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The Indian rupee on tuesday higher 16 paise to close at 85.81 per dollar, while it opened at 85.97 in the morning.At close, the Sensex was up 317.45 points or 0.39 percent at 82,570.91, and the Nifty was up 113.50 points or 0.45 percent at 25,195.80. About 2475 shares advanced, 1422 shares declined, and 148 shares unchanged.read more :- US tariffs may give India a boost in textile exports: SBI

India may gain share in Bangladesh, Cambodia and Indonesia's textile exports amid US tariffs: SBIA report by the State Bank of India suggests that India's apparel exports to the US may increase. This is due to tariff tensions on other Asian exporters. India currently has a 6% share. Gaining an additional 5% share could add 0.1% to India's GDP. Opportunities also exist in agricultural commodities and metal scrap.According to a recent report by the State Bank of India (SBI), India's apparel exports to the US may grow significantly amid the ongoing tariff tensions with major Asian exporters.The report highlights that India, which currently has a 6 per cent share in the US apparel import market, will benefit if it gains an additional 5 per cent share from competing countries. This potential gain could translate into a 0.1 per cent increase in India's GDP.The report said that apart from its strong position in the chemicals sector, India has a clear comparative advantage (RCA) in the textiles industry and exports apparel and accessories to the United States.However, it faces strong competition in this sector from countries such as Bangladesh, Cambodia, Indonesia and Vietnam. Of these, Vietnam currently enjoys a more favourable tariff structure.For the other countries, Bangladesh, Cambodia and Indonesia, the current US tariff structure puts them at a disadvantage compared to India, the report said.It said that "India could capture the apparel export share of Bangladesh, Cambodia and Indonesia".This analysis is supported by US import data for 2024. "Apparel and accessories" is prominent among the top five items imported by the US from Bangladesh, Cambodia and Indonesia, with Bangladesh contributing 88.2 per cent of its US exports, Cambodia 30.8 per cent and Indonesia 15.3 per cent.These countries may now face higher tariffs from the US, opening up opportunities for India to expand its presence.Apart from apparel, the SBI report identifies further export growth opportunities for India in other sectors, especially to countries impacted by US tariff changes.These include agricultural products, livestock and its products, waste and scrap, especially metal scrap, and various processed animal and plant products.The report concludes that India should actively leverage this trade shift and strengthen its export presence, especially in categories where it has a comparative advantage.By taking advantage of emerging opportunities amid changing global trade dynamics, India can not only boost its exports but also drive incremental growth in its economy.read more :- CCI sells over 67 lakh bales of cotton till July 11

CCI's cotton sales till July 11 was 67 lakh balesAmidst improved demand from mills and depleted stocks with the private trade, the Cotton Corporation of India (CCI) is witnessing good demand for its stocks. The State-run CCI has sold about 67.09 lakh bales (of 170 kg) in the ongoing 2024-25 marketing season till July 11, as per the latest data on its Website. CCI had procured over 1 crore bales at minimum support price (MSP) during the 2024-25 marketing season.Trade sources said the demand for cotton has improved from the mills and also from traders in the recent days. As CCI is currently the only large stockholder, it is witnessing demand for the fibre crop.“Demand for cotton is good and is going up” said Ramanuj Das Boob, a sourcing agent in Raichur and also the Vice President of All India Cotton Brokers Association. CCI, which had reduced the sale price to make its cotton stocks attractive, has now been steadily increasing the price over the past couple of weeks.Turning bullish“Most of the spinning mills have bought cotton and some traders are also buying it. There is no stock of cotton with the trade and the new arrivals will begin only by October. Traders also have covered a good quantity for resale,” said Boob.As the cotton price have gone up, the price of yarn has also seen an improvement. “There is some demand for yarn,” Das Boob said. Prices which were hovering around ₹55,000-55,500 have now inched up to ₹57,000 levels per candy (of 356 kg).Higher carryover stocks“The Indian cotton market has recently turned from bearish to bullish due to aggressive buying by spinners and traders after CCI reduced prices to attractive levels. However, with CCI having sold over 65 per cent of its stock (85 per cent in Gujarat), many mills have already covered their needs. New kapas arrivals are limited, and ginning activity remains largely shut across India. Yarn demand continues to be weak, and mills are cautious with inventory,” said Anand Popat, a trader of cotton, yarn and cotton waste in Rajkot, said in his weekly newsletter.Last week, the Cotton Association of India estimated that the season-end stocks for the current 2024-25 marketing year at around 55.59 lakh balesh, about 84 per cent higher than 30.19 lakh bales last season. The higher than estimated closing stocks are atttributed to the revised crop figures of 311.40 lakh bales from its earlier projections of 301.14 lakh bales.read more :- INR Opens Stronger by 2 Paise at 85.97

