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The Indian rupee weakened by 10 paise against the US dollar on Thursday, closing at ₹95.54 per dollar.The domestic currency opened at ₹95.44 against the US dollar and remained volatile throughout the trading session. It eventually settled at ₹95.54, down 10 paise from the previous close.Meanwhile, Indian equity markets also ended lower. The Sensex declined 539.35 points, or 0.70 per cent, to close at 76,933.59, while the Nifty50 fell 116.90 points, or 0.48 per cent, to 24,090.85.read more :- The rupee opened 3 paise weaker against the dollar at 95.44.

The rupee had closed at 95.41 on Tuesday, whereas today it opened at 95.44 per dollar.Both indices opened with a gap-up. The Nifty opened at 24,277.60 and was trading at around 24,194.40, down 13.35 points or 0.06 per cent from the previous close of 24,207.75 at the time of reporting. The Sensex opened at 77,576.76 and was trading at 77,452.09, down 20.85 points or 0.03 per cent from the previous close of 77,472.94 at the same time.Read More :-  India Textile Sector Recovery Gains Strength

Strong Recovery in India's Textile Sector; Cotton Prices Pose a ChallengeIndia's textile sector is moving towards a strong recovery. According to a report by 360 ONE Capital, improved domestic raw material availability and greater sourcing flexibility are expected to support the industry's margins and spreads. However, the sustainability of this recovery will depend on how effectively the increased cost of cotton is passed on through yarn prices.The report indicates that the recent period has been favorable for cotton spinning. Strong demand, better capacity utilization, and improved yarn spreads have benefited the industry. The supply-demand balance has also improved due to capacity closures and limited additions to new capacity.Increased demand from China has been a significant positive factor for the Indian yarn industry. Higher cotton prices in China have made importing Indian yarn economically attractive. Consequently, monthly exports of Indian yarn have risen from approximately 95–97 million kilograms to around 110 million kilograms.However, a sharp rise in cotton prices during the second quarter has increased risks for spinning margins. If yarn prices do not rise in tandem with the increased cost of raw materials, the recent improvement in spreads could come under pressure.There are also signs of improvement in downstream segments. Garment companies are benefiting from better orders, while the home textile industry is seeing strong demand from the US.According to government data, India's textile and apparel exports stood at ₹3,25,339 crore in 2025–26, marking a 1.8 percent increase over the ₹3,19,573.2 crore recorded in 2024–25.read more :- MP Cotton Season Opens at ₹9,101

Impressive Start to the 2026-27 Cotton Season in Madhya Pradesh: Cotton Purchased at ₹9,101 in SusariToday, on August 26, 2026, the procurement for the new 2026-27 cotton season was inaugurated by 'Shri Jayesh Cot' in Susari village, located in the Kukshi tehsil of Madhya Pradesh's Nimar region.Speaking to Smart Info Services, Mr. Bakul Eran, a cotton broker from Indore, stated that the new cotton season in Susari kicked off with an impressive inaugural price of ₹9,101 per quintal. Arrivals of over 1,500 quintals of new cotton were recorded on the very first day, signaling a strong start to the season. (SIS)To mark the occasion, Mr. Raju Patidar, the owner of the ginning factory, inaugurated the procurement by performing a ritualistic worship (puja) of the farmers and the weighing equipment. The inaugural price for the cotton was set at ₹9,101 per quintal.Arrivals of new cotton totaled over 1,500 quintals today.Attendees at the event included Mr. Bakul Eran (broker from Indore), Mr. Nitin Goyal (of Shriram Oil Mill), and others.During the event, a consignment of cotton was sold to Shriram Oil Mill, Indore (represented by Mr. Nitin Goyal) by broker Mr. Laxman Kumar Agarwal (associated with Bakul Eran), Indore. The delivery terms are set for 'spot' (within 2–3 days). (SIS)read more :- Rupee higher 31 paise to close at ₹95.41 against US dollar

