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CCI DECREASE ITS COTTON SELLING PRICE BY ₹1,600–₹2,000/CANDY THIS WEEK🚨The Cotton Corporation of India (CCI) decrease its cotton selling prices by around ₹1,600–₹2,000 per candy during the week ending September 18, 2026, indicating continued buying activity from domestic textile mills and cotton traders.During the week, CCI sold approximately 2,000 bales of cotton from the 2025–26 crop through its auctions. 📊 Day-Wise CCI Auction PerformanceSeptember 15, 2026 (Tuesday)CCI sold 1,500 bales. Mills purchased 1,100 bales, while traders bought 400 bales.September 16, 2026 (Wednesday)A total of 400 bales were sold, including 100 bales purchased by mills and 300 bales by traders.September 17, 2026 (Thursday)CCI sold 100 bales, with all 100 bales purchased by mills.📅 September 18, 2026 (Friday)No bales were sold in either auction session.Following the latest auctions, CCI's cumulative cotton sales for the 2025–26 season** have reached approximately 94.29 lakh bales.

Drought-like conditions in Maharashtra: Sharad Pawar makes 9 major demands to CM FadnavisA lack of rainfall in several parts of Maharashtra has compounded the woes of farmers. Kharif crops such as soybean, cotton, pearl millet (bajra), maize, tur (pigeon pea), moong (green gram), and urad (black gram) are reportedly suffering damage, alongside an increasing incidence of pest attacks and crop diseases. Amidst this situation, senior NCP leader and MP Sharad Pawar has written to Chief Minister Devendra Fadnavis, demanding the immediate implementation of relief measures for farmers, agricultural laborers, and rural areas.Pawar has demanded that a drought be declared in severely affected talukas without waiting for the completion of formal assessment procedures. He has sought financial assistance of at least ₹50,000 per hectare for farmers and special aid of ₹25,000 for agricultural laborer families dependent on farming.He called for the immediate implementation of a farm loan waiver scheme and the provision of fresh crop loans. He also demanded that the incentive subsidy provided to farmers who regularly repay their loans be increased from ₹50,000 to ₹1 lakh. Furthermore, he urged the inclusion of farmers who defaulted this year—after having taken crop loans for the 2025-26 cycle—in the loan waiver scheme.Pawar demanded the retrospective implementation of the 'one-rupee crop insurance scheme' and the immediate disbursement of the ₹17,000-per-hectare aid announced for losses caused by unseasonal rains last year.Additionally, he demanded the initiation of water conservation works under the Employment Guarantee Scheme in drought-affected talukas, the provision of water tankers for orchards, arrangements for drinking water and fodder, and the provision of essential services for livestock.Pawar also called for the regulation of load-shedding, the establishment of control rooms at state and district levels, and a complete waiver of school and college fees in drought-affected talukas.read more :- Indian Rupee Falls 14 Paise to Close at 95.87 Against US Dollar.

The Indian rupee weakened by 14 paise against the US dollar on Friday, closing at ₹95.87 per dollar.The domestic currency opened at ₹95.73 against the US dollar and fluctuated throughout the trading session. It eventually closed at ₹95.87, down 14 paise from the opening level.At the 3:30 pm post-CAS close, the Sensex fell 20 points to 74,294.96, while the Nifty gained 75.80 points to 23,346.40. Market breadth remained strong, with 2,531 shares advancing against 1,452 declines.read more :-Cotton Procurement Begins in Jamthi Maharashtra, First-Day Price Reaches ₹8,101 per Quintal

Cotton procurement begins in Jamthi, Maharashtra; price of ₹8,101 per quintal recorded on day onePrivate traders have commenced cotton procurement in Bodwad, Jamthi, and surrounding areas. Crop conditions have deteriorated due to heavy rainfall over the past few days, and the cotton crop is not yet fully ready in many farmers' fields. Farmers are struggling to save their crops amidst these challenging circumstances, yet they remain hopeful that cotton prices will be favorable this year.Meanwhile, procurement by private traders began in Jamthi. On the first day, Santosh Dhangar, a farmer from Yevti, arrived to sell 50 kg of cotton.Upon the arrival of the season's first cotton in Jamthi, private trader Jitendra Gurubhaiya and Devidas Patil (a driver for the Agriculture Center) honored farmer Santosh Dhangar by presenting him with a shawl and a coconut.The price of cotton on the first day stood at ₹8,101 per quintal.read more :- Rupee opened 20 paise stronger at 95.73 against the dollar.

