Rupee weakens by 1 paise against dollarToday evening, the rupee closed at a level of Rs 78.97 with a weakness of 1 paise against the dollar.Today the stock market closed with a fall.Today, where the Sensex closed at the level of 53018.94 points down by 8.03 points.On the other hand, Nifty closed at a level of 15780.30 points down by 18.80 points.
Cotton needs a long-term strategyA panel of central and state ministries, industry bodies from seed, textile and fertilizer sectors is the need of the hour. Cotton fabric is an eco-friendly material and should be used more widely. Affordable cotton prices are the key. The textile industry is in the worst shape due to the current shortage and high cotton prices. Cotton exports worth $2 billion are in danger. India cultivates cotton on 12 million hectares but lags behind in productivity. The current productivity of 440 kg/ha of lint, down from its highest level of 516 kg/ha five years ago, compares poorly with the global average of 775 kg/ha.In the absence of a clear strategic policy and an enabling regulatory environment, India may not be able to provide cotton at an affordable cost to the textile industry. India being the largest exporter of cotton can become a net importer in 2013-14.India's cotton production tripled from 13 million bales in 2002 to a peak of 39 million bales in 2013, but declined to 32 million bales last year. For the past five years, cotton yields have stagnated and recently started declining, putting pressure on supply. The demand-supply imbalance has pushed up the prices and hit the textile industry hard. The textile industry requires 45 million bales by 2026 for domestic purpose and to meet exports to countries like Bangladesh and Vietnam.It is unlikely that India will produce enough cotton in five years unless a strategy involving multiple stakeholders and central and state ministries is drawn up immediately.productivity depressed62 districts for 37 per cent of the cotton area have very low yields of 230 kg/ha and another 69 districts have a moderate yield of 420 kg/ha in 35 per cent of the area. The productivity in the rest of the area is reasonably 615 kg/ha.Yield loss due to pink larva, sycamore rot and sucking pest as well as costly weed management has become a nightmare for the cotton farmer. Farmers have to pay 20 per cent of their revenue for harvesting cotton. Rising cost of production is affecting the livelihood and income of 70 lakh cotton farmers.In addition, no new biotech traits for cotton seeds have been approved for commercialization since 2005, resulting in inefficiencies in pest control leading to yield declines.Many countries achieved a ginning out-turn of 40-45 percent as compared to 30-35 percent in India.This means we are losing 20 percent of lint productivity compared to other countries. Lack of up-gradation of agricultural practices and mechanization of operations including harvesting is causing inefficiency in cotton production.Inadequate investment in seed research due to price control on cotton seeds has meant lack of development of high quality cotton seed varieties in the last 10 years.way forwardA holistic and long-term strategic approach is required. Starting from cotton seed, crop protection, crop nutrition, irrigation, mechanization, market, guinea and end user, many links in the value chain are to be optimized and technologically advanced. There should be an alignment between the various central ministries and between the Center and the states where cotton is grown or the textile units are based. We need an end-to-end integrated approach.If India is to achieve the global average productivity, it will have to adopt breakthrough technologies and introduce new production systems as outlined below.High Density Planting System (HDPS): Increase plant population from existing 15,000-25,000 per hectare to 75,000-1,00,000 with optimized farming practices leading to 30 percent increase in yield. India needs to develop compact plant types which are suitable for increasing the plant population. This would require breeding effort from the seed industry in partnership with ICAR-CICR and ICAR-SIRCOT. Farmers are encouraged to adopt this method.
ANDHRA PRADESH KHARIF - 2022 SEASON SOWING REPORT AS ON 29 JUNE 2022
Rupee opens 7 paise stronger against dollarRupee opened strongly against the dollar in the foreign exchange market today. Today the rupee opened with a strength of 7 paise at Rs 78.90 against the dollar. At the same time, on Tuesday, the rupee closed at Rs 78.97 with a loss of 43 paise against the dollar.Sensex rises further, opens up 187 pointsToday the stock market opened with great momentum. Today the BSE Sensex rose by about 187.25 points to open at the level of 53214.22 points. On the other hand, the Nifty of NSE opened with a gain of 48.90 points at the level of 15848.00 points.
