The four-phased urban local bodies elections in Jammu and Kashmir are scheduled to begin on October 8. The second phase of the polls is scheduled on October 10, the third phase on October 13 and the last phase on October 16. Counting of votes will be done on October 20. As many as 2,990 candidates are in the fray. The National Conference and People's Democratic Party have boycotted the polls over the challenge to the validity of Article 35-A of the Constitution.

 

China and the US  are to hold high-level talks in Beijing on Monday to reduce the spiralling trade and military tensions between the world’s two largest economies. US Secretary of State Mike Pompeo is scheduled to hold talks with top Chinese leaders and officials in a bid to halt the ongoing trade war in which both countries slapped additional tariffs on billions of dollars of their exports.

 

Housing finance company Aavas Financiers, which raised Rs 1,734 crore through an initial public offering recently, will list its shares on the exchanges on Monday. The IPO, which was open from September 25-27, was subscribed 97 per cent at a price band of Rs 818 to Rs 821 per share.

 

A Delhi court is to hear on Monday a plea by the Enforcement Directorate seeking custodial interrogation of Karti Chidambaram in the Aircel-Maxis case. The court is also scheduled to hear Karti's anticipatory bail application on Monday. The court has directed the ED not to take any coercive action against Karti till October 8.

The Indian Air Force is to celebrate its 86th Foundation Day on Monday. The IAF, which was battling a shortage of fighter aircraft, has recently received a boost with an upgrade to the MiG-29. The Russian origin aircraft is now capable of effecting mid-air refuelling and is compatible with latest missiles and can launch multi-dimensional attacks.

 

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