State-run Indian Railway
Catering and Tourism Corp's (IRCTC) initial public offering
(IPO) to raise 6.45 billion rupees ($90.89 million) was
subscribed nearly 112 times by the end of the book-running
process, stock exchange data showed.
Slovenia, reeling from the
collapse of its only carrier, said on Thursday it had passed
legislation to allow the government to subsidise some national
air routes that might not otherwise be served by commercial
U.S. President Donald Trump
will unveil an executive order on Thursday aimed at
strengthening the Medicare health program for seniors by seeking
to improve its fiscal position and offer more affordable plan
options, administration officials told Reuters.
The European Union's securities
watchdog said the bloc's market abuse rules may need tightening
to cover trading linked to illegitimate double tax reclaims,
currently the subject of Germany's biggest fraud trial.
The European Union's
(EU) top court ruled on Thursday in favour of Polish consumers
who took out mortgages in Swiss Francs, allowing them to ask
Polish courts to convert the loans into the local currency in a
blow for lenders.