Prime Minister Narendra Modi will launch infrastructure and housing projects worth around Rs 41,000 crore in Maharashtra. Modi will lay the foundation stone for Thane-Bhiwandi-Kalyan metro 5 and Dahisar-Mira Bhayander metro-9 in Kalyan, Thane district.  Also, the Navi Mumbai town planning authority City and Industrial Development Corporation of Maharashtra’s mass housing scheme worth Rs 18,000 crore, under the Pradhan Mantri Awas Yojana, will be launched. In an another event in Pune, the PM will lay the foundation stone for the proposed third metro line between Hinjewadi and Shivajinagar.

South Korea's Foreign Affairs Minister Kang Kyung-wha arrives in India on a two-day visit. During the visit, External Affairs Minister Sushma Swaraj and the South Korean Foreign Minister will co-chair the 9th meeting of the India-ROK Joint Commission. They will review the progress under the Special Strategic Partnership between the two countries and will explore new areas of cooperation. 

IPL will hold the player auction in Jaipur. Only 70 players (50 Indians and 20 overseas) will be up grabs with the eight teams having a total purse of Rs 145.25 crore. The 2019 edition may be held outside India, partially or completely, if it clashes with the general elections.

China celebrates the 40th anniversary of the economic reforms that transformed it into the world's second-largest economy even as fears over local government debt grow. Investors will be looking to a speech by President Xi Jinping on Tuesday marking the anniversary for signs on changes in key policies. China's trade war with the United States is spurring some Chinese entrepreneurs, government advisers and think tanks to call for faster economic reforms and the freeing up of a private sector stifled by state controls. 

A ceasefire in Yemen’s battleground port city of Hodeida and its surroundings will start on Tuesday. The deal announced on Thursday between Yemen’s Saudi-backed government and the Huthi rebels included an “immediate ceasefire” in Hodeida, whose Red Sea port serves as a crucial gateway for humanitarian aid. The truce is to be followed by the withdrawal of fighters from Hodeida within days on both sides.

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