The Asian Olympic Council has announced that the Asian Games 2022, to be held in Hangzhou, China in September, has been postponed to 2023 due to the rising COVID-19 cases in the country.
India topped the list in the world receiving USD 89 billion in remittance followed by Mexico at USD 54 billion, and China at USD 53 billion last year. The officially recorded remittance flows to low- and middle-income countries (LMICs) are expected to increase by 4.2 percent this year to reach USD 630 billion.