The Reserve Bank of India (RBI) has imposed monetary penalties on HDFC Bank and Punjab & Sind Bank for non-compliance with its regulatory guidelines, according to the press statement issued by the RBI on Wednesday (March 26). While HDFC Bank is slapped with a ₹75 lakh penalty for violations related to KYC norms, Punjab & Sind Bank was fined ₹68.2 lakh for lapses in reporting large exposures and maintaining basic savings accounts.

Leader of Opposition Rahul Gandhi on Wednesday claimed that he was not being given a chance to speak and the House was being run in an "undemocratic manner".

His remarks came after Lok Sabha Speaker Om Birla asked him to follow the rules of procedure that members are expected to observe to uphold the dignity of the House. It was not immediately clear what was the reason for the Speaker to make the observation.

India's IndusInd Bank garnered $2 billion in higher-cost bulk deposits in March, its biggest monthly haul in at least two years, as the lender shored up its funding base after disclosing accounting lapses.

The country's fifth-largest private sector bank flagged earlier in the month a $175 million hole in its balance sheet, citing accounting discrepancies in its derivatives portfolio.

Larsen & Toubro (L&T) has secured an offshore contract from QatarEnergy LNG for the North Field Production Sustainability Offshore Compression Project (NFPS COMP 4), the company said in an exchange filing on Wednesday. The contract has been classified by 'ultra mega,' L&T's highest classification. While the exact amount has not been disclosed, orders falling under this classification start at Rs 15,000 crore, making it the largest single order in L&T’s history.

The suspended Congress MLAs, who were staging a sit-in the Well of the House protesting action against them, were forcibly evicted from the Assembly and dropped near the Congress Bhawan, a party leader alleged on Wednesday.

The MLAs were "forcibly evicted" from the Assembly on Tuesday night and they had to spend the night on the street at Master Canteen, he said.

Bharat Rashtra Samithi (BRS) Working President K T Rama Rao launched a scathing attack on the Congress-led Telangana government for prioritizing beauty pageants over addressing the "escalating crisis of farmer suicides in Telangana."

Speaking in the Assembly on Tuesday, KTR criticized the government's decision to spend Rs 55 crore on events like Miss World while claiming that farmers are struggling without drinking or irrigation water, according to a statement released by his office.

The Lok Sabha on Tuesday passed the Finance Bill, 2025 with 35 amendments. The amendments include one that abolishes a 6 per cent digital tax, popularly known as the 'Google Tax,' on online advertisements.

"I have proposed to remove the 6 per cent equalisation levy for advertisements. Equalisation levy on online advertisements to be abolished to address uncertainty in international economic condition," said Sitharaman while replying to the discussions on the Finance Bill 2025 in the Lok Sabha,.

Three members of the Supreme Court-appointed in-house committee on Tuesday commenced its inquiry into the alleged cash discovery row involving Delhi High Court judge Justice Yashwant Varma, sources said.

They said the three members -- Justice Sheel Nagu, Chief Justice of the High Court of Punjab and Haryana, Justice G S Sandhawalia, Chief Justice of the High Court of Himachal Pradesh, and Anu Sivaraman, Judge of the High Court of Karnataka -- reached Justice Varma's official residence at 30, Tughlak Crescent here.

BMW Industries shares jumped 9.9 per cent in trade on Tuesday, March 25, 2025, logging an intraday high at ₹49.51 per share on BSE. The stock was in demand after the company inked a Memorandum of Understanding (MoU) with the Ministry of Steel under the Production Linked Incentive (PLI) scheme 1.1 for specialty steel.

Larsen & Toubro on Tuesday announced its division L&T-Cloudfiniti has partnered with three leading Artificial Intelligence (AI) startups, including one based in Europe.

The partnerships have been established with Hanooman AI, CoRover, and Pidima AI.

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