New Delhi: India's economic growth dropped to a seven-year low of 5 per cent in the April-June quarter of 2019-20 due to a sharp deceleration in the manufacturing sector and sluggish agriculture output, according to official data released on Friday.

Finance Minister Nirmala Sitharaman today announced a big consolidation of public sector banks: Indian Bank to be merged with Allahabad Bank; PNB, OBC and United Bank to be merged (PNB will be the anchor bank); Union Bank of India, Andhra Bank and Corporate Bank to be merged; Canara Bank and Syndicate Bank to be merged. In place of fragmented lending capacity with 27 public sector banks in 2017, now there will be 12 public sector banks post the latest round of consolidation of PSU banks.

 The Supreme Court Friday asked the Uttar Pradesh government to produce before it during the day the woman law student who had gone missing after levelling harassment allegations against former Union minister and BJP leader Swami Chinmayanand, and was found in Rajasthan.

Battling depression, a 25-year- old aspiring actress allegedly ended her life on Friday by jumping off the terrace of a high-rise building here, police said.

A Delhi Court extended by three days the CBI custody of P Chidambaram, arrested in a corruption case arising from the INX Media scam. He will be in the CBI custody till September 2.

In an unprecedented action, an 11-judge bench of the Patna High Court on Thursday "suspended" an order passed by a single judge which was critical of the judiciary.

The unemployment rate among women in India is more than double of that of men with similar qualifications, a new study has revealed. 

Congress leader Priyanka Gandhi Vadra attacked the government on Friday over an RBI report showing bank frauds have gone up by 15 per cent year-on-year in 2018-19, asking who is the guarantor allowing such "big bank frauds".