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The rupee opened 6 paise lower at 90.79 per dollar.The Indian rupee opened at 90.79 per dollar on Tuesday, compared to its previous close of 90.73.Read More :- Removing import duty on cotton could be confidence-booster.

Removing Cotton Import Duty Could Boost ConfidenceIndia's apex textile industry organisation, the Confederation of Indian Textile Industry (CITI), has said that at a time when the ongoing uncertainty surrounding the US tariff issue remains a major concern for India's textile and apparel sector, the removal of the import duty on cotton can act as a huge confidence-booster by ensuring a crucial raw material like cotton is available at internationally competitive prices.CITI has stressed that the government should remove the 11 per cent import duty on all varieties of cotton to increase the global competitiveness of the country's textile and apparel sector. On August 28, the government had extended the import duty exemption on cotton to December 31, from the earlier announced September 30, 2025CITI Chairman Shri Ashwin Chandran said, "The removal of import duty on cotton of all varieties will reduce the divergence between domestic and global prices and help restore the competitiveness of India's spinning and textile industries." He said the need for such a measure has also arisen in the backdrop of indications that cotton production may decline this year, and fibre quality is expected to deteriorate due to unseasonal rainfall increasing supply-side concerns."Such a step would also ensure that the minimum support price (MSP) and other farmer-support mechanisms can function as intended without creating significant downstream price distortions," the CITI Chairman added. During the current cotton season, the MSP of 'Kapas' has increased by nearly 8 per cent.Incidentally, CITI, along with other industry bodies, has raised the issue of the removal of import duty on cotton at the stakeholder meeting held under the aegis of the Committee on Cotton Production and Consumption for the cotton season 2025-26 on December 8, 2025During the last 10 cotton seasons, the average import of cotton in India has been about 2 million bales, which is around 6 per cent of the average production. Most imports cater to the specific requirements of specialised cotton or are linked to back-to-back arrangements by the industry with brands.One of the biggest generators of jobs and livelihoods, the textile and apparel sector, is currently facing a huge headwind in the form of the 50 per cent US tariff, effective August 27, 2025. The US is the single-largest market for India's textile and apparel exports, contributing almost 28 per cent to the overall revenue of the country's textile and apparel exports India's textile and apparel exports to the US were valued at nearly $11 billion in the financial year 2024-25.The impact of the 50 per cent US tariff has already been seen in India's export data for October 2025. The sharp drop in Indian textile and apparel exports in October 2025 is largely attributable to the high US tariff. Textile exports in October 2025 fell 12.92 per cent compared to October 2024 Apparel exports declined 12.88 per cent during the same periodThe challenge for India's textile and apparel sector has been further enhanced by Mexico's recent decision to impose a 50 per cent tariff on Indian goods. India does not have an FTA with Mexico.read more :- Indian Rupee closes 18 paise lower at 90.73 against the dollar

The Indian rupee closed 18 paise lower at 90.73 against the US dollar on Monday, after opening at 90.55.At the close of the market, the Sensex was down 54.30 points or 0.06 percent at 85,213.36, and the Nifty was down 19.65 points or 0.08 percent at 26,027.30. Approximately 2067 shares advanced, 1864 declined, and 139 remained unchanged.read more :- Farmers should register soon to sell cotton at MSP, deadline approaching

