In an effort to simplify payments for customers, Zomato, the online food delivery platform, has introduced its own unified payments interface (UPI) services in India. The company has collaborated with ICICI Bank to enable UPI payments on its platform. This move aims to enhance convenience and security for users during transactions. Zomato’s decision comes as merchant payments on UPI in India are expected to reach $1 trillion by FY26.
Instagram Faces Global Outage, Users Experience Glitches with Instagram Reels
Instagram, the photo-sharing platform owned by Meta, is currently experiencing an outage that is affecting users worldwide. According to reports from Downdetector, Instagram has been down since early morning, with numerous users encountering glitches while using Instagram Reels. Despite the widespread reports, Meta-owned Instagram has not yet acknowledged the issue publicly.
AWS Announces $12.7 Billion Investment in Cloud Infrastructure in India
Amazon Web Services (AWS), the cloud division of e-commerce giant Amazon, has revealed its plans to invest ₹1,05,600 crore ($12.7 billion) in cloud infrastructure in India by 2030. This significant investment aims to meet the growing demand for cloud services in the country. It is projected that AWS’s investment will contribute ₹1,94,700 crore ($23.3 billion) to India’s GDP by 2030 and generate a substantial number of jobs in Indian businesses.
India’s Ministry of Electronics and Information Technology Focuses on Cloud and Data Center Policy
The Ministry of Electronics and Information Technology (MeitY) in India welcomes AWS’s investment and emphasizes its active efforts in developing a Cloud and Data Center Policy. This policy aims to foster innovation, sustainability, and growth in India’s cloud industry, aligning with Prime Minister Narendra Modi’s Digital India vision. The Ministry recognizes the role of cloud and data centers in driving India’s technological advancement and economic growth.
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