Nifty Ends Two-Week Slide Above 100-Day Average; Bank Nifty Posts Strong Gains

February 7, 2026

Nifty Ends Two-Week Slide Above 100-Day Average; Bank Nifty Posts Strong Gains

Nifty closed with a 1.4% weekly gain, breaking its two-week losing streak above the 100-day moving average. Bank Nifty hit a fresh high but faced profit booking. IT stocks fell sharply amid AI concerns. Analysts expect cautious optimism with key supports holding and select sectors, like Pharma and Financial Services, showing strength.

Asia Fuels Booming $44.6m Dinosaur Fossil Market Amid Science Concerns

February 7, 2026

Asia Fuels Booming $44.6m Dinosaur Fossil Market Amid Science Concerns

The global dinosaur fossil trade is booming, with a Stegosaurus skeleton selling for $44.6m in 2024. Asian collectors play a key role, but experts warn the market harms science.

Nepal Arrests Six in Fake Mountain Rescue Insurance Scam, Demands Strong Punishment

February 7, 2026

Nepal Arrests Six in Fake Mountain Rescue Insurance Scam, Demands Strong Punishment

Nepal police have arrested six suspects linked to a long-standing fake mountain rescue scam that cheated insurers. The arrests aim to clean the tourism sector and stop fake helicopter evacuations.

Alo Yoga Opens Huge Flagship Store in Hong Kong’s K11 Musea Amid Asia Expansion

February 7, 2026

Alo Yoga Opens Huge Flagship Store in Hong Kong’s K11 Musea Amid Asia Expansion

Alo Yoga has taken over a 7,000 sq ft, two-floor store at Hong Kong’s K11 Musea, replacing Fortnum & Mason. The American athleisure brand is expanding fast in Asia with flagship stores blending wellness, fashion, and lifestyle.

Thomson Reuters Posts 7% Organic Revenue Growth in 2025; Raises Dividend by 10%

February 7, 2026

Thomson Reuters Posts 7% Organic Revenue Growth in 2025; Raises Dividend by 10%

Thomson Reuters announced 7% organic revenue growth for 2025, beating expectations. The company raised its annual dividend by 10% and forecasts strong growth of about 7.5%-8% in 2026.