Topic
digital economy
UPI Hits Highest-Ever Monthly Transaction Value of Rs 29.88 Lakh Crore in July
India's UPI reached its highest-ever monthly transaction value of Rs 29.88 lakh crore in July, according to NPCI data. The platform processed 23.66 billion transactions, surpassing June's 22.72 billion and May's previous high. UPI is now operational in about 10 countries, expanding its cross-border footprint.
Trump Proposes Public Benefit from AI Industry Gains
Donald Trump has proposed that AI companies should 'give back' to the public, potentially through a government stake or public benefit mechanism. This comes amid growing scrutiny of AI's economic impact and discussions with tech leaders.
AirTrunk's $30bn India Data Centre Investment Boosts AI Growth
AirTrunk has announced a $30 billion investment to develop 5GW of data centre capacity in India by 2030. This move positions India as a key player in global AI and cloud infrastructure, supported by government initiatives and a skilled workforce.