Opportunity to sell cotton at MSP, registration deadline is approaching.Learn where and how to register and what rate you will get For farmers who wish to sell their cotton at the Minimum Support Price (MSP), the registration process has become crucial. The Cotton Corporation of India (CCI) has set December 31st as the last date for registration for cotton procurement. As a result, farmers across the country, including Maharashtra, are rapidly registering through the cotton farmer app. So far, seven lakh farmers from Maharashtra alone and approximately 41 lakh farmers nationwide have registered. Therefore, if you also want to sell your cotton at MSP, register immediately.Removal of import duty leads to price drop, MSP is farmers' only hope After tariff tensions with the US, the Indian government removed the cotton import duty. Following this, cotton prices in the domestic market fell. In this situation, farmers are relying on the CCI to sell their produce at MSP. This year, the MSP for long-staple grade cotton has been fixed at Rs. 8,110 per quintal. The import tariff has also been removed until December 31st, leading to continued price fluctuations in the open market.41 lakh registrations nationwide, yet the debate continues Across the country, including Maharashtra, 41 lakh farmers have registered for MSP sales. However, farmer leaders say that the actual number of cotton-growing farmers in the Vidarbha region alone is much higher. However, CCI officials say that farmers are rapidly adopting the registration process since the app-based system was introduced. An official stated that approximately 50,000 farmers are registering every day, which shows the increasing interest of farmers in MSP.Increased CCI procurement and improvement in open market rates Since the CCI increased its procurement, a slight improvement in rates has also been observed in the private market. Initially, cotton was selling at around Rs. 6,800 per quintal, but now the rates have increased to around Rs. 7,400 in many markets. Although private traders often pay farmers lower prices by misrepresenting the grade of cotton, the availability of the MSP option is now enabling farmers to get better prices for their produce. CCI has so far procured approximately 5 lakh bales in Maharashtra and around 27 lakh bales across the country.Lower Yields Boost Price Expectations Roshan Kothari, an APMC director from the Wani region of Yavatmal district, said that due to lower yields this year, cotton prices will be beneficial for growers. According to him, if the rates reach Rs 8,000 per quintal, farmers will earn a good profit.How to Register on the Cotton Farmer App The CCI’s “Kapas Farmers” app has become mandatory for selling cotton at MSP. Below is a step-by-step process for registering on this app in simple language:First, download the app: Go to the Google Play Store or App Store on your smartphone. Search for “Kapas Farmers” and download the official app from the Cotton Corporation of India (CCI). Start registration: Open the app and select the “Farmer Registration” or “Register Now” option.Fill in personal information:Enter your Aadhaar-linked mobile number, and fill in details such as name, father/guardian's name, date of birth, gender, address, district, state, and pincode.Provide land and crop information: This includes land ownership (owned/leased), farm survey number/7/12 extract, and information related to cotton cultivation.Submit and complete verification: After online registration, your details will be physically verified by the local APMC or agriculture department. This is a mandatory step to ensure MSP eligibility.Book a slot: After verification, farmers can book a date and time (slot) to bring their cotton to the nearest CCI procurement center through the app.Keep these points in mind while registering for cotton:Registration is mandatory for selling cotton at MSP.December 31, 2025, is the last date, so complete the process in time.Physical verification is necessary after registration. No farmer can avail of the Minimum Support Price (MSP) benefit without registering on the app.Tractor Junction always keeps you updated. We publish agricultural news about new tractor models and their applications in farming. We also publish monthly sales reports of leading tractor companies like VST Tractors, Mahindra Tractors, etc., which provide detailed information on wholesale and retail tractor sales. Contact us if you would like to subscribe to our monthly service.If you are interested in buying or selling new or used tractors or agricultural equipment and want to reach a wider audience of buyers and sellers to get the best possible price for your item, share your listing with Tractor Junction.read more :- The rupee opened 13 paise lower at 90.55/USD

The rupee opened 13 paise lower at 90.55 against the dollar.The Indian rupee opened at 90.06 against the dollar on Monday, compared to its previous close of 90.42.Read More :- State-wise CCI cotton sales details (2024–25)

State-wise CCI Cotton Sales Details – 2024-25 SeasonThe Cotton Corporation of India (CCI) increased its prices by Rs. 100/- per candy this week and sold approximately 92,76,400 bales for the season 2024-25. This represents around 92.76% of the total cotton procured so far this season.A state-wise breakdown of sales indicates strong activity from Maharashtra, Telangana, and Gujarat, which together account for over 85.10% of the total sales to date.This data underscores CCI’s proactive efforts in stabilizing the cotton market and ensuring steady supply across key cotton-producing states.

CCI Raises Cotton Prices; Weekly E-Auction Sales Touch 50,100 BalesThe Cotton Corporation of India (CCI) increased its cotton prices by ₹100 per candy this week, CCI has now sold 92.76% of the cotton procured during the 2024–25 season through e-auctions.During the week from 8 December to 12 December 2025, CCI conducted regular online auctions for mills and traders across various centers. These auctions resulted in total weekly sales of approximately 50,100 bales, reflecting steady demand from both segments.Day-Wise Sales Report8 December 2025The week began on a strong note with the highest sales recorded at 20,100 bales. Of these, 9,100 bales were purchased by mills, while 11,000 bales were bought by traders.9 December 2025Sales dropped sharply to 4,700 bales, comprising 4,000 bales purchased by mills and 700 bales by traders.10 December 2025Midweek auctions saw improved buying, with total sales rising to 10,600 bales. Mills accounted for 7,900 bales, while traders purchased 2,700 bales.11 December 2025CCI sold 10,400 bales on this day, with mills lifting 8,500 bales and traders 1,900 bales.12 December 2025The week concluded on a modest note with 4,300 bales sold. Of this, mills purchased 3,900 bales, whereas traders bought 400 bales.With these weekly sales, CCI’s total cotton sales for the ongoing season have reached approx 92,76,400 bales, representing 92.76% of its total procurement under the 2024–25 season.read more :- "India exploring global market for textiles: Pabitraji"

