7 out of 10
What is it? Countries which voted in favour of the motion at the International Cricket Council (ICC) to remove the ‘Big Three’ model of revenue-sharing between member country cricket boards and the ICC, introduced in 2014.
Why is it important? The vote, in line to get ratified in ICC’s April board meeting, will replace the Board Of Control For Cricket India’s (BCCI) claim to ICC’s highest revenue share. The ICC will likely move towards a more equitable distribution of its earnings among member countries, away from the controversial rule implemented in 2014 that gave India the lion’s share of 20.3% of ICC global revenues, followed by England 4.4% and Australia 2.7% in the 2015-2023 revenue cycle. The rule was based on the argument that these three were more influential in the game and brought in more revenue for the ICC.
Tell me more: India’s old ally Bangladesh and the other two beneficiaries voted against while Sri Lanka was the only country to vote with India, for the Big Three. Zimbabwe did not vote.
What is it? The number of days O Panneerselvam held office as chief minister of Tamil Nadu after the death of his predecessor J Jayalalithaa
Why is it important? Panneerselvam’s resignation from his post on Sunday to let VK Sasikala succeed him comes amidst widespread frustration in the state. In his brief stint as chief minister, Panneerselvam had gained respect for his refreshingly different approach from the autocratic style of Jayalalithaa and for the way he handled the aftermath of cyclone Vardha and protests over Jallikattu. Sasikala, on the other hand, has no experience in administration, has not won any election so far, and faces a court case over accumulating disproportionate wealth.
Tell me more: Panneerselvam’s earlier terms as chief minister lasted longer. He held the office for 161 days after Jayalalithaa was forced to resign by the Supreme Court in 2001, and for 235 days after Jayalalithaa was sent to prison by a special court in 2015.
Rs 60,000 crore
What is it? The annual cost of Delhi’s traffic congestion.
Why is it important? Preventing traffic congestions in Delhi could mean saving Rs 60,000 crore for a region which contributes over 4.12% to the country’s GDP. The stakes could even increase to Rs 98,000 crore by 2030 according to a study by IIT Madras, as fuel wasted in idling vehicles, productivity loss, injury from air pollution and road accidents compound the loss further.
Tell me more: Productivity loss on bus commutes was found toconstitute 75% of the total cost and dedicated bus lanes could shave off 50% from the future economic toll traffic would take.
What is it? The number of migrants intercepted by the Libyan coast guard off its shores through last week.
Why is it important? Shows Libya is taking efforts on its own to curb the flow of illegal migrants, leaving their sub-Saharan countries for European shores. The migrants from last week are a fraction of the number of migrants pouring in Libya to travel onwards. Opportunist human smugglers have made Libya a hotbed of abuse and exploitation, with many migrants dying on the sea due to inhuman conditions of transport. The numbers have made European countries offer Libya aid to try and curb such entries.
Tell me more: Libya became the entry-hub for illegal migrants looking to cross the Mediterranean over to Europe after Turkey andGreece shut off theirs.
What is it? The number of times the winner of Directors Guild of America Award for directing a feature film did not go on to win an Oscar the same year since its inception in 1948
Why is it important? This year, Directors Guild award went to Damien Chazelle who directed La La Land, a musical starring Ryan Gosling and Emma Stone – indicating that the much coveted Academy Award will also go to him. La La Land which first hit the cinemas in November has 93% on movie rating aggregation site Rotten Tomatoesand has earned $223.5 million at the box office
Tell me more: La La Land has won 14 Oscar nominations. The winners will be announced on 26th February during the awards ceremony at the Dolby Theatre in Hollywood, California.