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All India Weather Forecast for June 24, 2022

All India Weather Forecast for June 24, 2022Weather systems made across the countryA Western Disturbance is over Jammu and Kashmir and adjoining areas which is moving eastwards.A Cyclonic Circulation is persisting over Jharkhand and adjoining parts of North Odisha.A trough is extending from the cyclonic circulation over Jharkhand and Odisha up to North Coastal Andhra Pradesh.Another trough is extending from South Gujarat Coast to Kerala Coast.Weather movement across the country during the last 24 hoursDuring the last 24 hours, heavy to very heavy rainfall occurred at one or two places over Odisha, East Rajasthan, Coastal Karnataka, parts of Konkan and Goa and over Manipur and Andaman and Nicobar Islands.Light to moderate rain occurred over parts of Gujarat, Madhya Pradesh, Chhattisgarh, Kerala, Lakshadweep, Rayalaseema, Interior Maharashtra, Jharkhand, Assam, Jammu and Kashmir and parts of Himachal Pradesh.ADVERTISEMENTLight rain was observed at one or two places over Interior Karnataka and Telangana, Uttar Pradesh, Bihar, Rajasthan and Himachal Pradesh.Northwesterly dry winds have started over parts of Northwest India and Central India, increasing the temperature.Weather activity likely during next 24 hoursDuring the next 24 hours, light to moderate rain at isolated places is likely over Andaman & Nicobar Islands, Coastal Karnataka, parts of Konkan & Goa, Madhya Maharashtra, Sub-Himalayan West Bengal.Light to moderate rain with isolated heavy falls is possible over Sikkim, Assam, Arunachal Pradesh, Nagaland, Interior Maharashtra, South Chhattisgarh and Odisha. ,Light to moderate rain may occur over rest of Northeast India, Interior Odisha, Kerala, Interior Karnataka, parts of Tamil Nadu, Rayalaseema, Telangana and Lakshadweep.Light rain is possible at one or two places over Bihar, Jharkhand, Gangetic West Bengal, North Chhattisgarh, South and East Gujarat, parts of Southwest and East Madhya Pradesh and Western Himalayas.The weather of Northwest India including Punjab, Haryana, Delhi, most parts of West and Central Uttar Pradesh, northern parts of Rajasthan and Madhya Pradesh will remain dry for at least the next 2 to 3 days.The maximum temperatures are likely to rise further over parts of Northwest and Central India.

Rising cotton prices increased the problems, by October, only 5 to 7 percent of ginning and pressing factories in the country will be able to operate

Rising cotton prices increased the problems, by October, only 5 to 7 percent of ginning and pressing factories in the country will be able to operateThe limited availability of cotton has put the ginning and pressing unit operators in jeopardy. Due to prevailing cotton prices and limited availability of cotton in the market, most of the factories have closed their operations. According to a research, there are a total of 3500 ginning and pressing units across the country. Out of which only 5 to 7 percent units will be able to operate till October. Most of the factories are forced to shut down their operations from now on.35% reduction in spinners consumption Cotton Association of India President Atul Ganatra said that speculators in the futures market have artificially increased the prices of cotton in the Indian market. However, in the last week, there has been a fall in the futures price of December. Cotton is being sold in India at a price of about 98 thousand to 1 lakh rupees per candy. With cotton becoming so expensive, the operation of ginning and pressing mills has become completely impractical. Generally, ginners sell their final products to spinners. But the consumption of spinning mills has also come down by 30 to 35 percent. The demand for spinners will remain high due to higher raw material prices. Only 20 factories out of 650 in Gujarat are operationalThe owner of a ginning and pressing factory in Gujarat said that out of the total ginning and pressing factories in the country, 650 factories are in Gujarat, out of which only 20 to 25 factories are operational at present. And due to lack of raw material, this factory may also stop working by the first week of July. Gujarat is followed by 500 factories in Maharashtra, 400 factories in Andhra and Telangana together, 350 odd factories in Punjab and Haryana, 250 in Karnataka and 125 in Tamil Nadu.

