Date: 2/26/2019

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  • Former Sri Lanka Cricket captain Sanath Jayasuriya has been banned from all cricket for two years after he admitted of breaching two counts of the ICC Anti-Corruption Code.
  • ICC said in a statement today that Mr Jayasuriya, admitted to being in breach of the provisions for failure or refusal to cooperate in investigations and obstructing or delaying it.
  • It said the conviction demonstrates the importance of participants in cricket cooperating with investigations and these rules are essential to maintain the integrity of sport.
  • The statement said the conviction is the latest part of a much broader ICC investigation into corruption in cricket in Sri Lanka. It said the ICC recently held an amnesty in relation to Sri Lankan Cricket resulting in eleven players and other participants coming forward with new information.
  • Sri Lankan cricket has been under investigation by ICC for last few years and Mr. Jayasurya was served a notice few months back.
  • The former captain served as chair of selection committee during 2016-17 during which team performance dipped and has remained uneven since then.
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  • Seeking to curb excessive salary payout practices, the Reserve Bank has proposed strict compensation norms for senior officials of private as well as foreign banks, including minimum 50 per cent variable component and money clawback provisions.
  • Floating a discussion paper, the central bank has also proposed that variable pay of CEO and whole-time directors, among other key personnel, should be "capped at 200 per cent of fixed pay".
  • Earlier variable pay was capped at 70 per cent of fixed pay but did not include Employee Stock Option Plan (ESOP). High pay packets and excessive risk-taking ways in the banking industry have been under the scanner ever since the global financial crisis of 2008.
  • Employees were too often rewarded for increasing short-term profit without adequate recognition of the risks and long-term consequences for their organisations.
  • The latest discussion paper proposing changes to compensation norms comes more than seven years after the Reserve Bank of India (RBI) issued such guidelines for private and foreign banks.
  • "These (2012) guidelines are being reviewed, with an objective to better align with FSB (Financial Stability Board) Principles and Implementation Standards, based on experience and evolving international best practices," the RBI said.
  • Apart from CEOs and whole-time directors, the proposed changes in compensation would be applicable for "material risk takers and control function staff".
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  • Indian Air Force conducted airstrikes at the biggest terror camp of Jaish-e-Mohammed (JeM) in Balakot in the Pakistan Occupied areas of Jammu and Kashmir in the wee hours 26th Feb
  • Credible information was received that JeM was attempting other attacks in the country. A pre-emptive strike became important. India struck the biggest camp of JeM in Balakot, briefing media in New Delhi, Foreign Secretary Vijay Gokhale said.
  • He said, the airstrikes were a non-military pre-emptive action and they were conducted in a thick forest area to avoid civilian casualties.
  • The camp was led by Maulana Yusuf Azhar alias Ustad Ghauri, brother in law of JeM Chief Masood Azhar.
  • Foreign Secretary Vijay Gokhale said, large number of JeM terrorists, trainers, senior commanders were eliminated in largest JeM camp in Balakot. Camp was led by Maulana Yusuf Azhar alias Ustad Ghauri, brother in law of JeM Chief Masood Azhar,
  • On 14 February 2019, a suicide terror attack was conducted by a Pak based terrorist organization Jaish-e-Mohammad, leading to the martyrdom of 40 brave jawans of the CRPF.
  • JeM has been active in Pakistan for the last two decades, and is led by Masood Azhar with its headquarters in Bahawalpur.
  • JeM, which is proscribed by the UN, has been responsible of a series of terrorist attacks including on the Indian Parliament in December 2001 and the Pathankot airbase in January 2016
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  • Dr Divya Karnad, a 33-year-old PhD in marine fisheries management from Rutgers University, New Jersey, USA, who is also an assistant professor of Environment Studies at Ashoka University.
  • She is a Wipro Sustainable Fellow and her brain child, InSeason Fish, a sustainable seafood initiative based in Tamil Nadu, and Young Women in Conservation programme among other marine conservation programmes enabled her to win the prestigious 50,000 euro award.
  • Dr Divya Karnad was chosen from a list of 125 global applicants by an international jury consisting of global conservationists.
  • The key focus areas of her work include, marine conservation of endangered species of Olive Ridley turtles, sustainable fishing practices, reduction in bycatch of endangered sharks along Coromandel coast and establishing linkages between sea food consumers and fishermen.
  • Speaking on her stellar achievements, Simon Stuart of the International Selection Committee said, " Divya is clearly an outstanding leader and has already initiated an impressive number of programmes and organisations focussed on marine species conservation in India.
  • She is now giving her attention to multiple globally threatened shark species, working with an impressively wide array of stakeholders."

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