Zee Business brings you the most important stories tonight with the latest developments. 

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Top five stories of this evening:

1. Nifty slips below 8,950, PSU banks show strength 

2. Govt may discontinue LPG Subsidy for non-BPL families 

3. BHEL Q1 beats estimates, PAT zooms 54%, share jumps by 16% 

4. SpiceJet surges 20% on strong profit 

5. iPhone 7 may cost Rs 53K, iPhone 7Plus  Rs 61K: Sources

Watch the top news headlines video report here-