On September 18, the Indian rupee opened at 95.73, up 20 paise against the dollar, while on Thursday  it closed at 95.93.BSE Sensex gained 247.36 pts or 0.33% to 74,561.95 at 9.16 am after opening at 74,575.24 from 74,314.59 previous close, and Nifty 50 was up 71.80 pts or 0.31% to 23,342.40.Read More :-   21 Cotton Testing Labs to Be Modernized in India Under ₹38.72 Crore Project

21 cotton testing labs in India to be modernized, ₹38.72 crore projectNew Delhi: Amid efforts to make India a global cotton and textile hub, the central government is working to modernize cotton fiber testing facilities in the country.According to two government officials, the Bureau of Indian Standards (BIS) is accelerating the process of modernizing 21 labs located in major cotton-producing regions.Under this project worth approximately ₹38.72 crore, these labs will be equipped with modern testing equipment. These will be used to assess the quality and impurities of cotton fiber.Under this project, which is being overseen by the Consumer Affairs Department, labs operated by the Textiles Committee, Powerloom Service Centers, and the Cotton Corporation of India (CCI) will be upgraded.This initiative aims to strengthen the testing capacity and quality assessment infrastructure for cotton fiber in India. Modern testing facilities will help in more effectively assessing cotton quality.The government is focusing on making India's cotton and textile sectors more competitive globally. Modernizing testing infrastructure is part of efforts to strengthen Indian cotton quality and textile exports.read more :- Indian Rupee higher 08 Paise to Close at ₹95.93 Against US Dollar

The Indian rupee higher by 08 paise against the US dollar on Thursday, closing at ₹95.93 per dollar.The domestic currency opened at ₹96.01 per dollar and fluctuated during the trading session. It eventually closed at ₹95.93, which is 08 paise higher than the previous opening rate.At the 3:30 pm post-CAS close, the Sensex fell 21.86 points to 74,314.59, while the Nifty gained 53 points to 23,270.60. At the 3:15 pm pre-CAS close, the Sensex had been up 77.78 points and the Nifty up 76.75 points.read more :- The rupee opened at 96.01 against the dollar, down by 6 paise.

The rupee fell 6 paise to open at 96.01 per dollar.Following the US Federal Reserve's decision to raise interest rates and signals of further tightening, the Indian rupee opened at 96.01 against the US dollar on September 17 down 6 paise from its previous close of 95.95.In morning trade on September 17, 2026, the BSE Sensex is trading around 74,304.42, marking a marginal decline of approximately 32 points or 0.04% from its previous close of 74,336.45.Read More :-  Drought Hits 53% of India

