Middle East Tensions, Crude Prices and Fed Policy to Drive Markets This Week

Isro will remain ‘bedrock of Indian space sector’, says Goenka

Russia Kills 8 in Ukraine Strikes as US Diplomats Hold Talks in Kyiv

Russia launched a large-scale aerial assault on Ukraine, deploying 108 drones overnight and killing eight people while injuring 69 others. Ukrainian air defenses managed to intercept most of the incoming drones, limiting further casualties. US diplomats traveled to Kyiv for talks shortly after meeting Russian President Vladimir Putin in Moscow. While brief pauses in attacks were observed over both capital cities, fighting continued across other regions of Ukraine. The strikes came despite active diplomatic efforts aimed at de-escalating the conflict.

UP Officer Dies by Suicide After Alleged Honeytrap Blackmail; Three Arrested

A police officer in Uttar Pradesh died by suicide after reportedly being blackmailed by a woman and her associates who demanded money from him. Investigators allege the woman used recorded conversations to extort funds from multiple men, with the officer believed to be one of her targets. Following the incident, the woman, her father, and a lawyer were arrested and remanded to judicial custody. Authorities are now working to trace the full chain of events and any financial transactions linked to the alleged extortion network.

Jaguar Land Rover eyes 4,000 job cuts in £1.7bn two-year savings drive

Tata-owned Jaguar Land Rover is considering cutting up to 4,000 jobs as part of a broad cost-reduction plan targeting £1.7 billion in savings over two years. The automaker aims to lower its break-even threshold to 300,000 vehicles as part of the restructuring effort. The announcement comes roughly a year after a significant cyberattack that disrupted the company's production operations. The potential layoffs could pose a challenge to Greater Manchester Mayor Andy Burnham's ambitions to reindustrialise the UK. No final decisions have been confirmed by the company at this stage.