 Rupee opens marginally 02  paise higher at 85.97 against dollar The currency opened at 85.97 against the dollar after closing the previous session at 85.99.read more :- INR rises 02 Paise, Closes at 85.99 per Dollar

The Indian rupee on monday higher 02 paise to close at 85.99 per dollar, while it opened at 86.01 in the morning.At close, the Sensex was down 247.01 points or 0.30 percent at 82,253.46, and the Nifty was down 67.55 points or 0.27 percent at 25,082.30. About 1991 shares advanced, 2020 shares declined, and 151 shares unchanged.read more :- Akola cotton model will be implemented across the country: Agriculture Minister

Maharastra : Akola cotton planting model to be adopted across India: Agriculture minister.Akola: Union agriculture minister Shivraj Singh Chauhan emphasised that in order to stop cotton imports and initiate exports by 2030, high-density cotton planting techniques will be promoted nationwide. Chauhan highlighted that the Akola pattern of high-density cotton planting, implemented by farmer Dilip Thakre, has received national recognition.Similarly, Dilip Pohane from Wardha, with support from the Central Institute for Cotton Research (CICR), achieved increased productivity through dense cotton planting. As the benefits of these methods become evident, the govt plans to promote these across the country.Chauhan urged seed companies and the Indian Council of Agricultural Research (ICAR) to conduct research on cotton varieties best suited for high-density planting. He was speaking at a discussion session held on in Coimbatore, which focused on strategies to enhance cotton productivity.Speaking to, Dilip Thakre said the long-pending demand for an equipment testing institute in South India had been approved immediately."Research and quality improvement of indigenous cotton varieties will also be prioritised. This model will now be implemented across the country to raise productivity," Chauhan said. The minister showed great interest in the Akola pattern of high-density planting, referring to it multiple times in his speech.Present at the session were Union textile minister Giriraj Singh, Maharashtra agriculture minister Manikrao Kokate, vice-chancellor of Dr Panjabrao Deshmukh Agricultural University Dr Sharad Gadakh, vice-chancellor of Vasantrao Naik Marathwada Krishi Vidyapeeth, Parbhani, Dr Indra Mani, CICR director Dr Vijay Waghmare, cotton expert Govind Vairale, and farmers Dilip Pohane and Dilip Thakre.Chauhan acknowledged demand for HTBT technology and said the matter would be discussed with the environment ministry.Currently, unauthorised planting of HTBT (herbicide-tolerant Bt) cotton seeds is taking place in various regions. Considering farmer demands, discussions are underway to explore the possibility of legalising this technology, said the minister. Soil health was also highlighted as a crucial factor in improving productivity.Weed management has become a serious challenge in cotton-growing areas, with labour shortages and rising costs. The agriculture and textile ministries are working together to address this, he said.He stressed that developing new crop varieties and technologies is meaningless if they do not reach farmers. To bridge this gap, a stronger agricultural extension system will be developed to ensure effective transfer of knowledge from "lab to land."Key Points *Use of AI-based pheromone traps for pink bollworm control*Emphasis on affordable and accessible mechanisation*Strict regulation to prevent counterfeit seeds and inputs*Customised solutions for small and marginal farmers*Partnerships with seed companies and research institutes to develop improved varietiesread more :- Rupee falls 21 paise at open to 86.01 against US dollar

 Rupee opens 21 paise down against dollar at 86.01 as dollar risesThe currency opened at 86.01 against the US dollar after ending the previous session at 85.80.read more :- State Wise CCI Cotton Sale Details 2024-25

State-wise CCI Cotton Sales Details – 2024-25 SeasonThe Cotton Corporation of India (CCI) has raised per candy price by ₹1,000 this week. Following the price revision, CCI sold 10,43,800 bales during the week, bringing the total cotton bales sales for the 2024-25 season to approximately 66,89,400 bales. This represents around 66.89% 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 83.4% 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.read more :- CAI increases cotton stock to 55.5 lakh bales