Impact of El Niño: Drought-like conditions in 53% of the country; concerns over Kharif and Rabi sowingA rainfall deficit during the final phase of the southwest monsoon has led to drought-like conditions across large parts of the country. According to the India Drought Monitor, approximately 53.2% of the country's total land area is affected by some level of drought; a week ago, this figure stood at around 46%. The lack of rain has placed stress on standing Kharif crops, while concerns are also mounting regarding adequate soil moisture for the upcoming Rabi sowing season.Assessments by IIT Gandhinagar’s Water and Climate Lab up to September 9 indicate that 33.4% of the country is experiencing moderate or worse drought, 15.4% is facing severe or worse drought, and 3.8% is under extreme drought conditions. Approximately 0.1% of the area is in the grip of exceptional drought.Data from the India Meteorological Department (IMD) shows that, as of Tuesday, 41% of the 734 monitored districts recorded below-normal rainfall, while 6% experienced a large rainfall deficit. Overall, rainfall across the country during this monsoon season has been about 15% below normal.In terms of agriculture, Maharashtra is among the most affected states, with 85.2% of its area reportedly affected by some level of drought. Severe drought conditions have been recorded in 25.93% of the state, and exceptional drought in 17.20%. Additionally, 11.91% of Chhattisgarh, 5.22% of Madhya Pradesh, and 4.92% of Uttar Pradesh fall into the severe or exceptional drought categories.The rainfall deficit has raised concerns regarding the yields of Kharif crops such as *arhar* (pigeon pea), urad (black gram), and soybean. Drought-like conditions in parts of Maharashtra, Telangana, and Karnataka pose a challenge for farmers. A lack of soil moisture could adversely affect the sowing and early growth stages of Rabi crops.read more :- Indian Rupee Falls 6 Paise to Close at ₹95.95 Against US Dollar

The Indian rupee weakened by 6 paise against the US dollar on Wednesday, closing at ₹95.95 per dollar.The domestic currency opened at ₹95.89 per dollar and remained volatile during the trading session. It eventually settled at ₹95.95, marking a decline of 6 paise from the previous close.At close, the Sensex was up 332.63 points or 0.45 percent at 74,336.45, and the Nifty was up 99.00 points or 0.43 percent at 23,217.60. About 1913 shares advanced, 2241 shares declined, and 180 shares unchanged.read more :- Telangana Rain Deficit, Khargone Rain Threat

Rain Deficit in Telangana; Threat of More Rain Looms Over Khargone Farmers' crops in Telangana are suffering due to a lack of rainfall, while in Khargone, Madhya Pradesh, the prospect of further rain—following recent downpours—has heightened farmers' anxiety. Weather conditions in both regions continue to pose challenges for agriculture.P. Narsi Reddy, a 66-year-old farmer from Telangana, had a paddy crop ready for harvest on five acres of land. Due to the lack of rain and the absence of a reliable irrigation source, he abandoned the crop, leaving it for livestock to graze on. He was also forced to leave another four acres of land, prepared for vegetable cultivation, unplanted. According to Narsi Reddy, the expected yield from an acre of cotton this season is merely one quintal, whereas the usual output ranges from 10 to 11 quintals.Narsi Reddy mentioned that the Agriculture Department had advised against cultivating paddy without a dependable water source. He noted that farmers had anticipated rainfall based on forecasts from the Meteorological Department. He revealed that his outstanding bank loan has reached approximately ₹8 lakh. The farmer stated that loan waiver schemes—implemented by the previous BRS government (with a limit of ₹1 lakh) and the current Congress government (with a limit of ₹2 lakh)—failed to provide him with complete debt relief.Duggi Krishna, a farmer from Maddipalli village in Khammam district, has cultivated cotton on three acres. The crop, currently in the boll-formation stage, had begun to wither due to the lack of rain, though recent light showers have provided some relief. Krishna purchased seeds and other agricultural inputs from private dealers; consequently, he is compelled to sell his produce to those same dealers, despite the higher prevailing market rates.Meanwhile, Vajja Rama Rao pointed out that while farmers were advised to cultivate rain-dependent crops, the necessary seeds were not made available to them.On the other hand, the rain has currently subsided in Khargone. Bright sunshine on Wednesday morning caused the water accumulated in the low-lying areas of the fields to begin receding. The district has received 29.1 inches of rainfall so far, against an annual average of 32.6 inches. Khargone and Gogawan have already met their average rainfall quota.According to the Meteorological Department, rainfall is likely in western Madhya Pradesh starting September 17. Farmers fear that renewed heavy rain could increase damage to cotton and soybean crops. Persistent moisture is also leading to pest issues in cotton crops in some areas.read more :- The rupee opened 7 paise stronger against the dollar at 95.89.