US ban on Xinjiang products violates trade rules: Chinese association

US ban on Xinjiang products violates trade rules: Chinese associationThe U.S. ban on all imports from China's Xinjiang Uygur Autonomous Region is in violation of international economic and trade rules, the China National Textile and Apparel Council (CNTAC) said Wednesday.The U.S. ban on all imports from China's Xinjiang Uygur Autonomous Region is in violation of international economic and trade rules, the China National Textile and Apparel Council (CNTAC) said Wednesday.The CNTAC said it strongly opposes the U.S. ban, which has not only seriously damaged the overall interests of China's textile industry, but will also harm the normal order of the global textile industry.The remarks came after a ban on imports of all products related to Xinjiang by the U.S. Customs and Border Protection on Tuesday, based on the so-called "Uyghur Forced Labor Prevention Act."Xinjiang cotton, the quality of which is recognized globally, accounts for about 20 percent of the world's total cotton output and is a vital guarantee for the healthy and sustainable development of both the Chinese and global textile industries, the CNTAC said.Noting that the U.S. move is a malicious suppression of China's textile industry, the council said it seriously jeopardizes the security and stability of the industrial and supply chains of the global textile industry, and hurts the interests of workers in the global textile industry.Stressing that forced labor is explicitly prohibited under Chinese law, the CNTAC said that Chinese textile enterprises strictly abide by the laws, and that the so-called forced labor does not exist in China's textile industry.The CNTAC said it believes that China's textile industry will respond effectively to various risks and challenges with the support of the Chinese government.

All India Weather Forecast for June 23, 2022

All India Weather Forecast for June 23, 2022Weather systems made across the countryA Western Disturbance is over Jammu and Kashmir and adjoining areas.The Induced Cyclonic Circulation lies over Northwest Rajasthan.Another Cyclonic Circulation is persisting over Jharkhand and adjoining parts of Odisha.A trough is extending from South Gujarat Coast to Kerala Coast.Weather movement across the country during the last 24 hoursDuring the last 24 hours, light to moderate rain occurred at isolated places over Jammu and Kashmir, Coastal Karnataka, parts of Vidarbha, South Madhya Pradesh and Jharkhand, Rajasthan, Marathwada and Uttarakhand.Punjab, Haryana, remaining parts of Madhya Pradesh, Konkan and Goa, Madhya Maharashtra, Marathwada, Kerala, Tamil Nadu, Telangana, Coastal Andhra Pradesh, Andaman and Nicobar Islands, parts of western Uttar Pradesh and West Bengal, Sikkim and Northeast India Light to moderate rain occurred in some parts.Except South Tamil Nadu, East Madhya Pradesh, East Uttar Pradesh and Gujarat, rest of the country received light rain.Weather activity likely during next 24 hoursDuring the next 24 hours, light to moderate rain with light rain very likely over parts of Sikkim, Sub-Himalayan West Bengal, parts of Assam, Meghalaya, Konkan & Goa, Coastal Karnataka, Andaman & Nicobar Islands .Light to moderate rain with one or two heavy spells is possible over Odisha, South Chhattisgarh, Madhya Maharashtra Coastal Karnataka and South Gujarat.Light to moderate rain is possible over rest of Northeast India, parts of Bihar, Jharkhand, West Bengal, Interior Odisha, Vidarbha, Marathwada, Telangana, Kerala, Interior Karnataka, Lakshadweep, South Gujarat and Western Himalayan regions.Light rain is possible over Chhattisgarh and Tamil Nadu.The weather is very likely to remain dry for at least next 3 to 4 days over western Himalayas, Punjab, Haryana, Delhi, Rajasthan, Kutch, most parts of Uttar Pradesh, Madhya Pradesh, western parts of Jharkhand and most parts of Bihar.

This is a difficult time for spinners.

This is a difficult time for spinners.Small size yarn spinners will be in trouble for the first 6 months of 2023 due to increased cotton prices. However, according to experts, a good monsoon can bring a lot of improvement in the coming 6 months. If we look at the whole year, the cotton bale which was available for Rs 35,829 in 2022 has increased to Rs 46,700 per bale in 2023. The rise of 30 percent in one year is troubling the small traders a lot. If experts are to be believed, this is gradually affecting the margin and volume growth of the home textile industry. At the same time, with rising interest rates, it is also reducing the purchasing power of the consumer class. According to a report by India Ratings, about 10 per cent of the 2,100 spinning units in the southern parts of India are closed because they cannot afford locally produced cotton. Similarly, spinning mills in Gujarat and Ludhiana are also operating at less than 50 per cent capacity on an average.To cool down cotton prices and boost domestic demand, the government has increased the minimum support price (MSP) of kharif crops, raised the MSP of cotton by 6.18 per cent to Rs 6,080 per quintal and restricted exports till domestic demand is met. Is.Despite the government's focused efforts, analysts expect margin pressure on the textile industry to mount as companies are hesitant to pass on price hikes to consumers entirely. "While the government's increased MSP support for cotton prices may bring some relief to the farmers, the cost being passed on by the textile companies to the consumers will have to be monitored," Shah said.Meanwhile, shares of cotton yarn spinning mills remained under pressure in CY22. KPR Mills, Ambika Cotton, Trident, Nahar Spinning, Nitin Spinners, Vardhman Textiles, Lakshmi Mills have slipped from 14 per cent to 46 per cent in CY22 so far. In comparison, the S&P BSE Sensex lost over 11 per cent during the same period, ACE Equity data shows.

