1. Record-Breaking Wealth

• Elon Musk is the first billionaire to reach a net worth of $500.1 billion (Forbes, Oct 2025).
• He is the now the richest person in the world, ahead of the second-richest, Larry Ellison, by approximately 150 billion.
• He had already reached the 400 billion threshold in December 2024.

1. Overall Status

• The 2023 report released by the National Crime Records Bureau (NCRB) indicated that Manipur had the most incidents of violent crimes and riots in the Northeast.
• This influx can be directly attributed to the ethnic tensions that started in May 2023 between the Kuki and Meitei communities.

1. Passing

• Pandit Chhannulal Mishra, legendary Hindu classical vocalist, died on October 2, 2025, in Mirzapur, at the age of 89.
• He died during the festival of Dussehra.

1. Basic Facts

• Date: observed on the 4th of October each year.
• Purpose: To increase world consciousness of raising animal welfare standards and ensuring they are not abused.

1. Policy Decision & Stance

   •    The Monetary Policy Committee (MPC) meeting became the 57 th meeting, which took place between Sep 29 and Oct 1, 2025.

   •    Repo Rate: Kept unchanged at 5.50%.

   •    Position: Adopted the stance of being neutral in order to have a balance between growth and stability.