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RBI to inject Rs 12,000 crore liquidity on November 15

RBI to inject Rs 12,000 crore liquidity on November 15

Finance
MUMBAI: The Reserve Bank Tuesday announced it will inject Rs 12,000 crore into the system through purchase of government securities on November 15. "Based on an assessment of prevailing liquidity conditions and also of the durable liquidity needs going forward, the RBI has decided to conduct purchase of the following government securities under Open Market Operations for an aggregate amount of Rs 120 billion on November 15, 2018 (Thursday)...," it said in a statement. The OMO operation will help ease tight liquidity situation triggered by series of default by group companies of IL&FS. The eligible participants should submit their offers in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on November 15. The result of the auction will be announced...
Many U.S. pharmacies don't offer opioid overdose antidote

Many U.S. pharmacies don't offer opioid overdose antidote

Health
Nov. 13 (UPI) -- Many pharmacies don't offer the drug that can save the lives of people suffering from opioid overdoses, according to three new studies. A recent study published in the Journal of the American Medical Association on Tuesday reported 25 percent of pharmacies it surveyed in Texas didn't have naloxone in stock, even as the National Institute on Drug Abuse reports that more than 115 people die each day from opioid overdoses. The drug reverses the effects of opioid overdose, but 84 percent of Texas pharmacies would give out the drug to customers without a prescription. "More naloxone in the hands of friends and family can save lives," researchers wrote in a new survey of Texas pharmacies. One reason for reluctance on behalf of some pharmacies to give out naloxone could stem fr...
Airbus delivers first A330 tanker aircraft to South Korea

Airbus delivers first A330 tanker aircraft to South Korea

Business
Nov. 13 (UPI) -- The first Airbus A330 Multi Role Tanker Transport aircraft for the Republic of Korea Air Force has landed at Gimhae Air Base in Busan, South Korea for acceptance tests. The Airbus and ROKAF crewed aircraft arrived in South Korea after ferrying from the Airbus Final Assembly Line in Getafe, Spain, with a stop in Vancouver, Canada, the company said in a press release on Tuesday. The plane will undergo ground and flight testing before acceptance by the ROKAF with an Airbus team present to provide technical support and advice during the trials until the plane is officially handed over to South Korea. The Airbus A330 Multi Role Tanker Transport is a derivative of the A330-220 civilian airliner designed for aerial refueling of other aircraft and cargo and personnel transport. T...
Telecom Italia ousts CEO in long-running boardroom battle

Telecom Italia ousts CEO in long-running boardroom battle

Technology
A long-running board room battle in Italy's legacy telecoms provider, Telecom Italia, has culminated with the ouster of CEO Amos Genish, effective immediately. Telecom Italia said in a statement Tuesday that the board will meet Sunday to name a new CEO. It gave no further explanation for the move. Shares in the company sank 1.5 percent to 0.52 euros. U.S. activist hedge fund Elliot Management, which won control of the Telecom Italia board in May from French media group Vivendi, had at the time expressed full support for Genish. Genish had been brought into the company by Vivendi. The shake-up comes as the Italian government sets its sights on legislation merging the company's fixed-line assets with the broadband network of a smaller rival, Open Fiber.Let's block ads! (Why?) ABC News: Te...
Badger culling has 'modest' effect in cutting cattle TB

Badger culling has 'modest' effect in cutting cattle TB

Science
An independent scientific review has said that badger culling can have a "modest" effect in reducing cattle TB.But it adds that the policy would lead to more than 40,000 badgers being culled a year.The report says that such high levels of culling may not be publicly acceptable.The authors urge the government to accelerate the development of non-lethal controls, such as vaccination.The findings were published in a review led by Prof Sir Charles Godfray of Oxford University.But one expert said the report had little to say about the effectiveness of the current badger culls.The report was commissioned by Michael Gove, Secretary of State for Environment, Food and Rural Affairs, in February. He asked an independent group of scientist...