Rupee collapses against dollar, opens weak by 6 paise/ Sensex collapses as soon as it opens, registers a fall of 374 points

डॉलर के मुकाबले रुपया धड़ाम, 6 पैसे कमजोर खुलाविदेशी मुद्रा बाजार में डॉलर के मुकाबले रुपया आज कमजोरी के साथ खुला। आज डॉलर के मुकाबले रुपया 6 पैसे की कमजोरी के साथ 78.13 रुपये के स्तर पर खुला। वहीं, मंगलवार को डॉलर के मुकाबले रुपया 9 पैसे की कमजोरी के साथ 78.07 रुपये के स्तर पर बंद हुआ।खुलते ही सेंसेक्स धड़ाम, 374 अंक की गिरावट दर्जआज शेयर बाजार गिरावट के साथ खुला। आज बीएसई का सेंसेक्स करीब 374.08 अंक की गिरावट के साथ 52157.99 अंक के स्तर पर खुला। वहीं एनएसई का निफ्टी 114.90 अंक की गिरावट के साथ 15523.90 अंक के स्तर पर खुला।Rupee collapses against dollar, opens weak by 6 paiseRupee opened with weakness today against the dollar in the foreign exchange market. Today the rupee opened with a weakness of 6 paise at Rs 78.13 against the dollar. At the same time, on Tuesday, the rupee closed at Rs 78.07 with a weakness of 9 paise against the dollar.Sensex collapses as soon as it opens, registers a fall of 374 pointsToday the stock market opened with a fall. Today the BSE Sensex fell by about 374.08 points and opened at the level of 52157.99 points. On the other hand, the Nifty of NSE opened at a level of 15523.90 points down by 114.90 points.

All India Weather Forecast for June 22, 2022

All India Weather Forecast for June 22, 2022 Weather systems made across the country A Western Disturbance is over Jammu and Kashmir and Ladakh region.A Cyclonic Circulation is persisting over North Rajasthan, Punjab and Haryana.An East-West Trough is extending up to Rajasthan, Delhi, Uttar Pradesh, Bihar, North West Bengal and Assam.A cyclonic circulation lies over Southwest Bay of Bengal, off Tamil Nadu coast.A North-South Trough is extending over the Arabian Sea off Konkan, Goa and Coastal Karnataka.Weather movement across the country during the last 24 hoursDuring the last 24 hours, heavy to very heavy rainfall was observed over West Coast, Assam, Meghalaya, Sub Himalayan West Bengal, Gujarat region, parts of Tamil Nadu, Kerala.Light to moderate rain was observed over Gangetic West Bengal, Rayalaseema, North Coastal Tamil Nadu, South Gujarat, North Konkan and parts of Goa, Chhattisgarh, Madhya Pradesh and Southeast Rajasthan.Light to moderate rain occurred over Bihar, Odisha, Jharkhand, rest of Konkan and Goa, Lakshadweep, Uttarakhand and Delhi NCR.Isolated light rain was observed over rest of Karnataka, Coastal Andhra Pradesh, parts of Uttar Pradesh and isolated parts of Andaman and Nicobar Islands and western parts of Rajasthan.Probable weather activity during next 24 hoursDuring the next 24 hours, heavy to very heavy rainfall is very likely over Konkan & Goa, Sikkim, Sub Himalayan West Bengal, Coastal Karnataka and adjoining areas.Rainfall is expected to subside over Northeast India and heavy rains will retreat.Northern parts of the country may see some weather activity today but very light activity will be seen from tomorrow onwards.Light to moderate over rest of Northeast India, parts of Tamil Nadu, Lakshadweep, rest of Chhattisgarh, interior Odisha, rest parts of Madhya Pradesh, Uttarakhand, Jammu & Kashmir, Telangana, Interior Karnataka and Andaman & Nicobar Islands Rain is possible.

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