On Tuesday, the Indian rupee higher by 31 paise against the US dollar, closing at ₹95.41 per dollar.The domestic currency opened at ₹95.72 against the US dollar and remained volatile during the trading session. It eventually settled at ₹95.41, higher 31 paise from its previous close. the Sensex closed 286.98 points or 0.37% higher at 77,656.09, and the Nifty ended 115.50 points or 0.48% higher at 24,334.55. About 1,970 shares advanced, 2,146 shares declined, and 158 shares were unchanged.read more :- North India Cotton Acreage Falls 23%

Cotton Acreage Drops by 23% in North India; Punjab Most AffectedThe area under cotton cultivation in North India's three major cotton-producing states—Punjab, Haryana, and Rajasthan—has declined by approximately 23% this year. Last year, cotton was sown across about 11.83 lakh hectares in these three states; this year, the figure has dropped to around 9.09 lakh hectares, marking a reduction of 2.74 lakh hectares or 23.2%.Punjab has recorded the steepest decline. The state's cotton acreage has fallen from approximately 1.28 lakh hectares last year to around 80,000 hectares this year—a decrease of about 48,000 hectares or 37.5%. Traditional cotton-growing regions such as Bathinda, Mansa, Muktsar Sahib, Fazilka, Faridkot, and Ferozepur are now gradually shifting towards paddy and other crops.In Haryana, cotton acreage has decreased from approximately 3.80 lakh hectares to 2.95 lakh hectares. Similarly, in Rajasthan, it has dropped from 6.55 lakh hectares to around 5.34 lakh hectares. Nevertheless, Rajasthan remains the state with the largest area under cotton cultivation among the three.According to farmers, infestations by whitefly and pink bollworm, declining yields, rising costs, and market uncertainty have made cotton farming a risky proposition. In contrast, paddy cultivation offers farmers greater confidence due to procurement at the Minimum Support Price (MSP), an established network of *mandis* (wholesale markets), and irrigation facilities.To increase cotton acreage, it is essential to provide farmers with better seeds, effective pest control measures, higher yields, remunerative prices, and reliable market access.read more :- Amreli Faces Rain Deficit

No Rain in Amreli for a Month; Groundnut and Cotton Crops AffectedFarmers in Gujarat's Amreli district are increasingly concerned due to the lack of rainfall over the past month. Initially, good rains at the start of the monsoon had raised hopes for a bountiful harvest of cotton and groundnut, and many farmers had completed sowing on time.While some areas of the district received heavy rainfall initially, others recorded only light showers. This maintained adequate soil moisture, leading farmers to anticipate a successful crop. However, the absence of rain for the last month has now caused the impact of water scarcity to become visible on the crops.Farmers with access to irrigation facilities are managing to save their crops somehow. In contrast, the cotton and groundnut crops of farmers lacking irrigation facilities have begun to wither; in some areas, groundnut plants have started turning yellow.Erratic rainfall had previously forced some farmers to undertake re-sowing. After incurring significant expenses on seeds, fertilizers, and labor, they now face the looming fear of crop failure. Farmers state that if there is no rainfall in the coming days, their crops could be completely destroyed.Distressed by the lack of rain, farmers are demanding relief and financial assistance from the government. They remain hopeful that rainfall will occur soon, allowing their crops to be saved.read more :- Rupee opens flat at 95.72 against the US dollar

The rupee opened flat at 95.72 per dollar.On Tuesday, the Indian rupee opened flat at 95.72 against the US dollar, having closed at the same level the previous day.The Sensex, which closed Monday at 77,369.11, opened at 77,295.49 and was trading at 77,332.24, down 36.87 points or 0.05 per cent, as of 9.23 AM. The Nifty 50, which ended the previous session at 24,219.05, opened at 24,175.75 and was at 24,177.90, down 41.15 points or 0.17 per cent, at the same time.Read More :- Pest Attacks on Soybean and Cotton Crops Raise Farmer Concerns

