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The Indian rupee higher by 13 paise against the US dollar on Friday, closing at ₹95.55 per dollar.The domestic currency opened at ₹95.68 against the US dollar and remained volatile throughout the trading session. It eventually settled at ₹95.55, up 13 paise from the previous close.At close, the Sensex was down 120.83 points or 0.16 percent at 74,781.76, and the Nifty was down 79.70 points or 0.34 percent at 23,398.10. About 1773 shares advanced, 2373 shares declined, and 190 shares unchanged.read more :- Tintoi Cotton Season Opens at ₹2,100

A Spectacular Start to the Cotton Season! Cotton Sold at ₹2,100 per Maund in TintoiThe new cotton season has kicked off at the Tintoi sub-yard in Modasa. Trading began with the arrival of the first batch of cotton harvested after the monsoon. On the opening day, the initial bid in the public auction started at ₹1,111 per maund, while the highest bid of ₹2,100 per maund was ultimately placed by the traders from 'Gurukripa'.Farmers were delighted to secure high prices for their cotton on the very first day of the new season. Traders also displayed enthusiasm regarding the procurement of the new cotton during the auction.Farmers in the region have sown cotton across an area exceeding 20,000 hectares this season. Consequently, cotton arrivals at the Tintoi sub-yard are expected to increase in the coming days.On the occasion of the season's first purchase, Pankajbhai Patel, Chairman of the Modasa Yard, congratulated the staff, traders, and farmers of the Tintoi sub-yard and extended his best wishes for a successful trading season.read more :-  Barwani Cotton Targets Premium Quality Identity

Barwani Cotton to Gain Quality Recognition; Incentives of Up to ₹500 Per BaleThe entire process—from farm to ginning—will be aligned with quality standards; preparations are underway to establish a cotton testing lab in the district.Efforts are being made to secure a distinct identity for Barwani district's cotton in both domestic and international markets by aligning the entire process—from the farm to the ginning stage—with quality standards. An initiative is underway to set up a cotton testing lab in the district under the 'Kasturi Cotton India' mission. This will enable scientific testing of cotton quality at the local level.Provisions have also been made to install post-cleaning machines in ginning units to enhance cotton quality. Furthermore, it has been announced that an incentive of up to ₹500 per bale will be provided for cotton promoted under the 'Kasturi Cotton' brand. This move aims to encourage farmers and ginning units to maintain high quality.In this regard, Lalit Kumar Gupta, CMD of the Cotton Corporation of India (CCI), held a discussion on Thursday via video conferencing with the District Collector, district officials, and traders associated with the ginning and spinning industries. The meeting focused on quality, cleanliness, and traceability to establish a unique identity for Barwani cotton in national and international markets.Under the mission, farmers will be sensitized to the importance of maintaining cleanliness right from the cotton-picking stage. Special emphasis will be placed on preventing the contamination of cotton with soil, leaves, debris, or other foreign materials. Subsequently, measures will be taken to ensure adherence to quality standards during storage, transportation, and ginning.Collector Jayati Singh stated that awareness regarding this initiative is being raised across the district. Necessary steps will soon be taken to advance this process, improve cotton quality, and secure better market access for Barwani cotton.read more :- Cotton Yarn Prices Surge 60%

