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The Indian rupee ended 09 paisa higher on Friday at 86.09 to the dollar, while it opened at 86.18 in the morning.At close, the Sensex was down 573.38 points or 0.70 percent at 81,118.60, and the Nifty was down 169.60 points or 0.68 percent at 24,718.60. About 1520 shares advanced, 2326 shares declined, and 124 shares unchanged.read more :- Rupee Falls 58 Paise to 86.18 vs Dollar

 Rupee opens 58 paise down at 86.18 against the US dollarRupee Vs Dollar: Rupee under heavy pressure amid Israel-Iran tensions, Rupee open falls 58 paise to 86.18read more :- China lowers 2024/25 cotton imports forecast in June

Chinese Cotton Import Forecast DipsChina's agriculture ministry has lowered its forecast for cotton imports in the 2024/25 crop year by 300,000 metric compared to last month in its June outlook, a government crop estimates report showed on Thursday.Cotton imports during the season are now expected to total 1.2 million tons, down due to the U.S. tariffs, the Chinese Agricultural Supply and Demand Estimates (CASDE) report said.As a result, the forecast for cotton stocks at the start of the 2025/26 crop year was lowered by 3.61% from previous estimates, to 8.01 million tons.Meanwhile, the sugar production forecast for the 2024/25 crop year was revised upward by 10,000 tons, reaching 11.16 million tons.read more :- Indian Rupee lower 17 Paisa, Ends at 85.60 per Dollar

Rupee lower 17 Paise Against USD, Closes at 85.60The Indian rupee on thursday lower 17 paise to close at 85.60 per dollar, while it opened at 85.43 in the morning.At close, the Sensex was down 823.16 points or 1.00 percent at 81,691.98, and the Nifty was down 253.20 points or 1.01 percent at 24,888.20. About 1249 shares advanced, 2606 shares declined, and 134 shares unchanged.read more :- Massive jump in Kharif sowing in Maharashtra – 1.27 lakh hectares sowing by 12 June 2025

Kharif Surge: Maharashtra Hits 1.27 Lakh HactaresThis year, sowing of Kharif crops has picked up a strong pace in Maharashtra. So far, Kharif crops have been sown in 1,27,709 hectares*, which is 75,967 hectares more than 51,742 hectares* at the same time last year. This information has been released by Smart Info Services.There has been a huge increase in the sowing of cotton. Compared to 40,041 hectares last year, this year sowing has been done in 85,089 hectares, which is an increase of 45,048 hectares.Pulses cultivation has seen unprecedented growth:Foodgrains witnessed mixed growth:Oilseeds cultivation also saw tremendous growth:Soybean: 389 → 13,118 hectares (+12,729)* Other crops like groundnut, sunflower etc. also started# Category-wise total sown area (in hectares):* Total Cereals: 10,746 (increase of only 1 hectare)* Total Pulses: 18,580 (increase of 18,013 hectares)* Total Oil Seeds: 13,294 (increase of 12,905 hectares)* Cotton: 85,089 (increase of 45,048 hectares)# Agricultural experts Opinion:Experts believe that timely rains, expectation of better minimum support price (MSP) and changing priorities of farmers are the main reasons for this increase. Falling paddy sowing could be an indication of water shortage or market conditions.read more :- Tamil Nadu: Cotton auction in Mayiladuthurai to begin at regulated markets from June 16

Tamil Nadu Cotton Auction from June 16To increase the income of cotton farmers and ensure fair prices, the Tamil Nadu government will begin procuring cotton through the electronic National Agriculture Market (e-NAM) platform from June 16. The auction will be held at four regulated market yards in Mayiladuthurai district - Kuthalam, Mayiladuthurai, Sembanarkoil and Sirkazhi.Cotton growers have been advised to bring clean, well-dried cotton to the yard to segregate high-quality produce from the rest, Collector H.S. Sreekanth said in a statement. Farmers were requested not to use plastic sacks for transportation to ensure correct weight and better price during the auction.To participate, farmers have to bring a copy of their Aadhaar card and bank passbook and register at the market yard. The Cotton Corporation of India and ginning mill owners from districts including Tirupur, Coimbatore, Cuddalore, Villupuram, Theni, Dindigul, Thanjavur and Kumbakonam have been informed and invited to join the procurement process.The cotton auction will be held weekly at scheduled times in four market yards. For specific queries about the auction, farmers can contact the respective market yard for guidance and information, Mr. Srikanth said.read more :- INR Opens Stronger by 8 Paise at 85.43

