for better sports infrastructure India miserably fail first big Test against Proteas, throw Super Eights wide open From matting wickets to Ranji Final — J&K’s historic rise in cricket T20 World Cup: India outplay Pakistan by 61 runs Local tourism, businesses in Gulmarg expect a boost ahead of ‘Khelo India’ winter games Sri Lanka steps in and clears way for India-Pakistan T20 in Colombo Sri Lanka’s cricket diplomacy resolves India-Pakistan T20 impasse Tech firm Bonbloc is official AI partner of Chennai Super Kings Kerala Blasters FC signs MosChip as Official Technology Partner Trump wishes Team USA luck in T20 World Cup in India Royal Challengers Bengaluru win second WPL title with Mandhana and Voll heroics T20 World Cup: India seems to have an edge over everyone else India will travel to Colombo for T20 World Cup match despite Pakistan boycott Honoured to carry Olympic flame at Winter Olympics: Bindra Indian Super League: FanCode bags TV and digital rights for upcoming season AI-driven athlete management system set to transform Indian sports Pakistan won’t play India in ICC T20 World Cup after government decision Union Budget allocates ₹500 crore to boost sports goods manufacturing ahead of Olympics bid
Centre’s focus on sports goods sectors will strengthen sporting ecosystem
2026-02-02 · via Sports News Today, Latest Sports News & Updates | The HinduBusinessLine
The Center has made a first-time allocation of Rs 500 crore dedicated to promoting quality sports goods manufacturing, research and innovation in equipment design as well as material sciences

The Center has made a first-time allocation of Rs 500 crore dedicated to promoting quality sports goods manufacturing, research and innovation in equipment design as well as material sciences | Photo Credit: DAVID MARIUZ

With the Union Budget proposing to promote India as a global hub of quality sports goods, among other initiatives, players such as Decathlon believes that it will strengthen the sports ecosystem.

Sankar Chatterjee, CEO, Decathlon India told businessline, “The Union Budget’s focus on Khelo India, sports infrastructure and domestic sports goods manufacturing aligns closely with our ongoing efforts and reinforces a shared vision of increasing participation, promoting active lifestyles as a pathway to wellbeing, and strengthening India’s sports ecosystem end-to-end.”

The Union Budget has made a first-time allocation of ₹500 crore dedicated to promoting quality sports goods manufacturing, research and innovation in equipment design as well as material sciences. This comes as the government acknowledged India’s potential to become the global hub for high quality affordable sports goods.

“At Decathlon Sports India, we are building a comprehensive sports ecosystem that enables participation and nurtures a strong sportive mindset—through experience-led retail spaces, affordable and highly technical products, a growing ‘Make in India’ manufacturing footprint, and digital platforms that help people discover, learn and engage with sports. Design and product innovation are central to this ecosystem, guiding how we create practical, high-quality sports solutions that support everyday movement. We believe an active lifestyle is the foundation of holistic wellbeing, and by designing and producing sports equipment in India, we aim to make high-quality sport accessible to communities across the country,” Chatterjee added.

The Government will also launch Khelo India Mission. It will facilitate an integrated talent development pathway, supported by training centres. It will also focus on systematic development of coaches and support staff as well as integration of sports science and technology. At the same time the Mission will also facilitate competitions and leagues to promote sports culture and provide platforms and development of sports infrastructure for training and competition.

Prasanth Shanthakumaran, Partner and Head- Sports Sector, KPMG India said that the Budget has identified sports as an area for job creation through coaching, sports management, event management and Sports science amongst other areas. “Sports will also benefit from focus on tourism as both inbound and outbound tourism will enhance participation in major events scheduled in India like Commonwealth and ICC events,” he added.

Published on February 2, 2026