Minister of State for Textiles, Pabitraji: India is identifying global destinations to expand the textile sectorNew Delhi: The Ministry of Textiles has formulated a comprehensive 40-country market diversification strategy, identifying high-potential global destinations, and is carrying out structured outreach to enhance India's global presence through Export Promotion Councils (EPCs), industry delegations, and Indian missions abroad, Minister of State for Textiles, Pabitra Margherita, said in a written reply in the Rajya Sabha on Friday.The Ministry of Textiles has approved various schemes and programs to encourage and promote the textile industry, such as the PM Mega Integrated Textile Regions and Apparel (PM MITRA) Parks scheme for world-class industrial infrastructure; the Production Linked Incentive (PLI) scheme for MMF apparel, MMF fabrics, and technical textiles to promote large-scale manufacturing and enhance competitiveness; National Technical Textiles Mission for research, innovation, market development, and skill development.Other schemes include SAMARTH – a scheme for capacity building in the textile sector; Silk Samagra-2 for sericulture development; Modified Technology Upgradation Fund Scheme (ATUFS) for modernization; National Handloom Development Programme, National Handicrafts Development Programme, and Comprehensive Handicrafts Cluster Development Scheme for end-to-end support to artisans, weavers, and handicraft clusters, the Minister of State said in his written reply.The government provides various incentives and benefits to enhance the competitiveness of the textile industry in the international and domestic market.The Minister said that the Ministry, in collaboration with EPCs, has organized India Tex in 2024 and 2025 – a mega global textile event to strengthen international engagement, bring together exhibitors and trade visitors from various countries, and showcase the scale, innovation, and global competitiveness of India's textile ecosystem.The government is implementing the Remission of State and Central Taxes and Levies (RoSCTL) scheme for apparel, garments, and made-ups based on the principles of WTO-compliant zero-rated exports.The minister said in a written reply, "Textile products not covered under the RoSCTL scheme are being supported under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme, along with other non-textile sectors. Under RoSCTL, more than 15,000 exporters have benefited from rebates on embedded taxes during FY 2024-25." India has signed 15 free trade agreements (FTAs), including the India-UK Comprehensive Economic and Trade Agreement (CETA). He said that these FTAs aim to reduce tariff and non-tariff barriers, simplify procedures, and address structural issues to make Indian exporters more competitive in partner markets.The government has approved the Export Promotion Mission (EPM), which is based on a collaborative framework involving the Department of Commerce, the Ministry of MSME, the Ministry of Finance, and other key stakeholders, including financial institutions, export promotion councils, commodity boards, industry associations, and state governments.He informed Parliament that the government has exempted import duty on cotton until December 31, 2025, to reduce input material costs for the textile industry, ensure adequate supply, and improve export competitiveness and enhance overall industry efficiency.He also said that the government has rationalized GST rates across the textile value chain to address structural anomalies, reduce costs, increase demand, boost exports, and maintain employment.In another written reply, the Minister informed the House that India's exports of textiles and clothing (including handicrafts) in 2024-25 were US$ 37,755.0 million, showing a growth of 5.2 per cent over the previous year (2023-24).Further, the Minister said that India's exports of textiles and clothing, including handicrafts, during April-October 2025 were US$ 20,401.95 million, showing a marginal decline of 1.8 per cent over the same period last year (US$ 20,728.05 million), yet indicating overall stability in export performance despite global tariff-related and other external challenges. (ANI)read more :- Rupee Ends Flat at 90.42/USD

The Indian rupee closed stable at 90.42 per dollar on Friday, while it had opened at 90.42 in the morning. Closing Bell: Sensex closes 449 pts higher at 85,267, Nifty ends above 26,000; Tata Steel, Eternal gain most read more :- Rupee opens 06 paise down at 90.42

 Rupee opens 06 paise lower at 90.42/USD Indian rupee opened near record low at 90.42 per dollar on Friday versus previous close of 90.36.read more :- Rupee fell 38 paise to close at 90.36 per dollar

The Indian rupee lower 38 paise to close at 90.36 per dollar on Thursday, compared to its opening price of 89.98 in the morning.At close, the Sensex was up 426.86 points or 0.51 percent at 84,818.13, and the Nifty was up 140.55 points or 0.55 percent at 25,898.55. About 2345 shares advanced, 1664 shares declined, and 138 shares unchanged.read more :- Cotton arrivals in the northern belt increased by 49.66%.