Rupee Gains 8 Paise, Opens at 85.43/USDIndian rupee opened marginally higher at 85.43 per dollar on Thursday versus Wednesday's close of 85.51.read more :-    Trump announces breakthrough trade deal with China; Beijing to supply ‘magnets, rare earths’

Trump announces breakthrough trade deal with China; Beijing to supply ‘magnets, rare earths’US President Donald Trump on Wednesday announced that an agreement had been reached between Washington and Beijing following two days of intense trade negotiations. Central to the deal is China’s commitment to supply the United States with essential magnets and any necessary rare earth materials, a critical issue that had previously stalled talks in London.According to Donald Trump's statement US in return will permit Chinese students to continue their studies at American colleges and universities, a move welcomed by both sides. However, the agreement remains subject to final approval by President Trump and Chinese President Xi Jinping.“Our deal with China is done, subject to final approval with President Xi and me. Full magnets, and any necessary rare earths, will be supplied, up front, by China. Likewise, we will provide to China what was agreed to, including Chinese students using our colleges and universities (which has always been good with me!). We are getting a total of 55% tariffs, China is getting 10%. Relationship is excellent! Thank you for your attention to this matter!” Trump wrote on Truth Social.read more :- INR higher 01 Paise, Closes at 85.51 per Dollar

The Indian rupee on wednesday higher 01 paise to close at 85.51 per dollar, while it opened at 85.52 in the morning.At close, the Sensex was up 123.42 points or 0.15 percent at 82,515.14, and the Nifty was up 37.15 points or 0.15 percent at 25,141.40. About 2173 shares advanced, 1730 shares declined, and 120 shares unchanged.read more :-  Maharashtra: Cotton Cultivation Advance sowing Cultivation in Girna Kath Area

Early Cotton Sowing in Girna Kath, MaharashtraAdvance sowing cultivation on drip irrigation starts every year by the end of May in the villages of Girna Kath in Nandgaon taluka. This year it has already started. However, the area under cultivation is expected to decrease this year. Local farmers said that farmers are inclined towards maize crop as an alternative to cotton crop.Last year, farmers had to face difficulties due to water shortage. In such a situation, cotton cultivation was done on drip irrigation in this area. This year there has been pre-monsoon rain. Since the water storage is satisfactory, farmers have started cultivation. However, it is estimated that this area will be less than the average compared to every year.Cotton seeds were sold from May 16 this year. Accordingly, cultivation has started after the seeds became available. Cultivation is being done in Borale, Amod, Girna Dam area, Malgaon and surrounding villages of Nandgaon taluka. This is because the demand for maize is increasing and fodder and losses are less.Along with this, due to the shortage of laborers, the trend of farmers towards cotton crop is decreasing this year. Apart from this, due to damage to the cotton crop due to post-monsoon rains, farmers have given preference to alternative crops.Inclination towards maize cropFarmers in the eastern part of the district are showing inclination towards maize crop as compared to cotton cultivation. Due to getting less price than the minimum support price last year, farmers are not enthusiastic about farming. Therefore, cultivation is expected to be less this year.Cotton cultivation has increased this year as compared to last year. There is a demand for maize, but our family has increased the area, because the farmers of the area have reduced cotton cultivation.read more :-Telangana: Karimnagar cotton farmers await rains after sowing begins

Rain Delay Worries Karimnagar Cotton FarmersKarimnagar : Cotton farmers in the district are eagerly awaiting rains, having prepared their fields and, in some cases, even sowed seeds early based on the India Meteorological Department's forecast of an early arrival of the monsoon. Encouraged by consistent pre-season rains and high yields from last year's early sowing, many farmers had begun cultivating cotton much earlier.The Centre's announcement of a hike in the minimum support price (MSP) for cotton by Rs 489 this season further boosted their optimism, leading more farmers to opt for the crop.However, their hopes have been dashed as the weather has turned dry with no rains since the past week. The early-sown cotton seeds are at risk of wilting if there is no rain in the coming days.Many farmers are now pinning their hopes on the forecast of rains in the next four days.Meanwhile, agriculture department officials have warned farmers not to sow in the prevailing drought conditions. They have advised to delay cultivation till adequate rainfall is recorded.According to the agriculture department, out of the targeted 48000 acres for this Kharif season, cotton has been cultivated in about 28000 acres so far.read more :- Maharashtra: Shortage of cotton seeds and DAP fertilizer in Akola, 'brake' on farmers' preparations?