Air India Ltd. is considering ordering as many as 300 narrowbody jets, according to people familiar with the matter, in what could be one of the largest orders in commercial aviation history as the formerly state-run airline looks to overhaul its fleet under new ownership.

The carrier may order Airbus SE’s A320neo family jets or Boeing Co.’s 737 Max models, or a mix of both, the people said, asking not to be identified because the discussions are confidential. A deal for 300 737 Max-10 jets could be worth $40.5 billion at sticker prices, although discounts are common in such large purchases.

As many as nine more persons died in Assam due to the flood, taking the overall death toll to 54, according to Assam State Disaster Management Authority (ASDMA) on Friday.

As many as 18.94 lakh people in 28 districts are affected by the flood situation.

The deaths were reported from Hojai, Nalbari, Bajali, Dhubri, Kamrup, Kokrajhar, and Sonitpur districts of Assam.

Gold prices rise on Saturday and witness an uptick of Rs 10. Ten gram of 24-carat gold is trading at Rs 51,110, whereas 10 gram of 22-carat gold is trading at Rs 52,110.

Silver, on the other hand, witnessed a drop of Rs 600. Silver is currently trading at Rs 60,900 per kg.

The price of ten gram of 24-carat gold in Delhi, Kolkata, and Bangalore is Rs 52,130, whereas, 10 gram of 22-carat gold is trading at Rs 47,790 in Delhi, Kolkata, and Bangalore.

Protests against the Centre's Agnipath scheme continued on Friday as scores of youngsters descended on the Yamuna Expressway and blocked traffic movement briefly, prompting Gautam Buddh Nagar police to lodge an FIR against 225 protesters and arrest 15, officials said.

They said eight police personnel and a driver of a privately-run bus suffered injuries in violence during the protest in Jewar area of the district, adjoining Delhi in western Uttar Pradesh.

Bank credit grew 13.1 per cent year-on-year (YoY) in the fortnight ended June 3, the highest in the past three years, the latest data released by the Reserve Bank of India (RBI) shows. Growth in bank credit in the previous year was 5.7 per cent.

At an event on Friday, Reserve Bank of India (RBI) Governor Shaktikanta Das said: “We are seeing reasonably satisfactory credit offtake happening. It is about 12 per cent YoY, according to the latest data. Last year, around this time, credit growth was 5-6 per cent.”

British premium motorcycle brand Triumph is bullish on the prospects offered by the niche two-wheeler segment in India over the next one year, a period during which the company aims at boosting its market share to 25 per cent from 22 per cent at present, a senior official said on Friday.

Triumph Motorcycles India has seen a growth of 30 per cent in the last 12 months, with sales of "a little over" 1,200 units, he said.

HDFC Life Insurance Company on Friday said it will raise debt capital of up to Rs 350 crore by issuing bonds on a private placement basis.

The Capital Raising Committee of the company's board approved a proposal for raising up to Rs 350 crore through issuance of 3,500 non-convertible debentures, HDFC Life said in a regulatory filing.

Prime Minister Narendra Modi will visit Gujarat on June 17 and 18 where he will inaugurate and lay foundation stone of development projects worth Rs 21,000 crores.

At around 9:15 AM on 18th June, the Prime Minister will visit and inaugurate the redeveloped temple of Shree Kalika Mata at Pavagadh Hill, which will be followed by his visit to Virasat Van at around 11:30 AM, according to a release by the Prime Minister's Office (PMO).

The Securities and Exchange Board of India (Sebi) has ordered attachment of bank accounts as well as share and mutual fund accounts of Aakruti Nirmiti Ltd and its directors to recover investors' dues totalling over Rs 95 crore.

The recovery proceeding has been initiated against them to recover Rs 95.81 crore, along with further interest, all cost, charges and expenses, Sebi said.

Ministry of Ports, Shipping and Waterways is financially supporting 45 Ro-Ro (roll-on-roll-off) ferry projects with total cost of Rs 1,900 crore, an official statement said on Thursday.

The ministry has operationalised Ro-Pax (roll-on-roll-off passenger) ferry service between Ghogha-Hazira in Gujarat and Mumbai-Mandwa in Maharashtra, it added.

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