Cotton Yarn Prices Soar 60%: Indian Textile Industry Faces Growing Cost CrisisIndia’s textile industry is facing growing cost pressure as cotton yarn prices have surged sharply, limiting the expected benefits from the country’s expanding free trade agreements (FTAs).According to the Apparel Export Promotion Council (AEPC), cotton yarn prices have risen nearly 60% to around ₹400 per kg from ₹250 per kg in early 2026. Apparel exporters have urged the government to consider measures to regulate yarn exports and contain domestic prices.Industry representatives say rising yarn prices and limited cotton availability are creating a serious challenge for the textile sector. Tiruppur Exporters’ Association Secretary General Kumar Duraiswamy said India is facing a shortage of around 10 lakh bales and called for extending duty-free cotton imports and increasing domestic production.Government data shows cotton production fell to 290.91 lakh bales in 2025-26, compared with 352.48 lakh bales in 2020-21. Industry players say lower production and international market conditions are contributing to higher yarn prices.Rising yarn costs are squeezing margins across the textile value chain. Primus Partners’ Kanishk Maheshwari said Tiruppur exporters estimate production costs have increased by up to 15%. High input costs are also raising fabric and garment costs, while exporters face difficulties passing the entire increase to global buyers.Industry experts believe FTAs can provide valuable market access, but high input costs could reduce India’s competitiveness. They called for predictable raw-material supplies, greater flexibility on cotton imports, improved productivity, technology adoption and supply-chain efficiency.Experts stressed that India must strengthen the entire textile value chain—from cotton and yarn to finished garments—to convert FTA opportunities into sustained export growth.read more :- The rupee opened at 95.68 against the dollar, down by 24 paise.

The rupee had closed at 95.44 on Thursday, whereas today it opened at 95.68 per dollar, registering a decline of 24 paise.Indian stock market benchmarks opened lower on Friday. In early trade, the Sensex was down by 700 points, while the Nifty fell by more than 200 points.Read More :- Rupee Falls 19 Paise to Close at ₹95.44 Against US Dollar

The Indian rupee weakened by 19 paise against the US dollar on Thursday, closing at ₹95.44 per dollar.The domestic currency opened at ₹95.25 per dollar and remained volatile throughout the trading session. It eventually settled at ₹95.44, down 19 paise from its opening level.At close, the Sensex was up 138.36 points or 0.19 percent at 74,902.59, and the Nifty was up 46.30 points or 0.20 percent at 23,477.80. About 1872 shares advanced, 2272 shares declined, and 155 shares unchanged.read more :- Jefferies Sees Long Textile Growth Cycle

Jefferies Expects Long Growth Cycle for India's Textile SectorIndia's textile sector could be entering a growth cycle that lasts for several years. Strategies by global brands to diversify supply chains and shift sourcing away from China are creating significant opportunities for India to boost exports and gain market share. However, according to a Jefferies report, the transition towards man-made fiber (MMF) remains a key structural challenge for the sector.The report notes that the global textile and apparel market is valued at over $900 billion, with apparel accounting for approximately 60% of the total. India stands to benefit from its integrated fiber-to-fashion ecosystem, an export base of around $37 billion, raw material availability, a skilled workforce, and supportive government policies.According to Jefferies, improved competitiveness and the restructuring of global supply chains present a multi-year opportunity for India to expand exports and capture market share. However, India's export mix remains heavily reliant on cotton-based products, whereas global demand is rapidly shifting towards MMF apparel, sportswear, and athleisure.Home textiles are also viewed as an attractive growth segment, accounting for roughly 7–10% of global textile and apparel trade. India holds a significant market share—ranging from 45% to 60%—in key home textile categories like bed linen and towels in the US, while its share in the UK and the European Union stands at approximately 5–25%, indicating ample room for further expansion in these markets.Free Trade Agreements (FTAs) could also accelerate export growth. The India-UK FTA, set to take effect in July 2026, and the potential India-EU FTA (expected from 2027) could improve India's tariff access to the approximately $220 billion textile and apparel import market.However, limited FTA coverage, relatively high logistics and compliance costs, low manufacturing capacity, and a weak presence in the MMF segment remain key challenges for India.read more :-  Gir Somnath Rain Delay Worries Farmers