Pest attacks on soybean and cotton crops, along with cloudy weather, have heightened farmers' concerns.Farmers in the district are worried due to an increasing pest infestation affecting soybean and cotton crops. Crop growth is also being hampered by persistent cloud cover and a lack of rainfall. Infestations of various pests have been observed in both major Kharif crops, which have now reached a critical stage of development.During this Kharif season, various crops have been sown across an area of 4.18 lakh hectares in the district. This includes 1,19,626 hectares dedicated to soybean and 2,31,961 hectares to cotton. The district has recorded 446.4 mm of rainfall since June; while sowing was initially delayed due to a late start to the rains, farmers completed the process once the rainfall arrived.Currently, the soybean crop has reached a height of 1 to 1.5 feet in most areas and is at the flowering stage. Mild infestations of leafhoppers, stem borers, and tobacco caterpillars have been observed on the crop.Meanwhile, the cotton crop has grown to a height of 1.5 to 2 feet, with leaf and flower development underway in some areas. Mild infestations of aphids, leafhoppers, and whiteflies have been reported in the cotton crop.District Agriculture Superintendent Arvind Uparikar has advised farmers to regularly monitor their crops and—should any pest infestation be detected—seek guidance from Agriculture Department experts to implement appropriate management measures.READ MORE :- India Eyes Global Cotton Price Influence

Indian Cotton Should Become a Global Price Influencer: CCI ChiefIndia should aim to become a price influencer in the global cotton market by improving productivity, quality, transparency and price discovery, said Lalit Kumar Gupta, Chairman and Managing Director of the Cotton Corporation of India (CCI), in Coimbatore on Friday. Inaugurating a biannual cotton conference organised jointly by the Indian Cotton Federation and the Indian Cotton Association, Gupta said India had the scale to become a globally competitive cotton producer, but its output currently does not meet domestic consumption needs. Under the Mission on Cotton, about five lakh hectares will be targeted in the first year to raise productivity. High-density planting trials across 25,000 hectares have recorded yields of 15 quintals of seed cotton per acre, he said. Gupta stressed that Indian cotton must meet global requirements for consistent and contamination-free fibre. The industry must work collectively to reduce contamination, he said. He also called for greater transparency and reliable data for better price discovery. “We need actual data, and this information should be integrated with the entire system,” he said. The CCI procured 105 lakh bales during the current cotton season and sold 94 lakh bales. It currently holds around 17 lakh bales. K.V. Srinivasan, former president of the International Textile Manufacturers’ Federation, said India needed a technology-led boost in cotton yields to compete with Brazil, the US and China. With India accounting for about 38% of the world’s cotton-growing area, higher yields could help the country emerge as the world’s leading cotton producer, he said.read more :- Cotton Prices Likely to Stay at ₹75-80 per Kg During Harvest: TNAU

Cotton prices likely to hover around ₹75-80 per kg during harvest: TNAUAccording to the Domestic and Export Market Intelligence Cell (DEMIC) of Tamil Nadu Agricultural University (TNAU), the price of good-quality cotton is expected to remain around ₹75-80 per kilogram during the upcoming harvest season.TNAU has arrived at this estimate based on an analysis of cotton prices at the Mulanur Regulated Market over the past 20 years. The university has advised farmers to consider this projected market price when making decisions regarding cotton sowing.India ranks first globally in terms of cotton cultivation area and second in production and consumption. According to the Ministry of Agriculture and Farmers Welfare's second advance estimates for 2025-26, cotton has been cultivated across 114.82 lakh hectares in the country. Production is estimated at 49.455 lakh tonnes, with a productivity of 431 kg per hectare.Maharashtra, Gujarat, Telangana, Karnataka, Rajasthan, Andhra Pradesh, and Madhya Pradesh are the major cotton-producing states.In Tamil Nadu, cotton was cultivated on 1.02 lakh hectares during 2024-25. Production stood at 3.80 lakh tonnes, and productivity was 350 kg per hectare. Tiruvarur, Virudhunagar, Mayiladuthurai, Ramanathapuram, Tiruchirappalli, and Salem are the key cotton-producing districts.Trade sources indicate that the southwest monsoon and the volume of arrivals from major producing states could influence cotton prices. Climatic conditions, such as El Niño, may also impact the monsoon and production levels; therefore, actual market prices could differ from TNAU's estimates.