Ticket revenues had initially been expected at about 90 billion yen ($815 million) but will now drop to virtually nothing.
The Tokyo Olympics were postponed last year and are now scheduled to take place from July 23. The state of emergency will come into force on July 12 and will remain till August 22.
UP CM Yogi Adityanath thanks the PM for promoting sports in the country
Public sentiment in the country has been generally opposed to holding the Tokyo Olympics and Paralympics, partly based on fears the coronavirus will spike as almost 100,000 people enter the city
New daily cases in the country have fallen as it begins making final preparations for the Olympics starting in just over a month
Olympic athletes were told that the waiver they must sign releasing Tokyo organisers from liability for Covid-19 issues was "standard practice" for major sports events
Covid-19 is still spreading but the games appear to be going ahead, in what would be the biggest world event of the pandemic era
The head of the Tokyo Olympics on Friday was again forced to assure the world that the postponed games will open in just over three months
A decision has not yet been reached on rerouting the Olympic torch relay later this month around the city of Osaka
Achanta Sharath Kamal on Thursday became the first Indian paddler to qualify for the Tokyo Olympic Games after win over Pak's Muhammad Rameez at the Asian Olympic Qualification tournament in Doha.
The Delhi government aims to host the 2048 Olympic Games and it will create whatever infrastructure and facilities required for it, Delhi Chief Minister Arvind Kejriwal said on Tuesday
The city will build adequate infrastructure and create an atmosphere where sports flourishes, Deputy Chief Minister Manish Sisodia said on Tuesday
A University of Oxford study says they are the most costly Summer Olympics on record
The International Olympic Committee (IOC) decided to temporally ban Belarusian President Alexander Lukashenko, also head of Belarus' National Olympic Committee (NOC), from the Olympic Games
A University of Oxford study published early this year calculated before the postponement said Tokyo was the most expensive Summer Olympics on record and the meter is still running.
Encouraged by progress this week in finding a Covid-19 vaccine and staging sports events in Japan, the IOC is getting more confident that next year's Tokyo Olympics can have fans in the venues
Tokyo 2020 spokesman Masa Takaya did not rule out the possibility of hosting the postponed Olympic Games behind closed doors while insisting that nobody wants to see the games without spectators.
In the first leg, the ministry has identified state-owned sports facilities in Karnataka, Odisha, Kerala, Telengana, Arunachal Pradesh, Manipur, Mizoram and Nagaland
'The IOC is committed to finding a solution with the least negative impact for the athletes,' a spokesperson said
The first edition of the competition will be held in Bhubaneswar from February 22 to March 1