Delayed rainfall raises concerns for farmers in Gir Somnath; groundnut, soybean, and cotton crops at critical stageFarmers in Gujarat's Gir Somnath district are concerned due to the delayed monsoon. Sowing has been completed across 147,323 hectares in the district this Kharif season, a figure roughly equal to last year's. Currently, groundnut, soybean, and cotton crops are at critical stages of development, making rainfall in the coming days crucial for the harvest.Sowing has covered 91,479 hectares for groundnut, 26,787 hectares for soybean, and 12,491 hectares for cotton. Fodder crops have also been sown across approximately 11,103 hectares. At present, groundnut is in the pod-filling stage, soybean is in the grain formation and filling stage, and cotton is in the flowering and bud formation stage.According to Jaideep Chauhan, Assistant Director of the Agriculture Department, most areas in the district have irrigation facilities, and farmers are currently watering their crops using groundwater. Consequently, despite the delayed rain, the condition of the crops has not yet deteriorated. However, a prolonged dry spell could increase pressure on groundwater and irrigation sources.The department indicates that if good rainfall occurs within the next 8 to 10 days, the likelihood of significant crop loss is low. Farmers have been advised to use water judiciously and adopt drip and sprinkler irrigation methods. Emphasis has also been placed on weed control and mulching to retain soil moisture. Priority has been advised for irrigation during the flowering and grain-filling stages.In the event of moisture stress, the Agriculture Department recommends spraying a 1–2% solution of urea or potassium nitrate (13:0:45) and ensuring timely harvesting once the crop matures. For now, farmers are awaiting good rainfall.read more :-  The rupee opened 15 paise lower at 95.25 against the dollar.

The rupee had closed at 95.10 on Wednesday, whereas today it opened at the weaker level of 95.25 per dollar.The Sensex closed 60.18 points or 0.08 percent higher at 74,824.41, and the Nifty closed 18.15 points or 0.08 percent higher at 23,449.65.Read More :- Textile Industry Faces Cotton Price Volatility

Textile Industry Concerned Over Cotton Price VolatilityAmidst persistent fluctuations in cotton and yarn prices, textile mills and garment units in Tamil Nadu are seeking measures to improve cotton availability.Ashwin Chandran, Chairman of the Confederation of Indian Textile Industry (CITI), stated that the surge in global demand for cotton yarn is a primary reason for the price volatility.He noted that demand for yarn in the international market has improved compared to recent years. While demand for cotton yarn was sluggish from 2023-24, demand for textile products across the value chain began to rise last December.Demand for yarn from China and Bangladesh has increased, and the domestic garment market is also witnessing a recovery, leading to an improved yarn market. Hosiery yarn exports primarily originate from mills in Gujarat, whereas mills in Tamil Nadu have a smaller share in this segment.Cotton futures prices had once touched 92 cents per pound and currently stand at around 86 cents. According to Chandran, the landed cost of clean cotton has risen by approximately ₹70 over the past year, while yarn prices have increased by about ₹95 per kilogram.Meanwhile, the Tiruppur Exporters and Manufacturers Association has appealed to the central and state governments to ban cotton exports. The association alleged that since January, certain large spinning mills and traders have artificially restricted cotton supplies, driving up yarn prices and placing increased pressure on small and medium enterprises (SMEs).According to the association, the country's cotton requirement is around 350 lakh bales, whereas domestic production stands at approximately 290 lakh bales. Although the government removed the 11% import duty on cotton and facilitated the import of about 62 lakh bales, prices continue to rise. The association has attributed this to artificial market manipulation and demanded government intervention.read more :- Rupee fell 23 paise to close at 95.10 per dollar

The Indian rupee lower by 23 paise against the US dollar on Wednesday, closing at ₹95.10 per dollar.The domestic currency opened at ₹94.87 against the US dollar and fluctuated throughout the trading session. It eventually closed at ₹95.10, down 23 paise from the opening level.At close, the Sensex was down 813.35 points or 1.08 percent at 74,764.23, and the Nifty was down 203.60 points or 0.86 percent at 23,431.50. About 1815 shares advanced, 2372 shares declined, and 174 shares unchanged.read more :- Kukshi Mandi New Cotton Auction Begins