India to host World Boxing Cup Final in November 2025
New Delhi, Dec 17: India is set to host the World Boxing Cup Final in November next year, reaffirming its support for the breakaway World Boxing (WB) body.
The Boxing Federation of India (BFI) will also simultaneously host the third World Boxing Congress, which will include elections for the Presidency and Executive Board.
The tournament will be the first international event hosted by the BFI after opting to join the new governing body earlier this year.
The last time BFI hosted an international event was the International Boxing Association (IBA) Women's World Boxing Championship in 2023.
"It is a proud moment for India to be recognised by World Boxing for hosting such prestigious events. This opportunity not only highlights India's organisational excellence but also underscores our unwavering commitment to ensuring boxing remains an integral part of the Olympic movement," BFI President Ajay Singh said.
"We are honoured to contribute to the sport's legacy and look forward to welcoming the global boxing community to India in 2025," Singh added.
The date of the tournament will be confirmed in January.
The first World Boxing Cup of the year will be held in Brazil in March, followed by competitions in Germany, Kazakhstan and India.
"After the huge success of our first World Boxing Cup series in 2024, it is fantastic that we have four such strong bids to host the competition in 2025. I would like to thank the National Federations of Brazil, Germany, Kazakhstan and India for their ongoing support and commitment," World Boxing President Boris van der Vorst said.
"I am also very grateful to the Boxing Federation of India for its ongoing support in bidding to host both a World Boxing Cup and our next Congress in 2025 in New Delhi," he added.
WB is a breakaway international federation aiming to secure recognition from the International Olympic Committee (IOC) and ensure that boxing remains on the Olympic roster.
Formed in April last year after the IBA was stripped of its status, WB has reached 60 members as the IOC is expected to take a call on the recognition early next year.
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Power tariffs under BESCOM to rise from May 1
Bengaluru (PTI): Power bills for consumers under the Bangalore Electricity Supply Company Limited (BESCOM) will go up from May 1, following an order issued by the Karnataka Electricity Regulatory Commission (KERC) on Friday.
The hike comes after KERC allowed the BESCOM to recover a revenue deficit of Rs 2,068 crore incurred in 2024-25, from the consumers.
As a result, for every unit of electricity consumed in 2024-25, the customers will be charged an additional 56 paise, it said.
"BESCOM shall calculate, for each of the active consumers of FY2024-25 the amount to be recovered based on their actual energy consumption during FY2024-25. Such amount shall be recovered during FY 2026-27 in equal monthly instalments, to be called as 'FY25 True up Charges', commencing from the first meter reading date falling on or after 1 May 2026 and concluding with the reading date ending on 30 April 2027," the order said.
"It is further ordered that BESCOM shall maintain a separate head of account, allocated for the purpose, to record the adjustment of the said amount to ensure full recovery of the deficit," it added.
Similarly Chamundeshwari Electricity Supply Corporation Limited (CESC) has also recorded a revenue deficit of Rs 121.71 crore and can collect an additional 15 paisa per unit for consumption in 2024-25, official sources said.
