'India set to achieve $650 bn exports target'

India is set to achieve $650 billion exports target in the current financial year, Commerce and Industry Minister Piyush Goyal said on Monday. Out of the targeted $650 billion, $400 billion will be merchandise exports while the rest $250 billion will be services exports. Chairing a review meeting of all major Export Promotion Councils (EPCs), Goyal said the $650 billion exports target for the current financial year is achievable. He noted that merchandise exports reached $300 billion mark in the first nine months of the current financial year.

DoT amends telecom licences to enable machine-to-machine communications

The Department of Telecom on Monday amended telecom licences to enable service providers to roll out machine-to-machine communication -- a service which is considered as a key driver of 5G adoption -- in the country. While the DoT had issued M2M guidelines in May 2018, the clause related to their provisioning was not part of the telecom licences. The DoT in the licence amendment has incorporated M2M with pan-India permit, limited to circle level and district level, according to a circular.