Jet Airways is looking to lease around 20 Airbus A320 aircraft from lessors by 2024, aiming to restart operations and fly international routes in the next year and a half.

Sources said that the A320 aircraft will be a mix of the Ceo and more fuel-efficient Neo variant and will primarily be aircraft initially intended for Russian airlines. The aircraft could not be delivered as Airbus, Boeing, and western lessors have sanctioned Russia due to the Ukraine invasion.

The rupee depreciated 9 paise to 79.04 against the US dollar in opening trade on Tuesday, weighed down by persistent foreign funds outflows.

At the interbank foreign exchange, the rupee opened at 79.04 against the US dollar, registering a decline of 9 paise over the last close.

On Monday, the rupee had closed at 78.95 against the US dollar.

Within days of the Navy opening registrations for the Agnipath recruitment scheme, around 10,000 females have registered themselves for the programme.

For the first time ever, the Indian Navy is allowing women to be recruited as sailors in the force who would also be deployed on warships as per operational requirements.

The Delhi Assembly on Monday passed bills pertaining to over 66 per cent hike in salaries and allowances of its members, the first raise in last 11 years for the legislators who are considered the lowest-paid lawmakers in the country.

Five different bills were tabled for the hike in salaries of ministers, MLAs, chief whip, Speaker and Deputy Speaker, and Leader of Opposition in the Assembly, which were passed by the members.

Prime Minister Narendra Modi on Monday said the bus accident in Himachal Pradesh's Kullu is heart-rending and announced Rs 2 lakh each for the next of kin of those who have lost their lives in the incident.

A private bus fell into a gorge in Himachal Pradesh's Kullu district on Monday, leaving 16 people, including some school children, dead, a senior official said.

The Enforcement Directorate on Sunday said it has attached assets worth Rs 400 crore in connection with two separate money laundering cases pertaining to bank and lottery frauds in Tamil Nadu.

In the first case, the ED attached property worth Rs 234.75 crore belonging to Saravana Stores (Gold Palace), Chennai.

Prime Minister Narendra Modi on Monday left for Andhra Pradesh's Bhimavaram to attend the 125th birth anniversary celebrations of freedom fighter Alluri Sitarama Raju.

Prime Minister will also unveil a 30-feet tall bronze statue of Alluri Sitarama Raju on the ocassion.

Coal India Ltd floated its first import tender on behalf of power companies, where Adani Enterprises Ltd came out to be the lowest bidder, a report in The Economic Times said. The company quoted Rs 4,033 crore for the supply of 2.416 million tonnes of coal on a freight-on-road (FOR) basis, the report added.

Behind Adani were Mohit Minerals and Chettinad Logistics, who quoted Rs 4,182 crore, and Rs 4,222 crore, respectively, the report said. The bids opened on Friday.

Hindustan Motors (HM), the erstwhile maker of the iconic 'Ambassador' cars, expects to set up a new joint venture with a European partner to manufacture electric two-wheelers by next year, a senior official said.

It might look at making electric four-wheelers at a later date, he said.

Ola founder has said granting special incentives to Tesla in India was not be in the best interests of the country, as the government has been working to accelerate the growth of homegrown champions in the electric vehicle (EV) sector, the Financial Times reported.

Bhavish Aggarwal, chief executive of SoftBank-backed Ola, along with a handful of other companies, including Mukesh Ambani’s Reliance Industries and Hyundai, recently won a tender under India’s $2.4-billion programme to boost local battery cell production.

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