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October 3 - Global financial crisis: U.S. President George W. Bush signs the revised Emergency Economic Stabilization Act into law, creating a 700 billion dollar Treasury fund to purchase failing bank assets.
October 3 –Death of Rajendra Singh Lodha, 66, Indian accountant, chairman of the Birla Corporation, heart attack.
October 6 - NASA's MESSENGER spacecraft makes its second of 3 flybys of Mercury, decreasing the velocity for orbital insertion on March 18, 2011.
October 7 - Global financial crisis: Russia agrees to provide Iceland with a 4-billion-euro loan.
October 7 - The meteoroid 2008 TC3 impacts Earth, becoming the first such object to be discovered prior to impact.
October 8 –Death of George Emil Palade, Romanian cell biologist, Nobel Prize laureate (b. 1912)
October 9 - Global financial crisis: Following a major banking and financial crisis in Iceland, the Icelandic Financial Supervisory Authority takes control of the 3 largest banks in the country: Kaupthing Bank, Landsbanki, and Glitnir.
October 12- Pope Benedict XVI announces the canonization of Sister Alphonsa Muttathupadathu, the first woman of Indian origin to be canonized as a saint by the Roman Catholic Church, and the first canonized saint of the Syro-Malabar Catholic Church.
October 15- Aravind Adiga, is awarded the 2008 Man Booker Prize for his debut novel, The White Tiger.
October 17 - The United Nations General Assembly elects Turkey, Austria, Japan, Uganda, and Mexico to 2-year terms on the Security Council.
October 17- Cricketer Sachin Tendulkar became the leading scorer in Test Cricket and also became the first batsman to score 12,000 runs in Test Cricket.
October 21 - The Large Hadron Collider (LHC) is officially inaugurated. It is a collaboration of over 10,000 scientists and engineers from over 100 countries as well as hundreds of universities and laboratories.
October 22 - The Indian Space Research Organisation successfully launches theChandrayaan-1 spacecraft on a lunar exploration mission.
October 29 - Global financial crisis: Hungary's currency and stock markets rise on the news that it will receive an international economic bailout package worth $25 billion from the IMF, European Union, and World Bank.
October 29 - Delta Air Lines merges with Northwest Airlines, forming the world's largest commercial carrier.
October 29 - The Philadelphia Phillies defeat the Tampa Bay Rays 4-3 in Game 5 of the Major League Baseball's American League Championship Series, to win the series 4 games to 1, after a first game delay in World Series History that delayed it two days because of High Winds and Heavy Rain. The -Phillies broke there 28 years drought, since 1980.
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