All India Weather Forecast for June 30, 2022Countrywide weather systemsA Cyclonic Circulation is persisting over West Central Arabian Sea.Another Cyclonic Circulation is persisting over Northwest Rajasthan.advertisementA trough is extending from a cyclonic circulation over Northwest Rajasthan to Odisha coast across Northeast Rajasthan, North Madhya Pradesh and Chhattisgarh.A trough is extending from North Maharashtra Coast to North Kerala Coast.Weather movement across the country during the last 24 hoursDuring the last 24 hours, Assam, Meghalaya, Arunachal Pradesh, Sub-Himalayan West Bengal, Sikkim, East Bihar, East Uttar Pradesh, Coastal Karnataka, Coastal Andhra Pradesh, Telangana and one or two places over Lakshadweep and Vidarbha.Light rain occurred over Odisha, Interior Karnataka, Tamil Nadu, Jharkhand, Bihar, Gangetic West Bengal and West Uttar Pradesh.Light to moderate rain occurred at isolated places over rest of Northeast India, parts of Madhya Pradesh, Chhattisgarh, Maharashtra, Kerala, Andaman and Nicobar Islands, Southeast Rajasthan, Himachal Pradesh and Uttarakhand.Weather activity likely during next 24 hoursMonsoon is very likely to reach East Uttar Pradesh, parts of Uttarakhand and Himachal Pradesh today, June 29.During the next 24 hours, light to moderate rain is likely over Sub-Himalayan West Bengal, Sikkim, parts of Assam, many parts of Uttar Pradesh, parts of Madhya Pradesh, South Gujarat, Coastal Maharashtra and Coastal Karnataka.Light to moderate rain may occur at one or two places over Bihar, Jharkhand, Chhattisgarh, Lakshadweep, Telangana, Uttarakhand and Himachal Pradesh.Light to moderate rain is possible over rest of Northeast India, Odisha, remaining parts of Chhattisgarh, Andhra Pradesh, remaining parts of Telangana, Interior Karnataka, East Rajasthan, parts of East Gujarat, Tamil Nadu and Andaman & Nicobar Islands.Light rain may occur at one or two places over Punjab, Haryana, Delhi and parts of Jammu and Kashmir. Rain activities are expected to increase significantly in these states till tomorrow i.e. June 30.Light rain is possible over Coastal Tamil Nadu, Rayalaseema and Jammu and Kashmir.
TELANGANA Kharif-2022 Season Sowing Report As On 29 Jun 2022KAPAS: 22,75,551Area in Acres
Today evening the rupee closed at Rs 78.97 with a weakness of 20 paise against the dollar.Sensex falls further, breaks 150 pointsToday the stock market closed with a fall.Today, where the Sensex closed at a level of 53026.97 points down by about 150.48 points.On the other hand, Nifty closed at the level of 15799.10 points with a fall of 51.10 points.
Cotton sown in 84 thousand acres in Tamil NaduFarmers, happy with the better prices of cotton in the last season, are engaged in sowing more and more quantity of cotton this time. In Tamil Nadu's Trichy, Tiruvarur, Nagapattinam and Thanjavur regions, this time farmers have sown cotton in 84,000 acres, compared to only 50,000 acres last year. According to the officials of the Agriculture Department, this time farmers are giving importance to cotton cultivation instead of paddy cultivation in summer. Because in this they see the possibilities of getting more benefits.Cost less returns in cottonExperts say that this state is facing water shortage, which is why gradually farmers have started migrating from paddy to cash crops like cotton. Because the water, cost and labor is much less in the cultivation of cotton as compared to paddy. If we look at the figures, the total cost of cultivation of cotton is around 30 thousand rupees per acre and it gives a return of 1.5 lakh rupees per acre. Whereas paddy ensures a return of only Rs 60,000 per acre. But since there is a slight difference in the time of sowing and harvesting of both the crops, some farmers also cultivate rice as fallow cotton during summer.40 percent increaseThe farmers of Tiruvarur, Thanjavur and Nagapattinam usually sow cotton between the last week of February and the first week of March and the crop is usually ready for harvesting between July and August. Whereas in Trichy, farmers sow cotton using the rains between July 15 and August 15. A Ravindran, joint director of agriculture, Tiruvarur region, said last year the yield was good and farmers were able to produce 15 to 18 quintals per acre. The director of Nagapattinam said that the area under cultivation has increased by 40 percent this year as compared to last year. The farmers had produced 7,799 quintals during 2021-22 as against 11,399 quintals this year.