CAI raises cotton stock to 55.5 lakh bales for 2024-25 seasonThe CAI estimates record stocks of cotton for the 2024-25 season, driven by projected growth in production, consumption and imports.The ending stocks of cotton in the country for the current 2024-25 season ending in September are estimated at around 55.59 lakh bales (each of 170 kg) - up by nearly 84 per cent from the previous year's 30.19 lakh bales, according to the latest estimates of trade organisation Cotton Association of India (CAI).In a statement, CAI President Atul Ganatra said cotton crushing for the 2024-25 season is estimated at 311.40 lakh bales - higher than the previous estimate of 301.14 lakh bales due to an increase in crop size.Higher pressuresThis increase is due to higher than expected pressures in Maharashtra (5 lakh bales), Gujarat and Telangana (1.5 lakh bales each) and 1 lakh bale fibre crop pressure in Karnataka. Andhra Pradesh, Haryana and Rajasthan also witnessed marginal increase in pressure numbers due to improved crop arrivals.CAI estimates total cotton supply at end-June to be 356.76 lakh bales, comprising 296.57 lakh bales of pressure, 30 lakh bales of imports and 30.19 lakh bales of opening stocks. Consumption at end-June stood at 233.5 lakh bales, while exports are estimated at 15.25 lakh bales. Opening stocks are estimated at 108.01 lakh bales by end-June 2025. This includes 32.00 lakh bales with textile mills and the remaining 76.01 lakh bales with CCI, Maharashtra Federation and others (MNCs, traders, ginners, exporters, etc.), which includes cotton sold but not delivered.Increase in productionCAI has estimated the total cotton supply by the end of cotton season 2024-25 at 380.59 lakh bales as against the earlier estimate of 370.34 lakh bales due to higher production in some states. Domestic consumption for this season is estimated to increase marginally to 308 lakh bales as against the earlier estimate of 305 lakh bales, while exports are estimated at 17 lakh bales. In fact, exports this season are estimated to be 40 per cent lower than last year's 28.36 lakh bales.Cotton imports for the year 2024-25 are estimated at 39 lakh bales, more than double the previous year's estimate of 15.2 lakh bales. CAI said about 30 lakh bales are expected to reach Indian ports by the end of June.Meanwhile, cotton sowing is going on at a good pace in major producing states. As of July 7, the fibre crop has been sown in about 79.54 lakh hectares (LH), slightly higher than 78.58 LH a year ago.read more :-  Initiative to make cotton farming profitable: Shivraj Singh

Efforts to make cotton farming profitable: Union Minister Shivraj SinghCOIMBATORE : The penalty and legal action against firms selling substandard cotton seeds and fertilisers will be reframed, statedUnion Minister for Agriculture and Farmers' Welfare Shivraj Singh Chouhan in Coimbatore on Friday.He also said the ministry is working to make cotton farming a profitable business for the farmer.The minister participated in an event named 'Consultation with Stakeholders on Enhancing Cotton Productivity' at ICAR-Sugarcane Breeding Institute.Addressing the press, the minister said, "We will start a new cotton revolution from Coimbatore. We had a discussion on the problems faced in cotton production and how to increase its productivity.?Ways to combat diseases affecting cotton were also discussed, he added."Our farmers should produce the kind of cotton that the industry needs so that the profit of the farmers should increase. We will do research after listening to all these problems. Many experiments are going on. We are using AI to trap and kill the bacteria and viruses that cause diseases in cotton," Chouhan stated.On the increasing human-wildlife conflict issue, the central minister said, "Agriculture and forest are State Subjects. The Union Government has been providing necessary cooperation altogether whenever the State Government requires it."read more :-  CCI increased the price of cotton, 66% sales through e-bidding

CCI Boosts Cotton Prices, sold 66% of 2024–25 Procurement via E-BiddingThe Cotton Corporation of India (CCI) conducted online bidding for cotton bales throughout the week, with significant trading activity observed across both the Mills and Traders sessions. Over the course of five days, CCI increased its prices by a total of ₹1,000 per candy.As of now, CCI has sold approximately 66,89,400 cotton bales for the 2024–25 season, representing 66.89% of its total procurement for the season.Date wise weekly Sales Summary :-07 July 2025:A total of 1,93,000 bales were sold — including 1,92,800 bales from the 2024–25 season and 200 bales from the 2023–24 season.Mills session: 55,000 balesTraders session: 1,37,800 bales (including 200 bales from 2023–24)08 July 2025:The highest daily sales of the week were recorded on this day, with 3,10,000 bales sold — 3,09,900 bales (2024–25) and 100 bales (2023–24).Mills session: 87,200 balesTraders session: 2,22,800 bales (including 100 bales from 2023–24)09 July 2025:Sales amounted to 2,33,000 bales, all from the 2024–25 season.Mills session: 72,500 balesTraders session: 1,60,500 bales10 July 2025:A total of 1,82,500 bales were sold — 1,82,400 bales (2024–25) and 100 bales (2023–24).Mills session: 80,900 bales (including 100 bales from 2023–24)Traders session: 1,01,600 bales11 July 2025:The week concluded with sales of 1,25,300 bales, all from the 2024–25 season.Mills session: 44,100 balesTraders session: 81,200 balesWeekly Total:CCI achieved total sales of approximately 10,43,800 bales for the week, underscoring its strong market engagement and the growing efficiency of its digital transaction platform.read more :- Shivraj Singh Chouhan Chairs Cotton Meet in Coimbatore