| Despite Betting on Aerie, American Eagle's Margins Decline on Markdowns
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 American Eagle is betting its future on the rollout of the Aerie lifestyle brand and as a leader on inclusivity, but the retailer's progress hit a snag in the third quarter as both gross profit and operating income fell, according to the company's quarterly earnings report. The retailer's gross profit margin for the quarter ended...
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| Firoz Khan will remain part of BHU's Sanskrit department, language belongs to everyone: HRD Minister
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| Human Resource Development Minister Ramesh Pokhriyal Nishank on Thursday told Lok Sabha that Firoz Khan, an Assistant Professor, was in Banaras Hindu University's Sanskrit department and will remain there.Nishank made the remarks during a debate on the Central Sanskrit Universities Bill in Lok Sabha."Firoz Khan is in the Sanskrit department, and will remain there," he said.The minister was responding to concerns of some Opposition members over the controversy related to his appointment."Sanskrit is everybody's language," the minister said.There was a protest by students in BHU over Khan's appointment in the faculty of Sanskrit Vidya Dharma Vigyan (SVDV).Khan resigned from his post at SVDV and joined the Arts Faculty of the University after which the sit-in protest ended.
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| Flight operations impacted at Delhi Airport due to heavy rains
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| Some flight operations have been impacted at the Delhi Airport due to heavy rains.A post on the official Twitter handle of Delhi Airport read: "Update issued at 2200 hours: Due to heavy rains and strong wind, some flight operations at #DelhiAirport are impacted. For further info, get in touch with the airline concerned. Any inconvenience caused to flyers is regretted."Air India stated that due to heavy rain and consequent congestion at the Airport, some fights have been diverted and held up at Delhi."Due to heavy rains and consequent congestion over Delhi Airport, following flights are diverted and held up at Delhi: A) Diverted to Jaipur - AI-687 BOM/DEL, AI-701 CCU/DEL. B)Held Up at Delhi - AI-013 DEL/AMD, AI-473 DEL/BBI, AI 939 DEL/BAH," tweeted Air India.
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| CBI registers case against Mumbai-based jewellery company, directors
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| The Central Bureau of Investigation (CBI) has registered a case against a Mumbai-based private jewellery company, its three directors and others, including unknown public servants, on a complaint from a bank.In a press note, the CBI said, "It was alleged that the said company availed cash credit facilities to the tune of Rs 578.50 crore under consortium banking arrangement from eight banks and cheated them by way of forgery and using forged documents. This caused wrongful loss to these banks of about Rs 568.52 crore approximately."Searches have been conducted today at 13 places including office and residential premises of the accused and others in Lonavala in Maharashtra, which led to the recovery of various incriminating documents, the CBI said.The investigation is continuing, the Central probe agency added.
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| Local Assamese channels under Centre's watch
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 On Wednesday night, shortly after the parliament cleared the bill and reports of violence from Assam started coming in, the ministry issued an advisory to all private TV channels asking them to desist from broadcasting content that could incite violence or cause law and order problems.
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| CAB will not be implemented in Kerala, says Chief Minister
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 The Congress-led United Democratic Front (UDF) also held a protest against the CAB and various other issues, including price hike of essential commodities, in front of the state Secretariat, which was inaugurated by leader of the opposition in the state assembly Ramesh Chennithala.
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| Chevron Approves $5.7B Deepwater Gulf Of Mexico Oil Project
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| Chevron said on Thursday it had approved the development of a deepwater high-pressure oil project in the Gulf of Mexico, which will require US$5.7 billion investment for the initial development, in the industry's first such deepwater high-pressure project to have reached a final investment decision (FID). Chevron sanctioned the development of the Anchor field in the Green Canyon area, some 140 miles off the coast of Louisiana, in water depths of approximately 5,000 feet. During the first development stage, the project will consist of…
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