Skip to main content

Featured Post

AMD to invest $400 million in India by 2028: Here’s what we know

US chipmaker Advanced Micro Devices said on Friday it will invest around $400 million in India over the next five years and will build its largest design center in the tech hub of Bengaluru. AMD’s announcement was made by its Chief Technology Officer Mark Papermaster at an annual semiconductor conference that started Friday in Prime Minister Narendra Modi’s home state of Gujarat. Other speakers at the flagship event include Foxconn Chairman Young Liu and Micron CEO Sanjay Mehrotra. Despite being a late entrant, the Modi government has been courting investments into India’s nascent chip sector to establish its credentials as a chipmaking hub. AMD said it will open its new design centre campus in Bengaluru by end of this year and create 3,000 new engineering roles within five years. “Our India teams will continue to play a pivotal role in delivering the high-performance and adaptive solutions that support AMD customers worldwide,” Papermaster said. The new 500,000-square-foot (55,5...

FM shares video of Oxen with QR code, showcasing country’s digital payments revolution

India’s Finance Minister Nirmala Sitharaman via Twitter has shared an interesting video showcasing the country’s digital payments revolution. In the video, we get to see a person scanning a PhonePe QR code attached to the head of an ox to give alms to a Gangireddulata.

In Andhra Pradesh and Telangana, Gangireddulata are a part of the Gangireddulavallu nomadic tribes, who visit peoples houses during the Sankranti festival along with their decorated bulls and seek alms by playing the Nadaswaram and dancing.

“Gangireddulavallu dresses up old oxen no longer helpful on farms, walk door to door during fests, performing with their nadaswarams,” explained Sitharaman in a tweet.

The dressed-up bulls are trained to dance or perform acrobatics to entertain the crowd, and help gather the most alms. The bulls are trained by experts from the Pooja Golla community. The community first acquires the bulls and train them, to ultimately help them in earning money, clothes and grains by performing at times like these.

How do QR code payments work?

QR codes can be scanned from both paper and screens. Payment apps like PhonePe, Google Pay and more assign a specific QR code to their users, which can then be scanned by others to send money to an account linked to the users bank account.

The post FM shares video of Oxen with QR code, showcasing country’s digital payments revolution appeared first on BGR India.



from BGR India https://ift.tt/3qaxcbG
via IFTTT

Comments