KARNATAKA COTTON SOWING AS ON 24/06/2022
Rupee collapses against dollar, opens at record low levelRupee opened with weakness today against the dollar in the foreign exchange market. Today the rupee opened with a weakness of 8 paise at Rs 78.85 against the dollar. At the same time, on Tuesday, the rupee closed at Rs 78.77 with a loss of 43 paise against the dollar.Sensex collapses as soon as it opens, registers a fall of 495 pointsToday the stock market opened with a fall. Today the BSE Sensex fell by about 495.34 points and opened at the level of 52682.11 points. On the other hand, NSE's Nifty fell by 134.00 points and opened at the level of 15716.20 points.
All India Weather Forecast for June 29, 2022Countrywide weather systemsOn June 27, Southwest Monsoon has advanced into most parts of Arabian Sea and most parts of Gujarat.A cyclonic circulation is extending up to mid-troposphere level over northeast Arabian Sea.Another Cyclonic Circulation is persisting over Central parts of Madhya Pradesh and adjoining region.A trough is extending from a cyclonic circulation over Madhya Pradesh to a cyclonic circulation over Northeast Arabian Sea.An Offshore Trough is extending from South Gujarat Coast to North Kerala Coast.Another cyclonic circulation can be seen over Southwest Rajasthan and adjoining area.The East West Trough is extending from a cyclonic circulation over Southwest Rajasthan to West Central Bay of Bengal over South East Rajasthan, Madhya Pradesh, Chhattisgarh and South Odisha.Weather movement across the country during the last 24 hoursDuring the last 24 hours, moderate to heavy rains occurred over parts of Sub-Himalayan West Bengal, Sikkim, parts of Assam, Meghalaya, Arunachal Pradesh and Vidarbha.Light to moderate rain occurred at one or two places over Coastal Andhra Pradesh, Konkan and Goa, parts of Madhya Maharashtra and Coastal Karnataka.Light to moderate rain occurred at one or two places over Kerala, Lakshadweep, South Coastal Andhra Pradesh, parts of Marathwada, Chhattisgarh, Madhya Pradesh and Himachal Pradesh.Light rain occurred at one or two places over Rayalaseema, Telangana, Odisha, Southeast Rajasthan, parts of Gujarat, Uttar Pradesh, Uttarakhand and Bihar, Gangetic West Bengal and Interior Tamil Nadu.Weather activity likely during next 24 hoursConditions are becoming favorable for the onset of monsoon over parts of Uttar Pradesh and Uttarakhand in the next 24 hours.Light to moderate rain is possible at isolated places over Sub-Himalayan West Bengal, Sikkim, Assam, Meghalaya, Arunachal Pradesh, Konkan and Goa, Coastal Karnataka, parts of South-West Madhya Pradesh, Gujarat region, North Madhya Maharashtra, Marathwada, Vidarbha and others. Is. At one or two places in Telangana, Chhattisgarh and Andaman and Nicobar Islands.Light to moderate rain is possible over foothills of Uttar Pradesh, Odisha, Coastal Andhra Pradesh, Kerala, Lakshadweep, South Madhya Pradesh, Uttarakhand and parts of Uttar Pradesh.Light to very light rain is possible over western parts of Jammu and Kashmir, Himachal Pradesh and Uttar Pradesh.Light rain and thundershowers may occur over parts of Punjab, Haryana, Delhi and Northeast Rajasthan on June 29.
RAJASTHAN Kharif-2022 Season Sowing Report As On 27 Jun 2022-KAPAS : 545.18
Rupee weakens by 43 paise against dollarToday evening, the rupee closed at Rs 78.77 with a loss of 43 paise against the dollar. The same had closed on Monday at the level of 78.34.General uptrend in stock market todayToday, where the Sensex closed at the level of 53177.45 points with a gain of about 16.17 points.
