India Business News: Services Sector Growth, Stock Market Highs

New Delhi, Apr 4 (PTI) Following are the top business stories at 2100 hours:


DEL14 BIZ-PMI-SERVICES

India's services sector growth hits 13-and-a-half-yr high in Mar on robust demand conditions: PMI

New Delhi: India's services sector witnessed one of the strongest growth rates in over 13-and-a-half years in March on the back of strong demand that spurred sales and business activity, a monthly survey said on Thursday.



DEL77 BIZ-LD STOCKS

Sensex, Nifty hit record highs as HDFC, TCS rise

Mumbai: Equity benchmark indices Sensex and Nifty rebounded sharply to hit record fresh highs on Thursday, propped up by buying in IT, consumer durables and financial stocks amid expectations of a robust corporate performance.


DEL64 BIZ-GOLD-PRICE

Gold jumps Rs 850 to hit fresh all-time high of Rs 70k per 10 grams

New Delhi: Gold prices surged by Rs 850 to reach a new peak of Rs 70,050 per 10 grams on Thursday on strong global cues, according to HDFC Securities.


DEL106 BIZ-LD RUPEE

Rupee rises 14 paise against US dollar

Mumbai: The rupee on Thursday recovered 14 paise to close at 83.39 against the US dollar, tracking a firm trend in domestic markets and a weak greenback against major crosses overseas.


DCM76 BIZ-LD TRAI-NEW SPECTRUM-CONSULTATION

Trai begins consultation for auction of 4,000 Mhz spectrum in new bands

New Delhi: Telecom regulator Trai on Thursday sought stakeholders' views on the auction of three new spectrum bands in higher frequency range that will make available around 4,000 megahertz radiowaves for mobile services.


DEL84 BIZ-2NDLD VEDANTA-MINING-GOA

Mining resumes in Goa after 6 yrs; Vedanta begins operations at Bicholim block

New Delhi, Apr 4 (PTI) Mining in Goa resumed after a gap of six years, with mining major Vedanta on Thursday announcing that it has commenced operations at Bicholim Mineral Block in the state.