Airtel Payments Bank has become the first payments bank in India to integrate the Unified Payments Interface (UPI) on its digital platform.

The Prime Minister Narendra Modi has launched the ‘Saubhagya’ (Sahaj Bijli Har Ghar Yojana) scheme to provide subsidy on equipment like transformers, meters, and wires and is expected to cover allrural families after expected electrification of all villages by the end of 2018.Note:The total outlay for the Saubhagya scheme will be Rs 16,320 crore.

The 60-megawatt Tuirial Hydroelectric power project has been inaugurated by PM from Aizawal, Mizoram. Now Mizoram has become third power-surplus state in North-East after Sikkim and Tripura.Note: Tuirial Dam is an earth fill and gravity dam near Kolasib in the state of Mizoram in India.

The French film on AIDS “120 Beats Per Minute”, directed by Robin Campillo, has been awarded the ‘Golden Peacock Award’ for the best film at International Film Festival of India-2017 (IFFI) held in Goa. The Film’s Actor Nahuel Perez Biscayart won the Silver Peacock Award in the best actor male category.

Pluto Exchange, a Dubai-based Cryptocurrency Dealer has launched the India’s first mobile ‘Bitcoin trading app’ fortransacting in virtual currencies. Users of Pluto Exchange’s app will be able to buy, sell, store and spend bitcoins via mobile number using four-digit Personal Identification Number (PIN).

The Reserve Bank of India (RBI) Governor Urjit Patel has been appointed as member in ‘Financial Stability Institute Advisory Board’ of ‘Bank ofInternational Settlement (BIS)’. The Advisory Board will comprise a small but diverse group of central bank Governors, heads of financial sector supervision and chairs of standard-setting bodies and regional supervisory groups.Note:The ‘Financial Stability Institute Advisory Board’ of BIS assists financial sector authorities worldwide in strengthening their financial systems.

Hyderabad (Telangana) is situated on the banks of river Musi.Musi Riveris a tributary of the Krishna River in the Deccan Plateau flowing throughTelanganastate in India.Hyderabadstands on thebanks of Musi river, which divides the historic old city and the new city. HimayatSagar and Osman Sagar are dams built on it which used to act as a source of water for Hyderabad.