Know what is the status of cotton import and export in VietnamVietnam is one of the major countries in which the Indian cotton industry is associated with the import and export of cotton. Any changes that take place in Vietnam regarding cotton import and export have an impact on the Indian industry as well. Let us know the current status of cotton import and export industry in Vietnam.According to a recent report based on CCF Imports and Exports, cotton imports in Vietnam declined by 23.8 percent year-on-year in May, while it increased by 24.1 percent on a month-on-month basis, according to the same report. and now it has increased to 1,20,400 tonnes. While looking at the yarn data, the report says that yarn imports have registered a growth of 9.1 percent on a month-on-year basis and 22.4 percent on a month-on-month basis. Looking at yarn exports, there has been a decline of 18.3 percent year-on-year and 6.7 percent month-on-month, respectively. In contrast, clothing imports grew by 5.9 per cent year-on-year and 9.9 per cent month-on-month.Vietnam's textile and apparel exports grew 23.2 percent year-on-year and 0.6 percent month-on-month. Compared to April, apparel exports declined 3.6 percentage points year-on-year this month and 2.7 percent month-on-month.report conclusionThe conclusion of this CCF report is that Vietnam's textile and apparel exports showed positive growth in May. However, there has been a decline in year-on-year and month-on-month as compared to April. The profits of Vietnamese cotton yarn mills have also declined due to rising cotton prices.At a glance, understand this report of May like this- Decline in cotton importsYarn import boom- Decline in yarn exports- Increase in textile exports
Chinese yarn profit recovers after cotton price fallsDuring the period from June 20- June 24, the Zhengzhou market declined sharply by 1000 yuan/mt. The significant reason behind is the macro environment. Under the macro sentiments all the global recessions got intensified. In both Chinese and International markets, the prices of commodities got lowered down.The major affecting factor for cotton futures decline is mainly the macro sentiment. Ice cotton futures tumbles which in result weakens the Chinese cotton market.It is also heard that the Chinese government may sell imported cotton and purchase Xinjiang cotton, with a reserving volumekt.
Sensex falls by 189 points as soon as it opensToday the stock market opened with a fall. Today the BSE Sensex fell by about 189.31 points and opened at the level of 52971.97 points. On the other hand, the Nifty of NSE opened at a level of 15779.30 points down by 52.70 points.Rupee collapses against dollar, opens weak by 23 paiseRupee opened with weakness today against the dollar in the foreign exchange market. Today the rupee opened with a weakness of 23 paise at Rs 78.57 against the dollar. At the same time, on Monday, the rupee closed at Rs 78.34 with the strength of 1 paise against the dollar.
| title | Created At | Action |
|---|---|---|
| Rupee weakens by 1 paise against dollar | 30-06-2022 23:34:58 | view |
| Cotton needs a long-term strategy | 30-06-2022 22:45:00 | view |
| ANDHRA PRADESH KHARIF - 2022 SEASON SOWING REPORT AS ON 29 JUNE 2022 | 30-06-2022 19:25:03 | view |
| Rupee opens 7 paise stronger against dollar | 30-06-2022 17:18:07 | view |
| All India Weather Forecast for June 30, 2022 | 30-06-2022 17:02:03 | view |
| TELANGANA Kharif-2022 Season Sowing Report As On 29 Jun 2022 | 30-06-2022 00:56:28 | view |
| Today evening the rupee closed at Rs 78.97 with a weakness of 20 paise against the dollar. | 29-06-2022 23:12:20 | view |
| Cotton sown in 84 thousand acres in Tamil Nadu | 29-06-2022 21:14:13 | view |
| KARNATAKA COTTON SOWING AS ON 24/06/2022 | 29-06-2022 20:14:18 | view |
| Rupee collapses against dollar, opens at record low level | 29-06-2022 17:26:14 | view |
| All India Weather Forecast for June 29, 2022 | 29-06-2022 15:47:52 | view |
| RAJASTHAN Kharif-2022 Season Sowing Report As On 27 Jun 2022 | 29-06-2022 01:31:30 | view |
| Rupee weakens by 43 paise against dollar | 28-06-2022 23:37:13 | view |
| Know what is the status of cotton import and export in Vietnam | 28-06-2022 22:28:02 | view |
| Chinese yarn profit recovers after cotton price falls | 28-06-2022 20:22:51 | view |
| Sensex falls by 189 points as soon as it opens | 28-06-2022 17:12:52 | view |
