• Incident: More than 300 children injured during Diwali celebrations in Bhopal, Gwalior, Indore, and Vidisha; at least 10 cases of permanent blindness reported.

• Cause: Use of carbide guns, locally made explosive devices resembling firecrackers.

• Date of Passing: October 24, 2025

• Age: 70

Piyush Pandey, one of India’s most celebrated advertising figures, passed away on Thursday. He was renowned for his work at Ogilvy India, where he served as Global Chief Creative Officer and Executive Chairman for India.

1. Scheme Overview

• Name: Scheme on Facilitating Accelerated Payout - Inoperative Accounts and Unclaimed Deposits.
• Introduced by: the Reserve Bank of India (RBI).
• Purpose: This is to persuade banks to reactivate dormant accounts as well as settle unclaimed deposits, which will minimise the sum that will be transferred to Depositor Education and Awareness (DEA) Fund.
• Term: A 1 year plan between October 1, 2025, and September 30, 2026.

• Historic Participation Indian Air Force (IAF) is the first non-NATO member when it comes to Exercise Ocean Sky 2025, which will occur in Gando Air Base, Spain, between October 20 and 31, 2025.

• Deployment: South Korea is scheduled to launch Hyunmoo 5 ballistic missile by end 2025, which will increase the conventional deterrence towards North Korea.