Watch the Olympics live streaming free on Youtube - at the official IOC channel. In a historic move - IOC will be providing live coverage of many events for the first time on Youtube. In Beijing - some feeds and clips had been provided online officially.
ESPN Star Sports meanwhile will be covering the Olympics live on cable TV in India. For those who dont have cable access - the live streaming of the games on Youtube is a blessing for sports lovers.
The IOC channel wil provide 2200 hours of Olympics coverage in 64 countries. There will be many featured interviews of athletes - so one doesnt have to rely on twitter for up-to-date information!
Here is the link to the official IOC Olympics channel.