In response to Congress leader Rahul Gandhi's dig at the Bharatiya Janata Party (BJP) led Centre over the International Monetary Fund (IMF) forecast for India's GDP, government sources have said that India's GDP is 11 times more than that of Bangladesh.

In 2019, India's GDP in purchasing parity terms was 11 times more of Bangladesh while the population was 8 times more. In purchasing power parity terms, India's per capita GDP in 2020 is estimated by IMF at $6284 compared to $5139 for Bangladesh, government sources quoted by news agency ANI said.

Democratic presidential nominee Joe Biden raised USD 383 million for his election effort in September, a record-breaking sum that eclipses the unprecedented fundraising from the previous month.

The haul, announced Wednesday night, leaves him with USD 432 million in the bank just weeks before the November 3 election.

Russian authorities have given regulatory approval to a second coronavirus vaccine after early-stage studies, two months after a similar move prompted widespread criticism from scientists both at home and abroad.

Russian President Vladimir Putin made the announcement on Wednesday, during a televised meeting with government officials.

Shares of Infosys hit a fresh record high of Rs 1,185, up 4 per cent on the BSE in early morning trade on Thursday after the company reported healthy set of July-September quarter (Q2FY21) numbers on revenue and profitability front. The company has revised its FY21E revenues guidance upwards from 0-2 per cent year on year (YoY) to 2-3 per cent YoY in constant currency basis & operating margin guidance to 23-24 per cent from 21- 23 per cent.

Gold prices today fell to Rs 53,730 from Rs 54,080 per 10 gm, while silver was trending at Rs 62,000 per kg, according to the Good Returns website.

Gold jewellery prices vary across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges.

Civil Aviation Minister Hardeep Puri has called Air India's leave without pay (LWP) scheme a win-win for employees and management, and pointed out that Air India has not laid off a single employee even as international and domestic carriers have resorted to cost cutting through layoffs.

In a letter to Rajya Sabha MP Binoy Viswam, Puri provided clarification on Air India's financial condition and the LWP scheme.

Prime Minister Narendra Modi on Wednesday spoke to Telangana Chief Minister K Chandrasekhar Rao and Andhra Pradesh Chief Minister YS Jaganmohan Reddy regarding the situation arising out of heavy rainfall in the two states.

The Prime Minister assured all possible support and assistance in rescue and relief work.

President Donald Trump's 14-year-old son, Barron, tested positive for COVID-19 but exhibited no symptoms after both of his parents contracted the virus, first lady Melania Trump said on Wednesday.

Luckily he is a strong teenager and exhibited no symptoms, Melania Trump said in a statement. She said she and Barron had since tested negative for the virus.

Rains continue to lash Mumbai and the India Meteorological Department (IMD) has predicted heavy to very heavy rains in parts of Maharashtra for Thursday. It has also issued a red alert for the entire North Konkan area, including Mumbai and Thane.

Heavy rainfall has triggered water logging in parts of Mumbai. In Pune, as many as 40 people were rescued in the flood-affected Nimgaon Ketki village in Pune district on Wednesday.

Shares of SBI Cards and Payments rose 4 per cent and hit a new high of Rs 892 on the BSE on Wednesday in an otherwise weak market after the company said it has kick-started festive season offers in line with the changing shopping trends and customers will be offered discounts as well as cashback across a host of brands.

The State Bank of India (SBI)-promoted company's stock traded at the highest level since its listing on March 16, 2020. It surpassed its previous high of Rs 867.50, hit on September 30, 2020.

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