Australia to remove tariffs on Indian goods, IndiGo's Rs 458 cr tax penalty, & more - Groww Digest
Tuesday, 30 December 2025
Markets opened below yesterday’s closing point.
Metal stocks and PSU bank stocks rose the most today. Realty stocks and consumer durables stocks fell the most.
Global markets: US markets and most Asian markets fell. European markets rose (as of 6 pm IST).
News
Australia will remove tariffs on 100% of Indian exports from 1 Jan 2026 under the India-Australia Economic Cooperation and Trade Agreement: Minister of Commerce and Industry Piyush Goyal
The Ministry of Defence signed contracts worth Rs 4,666 crore for the procurement of Close Quarter Battle Carbines and Heavy Weight Torpedoes.
Horizon Industrial Parks applied for a Rs 2,600 crore IPO with SEBI.
Stocks Updates
Power Grid: declared a successful bidder for a 150 MW battery energy storage project at Kalikiri substation in Andhra Pradesh.
Vodafone Idea: received a GST order from Patna authorities imposing a Rs 36.67 crore tax, interest and penalty demand, which it will challenge.
Muthoot Finance: invested about Rs 500 crore in its wholly-owned NBFC subsidiary, Muthoot Money Ltd.
Hitachi Energy: received 2 GST orders for FY22 from Karnataka and Tamil Nadu authorities with combined tax, interest and penalty demands, which it will challenge.
InterGlobe (IndiGo): received a GST assessment order for FY18-23 imposing a Rs 458.26 crore penalty over tax and input tax credit issues, which it will challenge.
Lupin: will close its VISUfarma Netherlands acquisition deal by 28 Feb 2026.
Eicher Motors: company subsidiary ‘VE Commercial Vehicles’ received a GST demand order of Rs 96.18 crore plus equal penalty and interest for FY17-18 from the Ujjain authority, which it will challenge.
Word of the Day
Yield to Maturity (YTM)
It is the total return you can expect if you buy a bond and hold it until it matures
It assumes that all interest generated is reinvested in the same bond till its maturity.
A higher YTM usually means more profit, but it can also mean higher risk.
YTM helps you compare how much you could earn from different bonds.
It considers the bond’s current market price, face value, coupon interest payments, and the time remaining until maturity.
If you sell the bond before it matures, your actual return might be different..
6 Day Course
Theme: selling strategies
Day 2: Tuesday
Let’s say one investment has given really good returns.
Usually, this could be because of overvaluation of that investment. It has reached great levels and many believe that the price will fall from there.
In such cases, an investor wants to sell and book profits.
The simplest strategy is to just sell it all in one shot.
But investors always want more returns.
Yes, the price has reached a certain high. But what if it rises further? Overvalued assets can continue rising and become even more overvalued.
So in such cases, the selling strategy is to sell in tranches.
The investor can sell some portion of his total investments in that asset. Then, after some time, if the price rises further, he can sell some more. And so on.
This way, an investor can book some profits while allowing room for possible future growth.
Featured Question
Q. “Does it make sense for a retired person with sufficient funds invested in various assets to take fresh health insurance?”
For retired persons above a certain age, the insurance premium is much higher.
This can lead to some people questioning if they should buy insurance or not.
Since the premium is much higher for the same coverage amount, this is not always an easy question to answer.
Individuals must choose carefully if the insurance makes sense for their particular health status.
If the illnesses that are not covered are the ones that the person might be affected by, it does not make sense to take insurance.
Or, if there are long waiting periods for certain illnesses to be covered, it might also not make sense.
If the premium is just too high compared to the coverage, it might just be better to pay cash for the healthcare expense.
In many cases though, the insurance makes sense even after accounting for the higher premiums.
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