Moneycontrol Daily: Your Essential 7

The coming Friday, after a day of holiday, is going to be busy for the primary market in the SME segment as we will have four IPOs being launched for bidding on March 31. The market will remain shut on March 30 for Ram Navami. Read more here. 

Today:

• Deadline for tax-saving investments for FY 2022-23


• PMVVY pension scheme for senior citizens ends


• Gold jewellery with four-digit HUID hallmark not to be sold from today


• Banks' annual closing


• Last day for tax exemption on high-premium LIC policy


• Last day to provide details in form 12B (details of the salary from the previous employer) to the new employer


• Data releases: India Fiscal Deficit (Feb), India Forex Reserves, India Infrastructure Output (Feb), India Foreign Debt (Q4), UK GDP Q4, Eurozone CPI & Core CPI (March)


• IRCTC to start its helicopter service for Kedarnath Dham


• Railways' ‘Bharat Nepal Ashtha Yatra’ to begin


• IPL 2023: Gujarat Titans vs Chennai Super Kings at 7:30pm

• Nepal bans solo trekking for foreigners starting today


• PM Modi to attend Combined Commanders' Conference in MP


• PPI Wallet transactions of over ₹2,000 on UPI to attract 1.1% charge

Medicines Patent Pool (MPP), the United Nations-backed public health organisation, said on March 30 that it has entered into sublicencing agreements with three pharmaceutical companies - Aurobindo Pharma, Cipla, and Viatris - for the manufacturing of generic variants of ViiV Healthcare's long-acting medication for HIV prevention. Read more here. 

Sedan sales have dwindled in India to a point where there’s a question mark hanging over the segment, but Hyundai is bullish – it wants to sell twice as many of the new Vernas as it did the previous generation model, and it thinks the segment has scope to grow. To that end, it’s gone all out with the 2023 Verna, which is longer, wider and more packed with tech and features than its predecessors. Read more here. 

A new financial year is upon us. The start of a financial year is a good occasion to look at your investments and financial goals. Whether you have a loan or plan to take one, keep an eye on the Reserve Bank of India (RBI) policy announcement. Also, there are major changes in tax rules, in the withdrawal policy from the National Pension System (NPS), and for investments in post-office schemes and more. Read more here. 

A prominent tech ethics group filed a complaint on Thursday with the US Federal Trade Commission urging the regulator to halt further commercial deployment of new generations of artificial intelligence technology that powers the popular OpenAI Inc. tool ChatGPT. Read more here.

The biggest showpiece in cricket - the Indian Premier League - rolls into town once again, and everyone involved will be keen to make a mark. Five players may feel the glare of the spotlight a little more brightly than the rest. Read more here.