On Sunday, Toyota Kirloskar Motor declared a 3.8% decline in its dispatches to dealers at 10,421 units in December 2022. The company had clocked wholesales of 10,834 units in December 2021, Toyota Kirloskar Motor (TKM) said. For the calendar year 2022, total wholesales were at 1,60,357 units as against 1,30,768 units in 2021, a growth of 23%.

Cardano presently trades at $0.2448. In the last 24 hours, the coin decreased by 0.13% and is down by 5.07% in the last seven days. The 9th largest cryptocurrency by market cap has a 24-hour trading volume of $150 Million, which is a 9.76% increase in the last 24 hours. ADA is currently moving in tandem with the rest of the market.

The CEO of Marcus Lightspark, David Marcus, predicted that the cryptocurrency winter would extend until 2024. According to him, Bitcoin and other cryptocurrencies won't be able to recover from the impact of "unscrupulous players'" behaviour until at least 2024. He said that if the recovery takes longer than expected, a brand-new, stronger industry will finally emerge.

India’s economic momentum post-Covid-19 has been the inheritance of its actions — it comes from a few years of the heavy lifting on policy. The story goes back to 2007 when the profit share of GDP was soaring. But the rise got arrested following a major move in policy via the Rural Employment Guarantee Act.

In comparison to the same month a year ago, Maruti Suzuki India Ltd. stated that total wholesales decreased by 9% to 1,39,347 units in December 2022. In the same month in 2021, the business sold a total of 1,53,149 cars. Last month, the total domestic wholesales were at 1,13,535 units.

The Securities Commission of the Bahamas claimed ownership of assets worth $3.5 billion that belonged to the defunct cryptocurrency exchange, however FTX denied this claim. The business stated in a statement that the exchange's digital assets were only worth $296 million when the Commission seized them in November.

Sajjan Jindal-led conglomerate JSW Group is considering a foray into the manufacturing of electric vehicles, as per the group's top official. The manufacturing of EVs is being discussed actively at the group level, and he said while divulging JSW Group's plan to expand its presence into more sectors. The group is looking to manufacture four-wheelers, Rao said.

On January 1, $80 million USDC was transferred to the Binance cryptocurrency exchange from a listed address that belonged to Justin Sun. Justin Sun has previously sent significant quantities of money to Binance. Lookonchain further claimed that he sent Binance $198 million USDC on December 27.

Zomato chief executive Deepinder Goyal urged customers to order in early to avoid the year-end rush and cautioned against a potential crash in its servers. He said, “45% up since last year, so far!! It seems like we will hit crazy milestones today. If we manage to stay alive. On December 31, 2021, Zomato delivered over 2 million orders. Goyal said he would also step out to deliver a few orders.

The Indian rupee declined over 11% in 2022 against the dollar — its poorest performance since 2013 and the worst defeat among Asian currencies — as the US Federal Reserve's aggressive monetary policy propelled the greenback. The rupee closed 2022 at 82.61 to the US dollar, down from 74.29 at end of 2021 as the US currency headed for its biggest yearly gain since 2015.

Shriram Finance Limited declared a rise in fixed deposit rates by 5 to 30 basis points across different tenures. It said that the NBFC would offer an additional interest of 0.50% per annum for senior citizens and an additional interest of 0.10% per annum for women depositors. Also, the company added an additional 0.25% rate per annum will be paid on all renewals.

Corporate tax collections surpassed 3% of the GDP after a gap of two years in 2021-22, reflecting overall improvement in India Inc profitability propelled by increased demand for goods and services. However, the corporate tax collection is yet to surpass its five-year high of 3.51% of GDP recorded in 2018-19.

Elon Musk was the second person to make a personal fortune of more than $200 billion in January 2021, months after Jeff Bezos. However, the Tesla CEO has now become the first to lose $200 billion from his net worth. Following a recession in the value of Tesla's shares, Musk saw his wealth recede to $137 billion after it peaked in November 2021, growing to $340 billion.

Watch out for these stocks in Monday's trading session - 👉 Adani Enterprises: Shares soared about 200% so far this year 👉 Reliance Industries: Will buy a 51% controlling stake in Lotus Chocolate Company. 👉 Tata Power: Announced the issue of 10,000 unsecured, redeemable, taxable, listed, rated, non-convertible debentures (NCDs) worth up to Rs 1,000 crore

Ethereum currently trades at $1,190. In the last 24 hours, the coin has moved 0.11% to the downside and decreased by 2.29% in the last 7 days. The second-largest cryptocurrency by market cap is in red, like the rest of the market. The 24-hour trading volume stands at 2.8 Billion, which is a 28.13% decrease in the last 24 hours.