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India's last Olympic gold-medal winner, Abhinav Bindra, recently pointed to United Kingdom's spending on athletes at the Rio Olympics, emphasising the money needed to convert performance into medals.

An IndiaSpend analysis of spending on Olympics in particular, and sports in general, reveals that India spends roughly a third to a fourth of the money spent by the UK, which won 67 medals, compared to India's two -- and central funding to sports federations is falling.

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Olympic silver medal winner P.V. Sindhu arrived in Hyderabad on Monday to a hero's welcome.

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Rain drenched Rio partied and brought out the myriad and diverse culture of Brazil, saluting the nation's music maestros, traditional arts and dance forms, as the 31st Olympic Games - the first in South America - drew to a colourful close here on Sunday.

Tradition and modernity merged during a nearly three-hour-long closing ceremony, watched by over 60 thousand people at the historic Maracana stadium, and millions across the globe on television, with the nagging showers and a strong wind failing to dampen the spirits of the 11 thousand odd athletes who mingled freely in the true spirit of Olympic camaraderie and big farewell to each other cutting across national barriers.

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Brazil finally won their first gold medal in three consecutive finals by beating Italy 3-0 (25-22, 28-26, 26-24) in the men's volleyball tournament of the Olympic Games, while the United States took the bronze medal at the Maracanazinho.

After coming up short in the last two editions of the Olympics as runners-up in Beijing 2008 and London 2012, the Brazilians on Sunday captured their third gold medal in the history of the competition.

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The members of Brazil's football team, led by star Neymar, dyed their hair gold and got Rio 2016 tattoos featuring the Olympic rings to celebrate their maiden gold medal win.

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The United States won a third consecutive Olympic gold medal in Men's Basketball as they beat Serbia 96-66 in the final of the Rio Olympics.

This was the last gold medal on offer at the 2016 Rio Games on Sunday and the 25th Olympic victory of the US, which also had perfect 8-0 records in 2008 Beijing Olympics and in London in 2012.

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American Claressa Shields and Netherlands’ Nouchka Fontijn were first into the ring, both with an added incentive to win besides the glory of Olympic gold. For Shields, the prospect of retaining the title she won in London 2012 and firmly underlining her dominance of the Middleweight (75kg) class over the last four years, while Fontijn was eager to erase the memory of her World Championship final defeat to the American in May.

As ever, Shields’ attacking instinct was clear from the opening bell, launching bursts of punches that Fontijn struggled to fend off. As Netherlands’ top female boxer came forward, Shields defences stayed strong, dodging some fierce punches to help establish a commanding lead at the halfway stage. With the first three rounds won, the defending champion remained focussed, and though Fontijn won the last two minutes, Shields had already earned a unanimous victory and a place in American boxing folklore.

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