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2025-02-25 07:55:59| The Economic Times

Bitcoin's market capitalization dropped to $1.825 trillion, with its dominance standing at 61.25%. The cryptocurrency's 24-hour trading volume surged by 144.5% to reach $51.42 billion. Stablecoins made up $134.24 billion of this volume, accounting for 94.16%, as per CoinMarketCap.

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2025-02-25 07:27:01| The Economic Times

C Vijayakumar, CEO of HCLTech, emphasizes the transformative potential of AI and the need for proactive adaptation in the IT services industry. He highlights the importance of growth and relevance over protecting existing revenue bases and the continued investment in capabilities to stay competitive.

Category: News and Media

2025-02-25 06:41:19| The Economic Times

The sharp drop in US consumer sentiment and persistent inflation concerns have triggered a selloff in Indian IT stocks, which have fallen up to 28% in a month. On Monday, IT stocks fell sharply on concerns over US stagflation as the world's largest economy remains critical to the performance of the domestic tech stocks. Experts cite tariff concerns, weak earnings, and FII outflows as key risks but recommend accumulating large-cap IT stocks for long-term stability.

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