On Wednesday, the Indian rupee fell by 01 paise to close at 88.58 per dollar, while in the morning it was 88.57.At close, the Sensex was up 513.45 points or 0.61 percent at 85,186.47, and the Nifty was up 142.60 points or 0.55 percent at 26,052.65. About 1756 shares advanced, 2248 shares declined, and 152 shares unchanged.read more :- US tariffs cause double-digit decline in textile exports
US tariffs impact textile sector, double-digit decline in exportsAhmedabad: Gujarat's textile exporters are facing one of the sharpest monthly shocks in recent times, as latest data shows a sharp decline in shipments due to the new round of US tariffs. According to data from the Confederation of Indian Textile Industry (CITI), India's textile exports fell 12.9% year-on-year in October 2025, while apparel exports declined 12.88%, leading to an overall decline of 12.91% in the textile and apparel sector.While the cumulative decline from April to October is a modest 1.6%, October has clearly emerged as the month where the tariff shock has hit Gujarat's textile value chain the hardest.The US imposed a 25% tariff on all Indian-origin goods on August 1, which was increased to 50% from August 27. The two countries are currently negotiating a bilateral trade agreement.Textile conglomerate Arvind Limited said in its second-quarter results that its total direct revenue from the US market was approximately ₹5 billion, representing 21% of its total revenue. In its investor presentation, the company stated, "The impact of tariffs in the second quarter is estimated at ₹23 billion, partially offset by higher sales.""The tariffs will impact a portion of US direct business (20-25% of total revenue), resulting in a quarterly EBITDA impact of ₹25-30 billion."EBITDA stands for earnings before interest, taxes, depreciation, and amortization. The US, where approximately 30% of India's textile shipments go, began imposing higher tariffs in October, after previously allowing goods to go under a lower tariff slab.Rahul Shah, co-chairman of the GCCI's textiles committee, said, "Almost half of the shipments sent up to September were still safe, but October shipments have taken a real hit, leading to a clear decline in volumes."He added, "This pain is spread across the entire ecosystem, including home textiles, technical textiles, apparel, yarn, and fabrics, sectors where Gujarat has traditionally dominated."Shah said that orders for yarn and grey fabric have been canceled, while many buyers in the home textiles sector have often begun renegotiating contracts at lower prices. He added, "With margins already eroding, tariff-induced cost losses have put many exporters out of competition." While cheaper raw materials are usually helpful for exporters, this time tariff-driven pricing in India's largest market has nullified this advantage. Experts say the decline in exports is being felt even in sectors where volumes have not declined, making profitability uncertain.read more :- Government approves 17 companies under textiles PLI scheme
Govt approves 17 applicants under PLI Scheme for textilesSeventeen new applicants approved by the government are in the fray for its Production-Linked Scheme (PLI) for textiles that is aimed at boosting exports for India’s textile sector that is hit hard by US administration’s steep tariffs. The Ministry of Textiles said on Tuesday that it had approved the new applicants in the third round after the PLI Scheme for textiles was first notified on September 24, 2021, with an approved outlay of ₹10,683 crore to promote the production of MMF apparel and fabrics and products of Technical Textiles sectors.“The newly approved applicants have committed a total investment of ₹2,374 crore. The proposed projects are expected to achieve projected sales of over ₹12,893 crore and generate employment for about 22,646 persons in the coming years,” the ministry stated.Under the first two rounds of selections, a total of 74 applicants had been approved under the scheme.After high tariffs were imposed on Indian goods by the US administration, the textile ministry notified major amendments to the PLI Scheme to further enhance industry participation, reopening acceptance of new applications till December 31, 2025.The move is aimed at accelerating investment, boost domestic manufacturing, and enhance India’s global competitiveness in the Man-Made Fibre (MMF) Apparel, MMF Fabrics, and Technical Textiles sectors.The scheme aims to enable the textile industry to achieve the necessary size and scale, become globally competitive, and create substantial employment opportunities.read more :- Rupee opened 04 paise stronger at 88.57 per dollar
Rupee opens 04 paise up at 88.57/USD Indian rupee opened higher at 88.57 per dollar on Wednesday versus Tuesday's close of 88.61.read more :- “Telangana ginning mills strike ends”
“Relief for the Cotton Industry: Telangana Ginning Mills Strike Ends”A detailed discussion was held today at the Telangana Secretariat with representatives of the Telangana State Cotton Association on various issues facing the cotton ginning and pressing industries. The meeting was attended by the Honorable Marketing Minister, Mr. Tummala Nageswara Rao, Principal Secretary of the Agriculture Department, Mr. Surendra Mohan, IAS, Marketing Department officials, and the Chairman and Managing Director of the Cotton Corporation of India (CCI).During the meeting, issues related to the L1, L2, and L3 policy system and other industry concerns were discussed in detail. The officials assured that all issues would be resolved within a week or ten days based on the proposals and suggestions submitted by the State Government to the Central authorities. They also appealed to the Telangana State Cotton Association to withdraw the proposed strike in the interest of farmers' welfare.In response to their assurance, a meeting of the office bearers of the Telangana State Cotton Association and the presidents and secretaries of all district units was held today, 18-11-2025, at Hotel Minerva Grand, Himayatnagar, Hyderabad. After detailed deliberations, it was unanimously decided to withdraw the proposed "shutdown" by the Telangana State Cotton Association.Therefore, the unity of all owners of the cotton ginning and pressing industry is appreciated and they are requested to continue their cooperation and solidarity in the future decisions of the Association to protect the interests of the industry.read more :- Rupee rises 06 paisa to close at 88.61 per dollar
The Indian rupee on Tuesday rise 06 paise to close at 88.61 per dollar, compared to its opening price of 88.67 in the morning.At close, the Sensex was down 277.93 points or 0.33 percent at 84,673.02, and the Nifty was down 103.40 points or 0.40 percent at 25,910.05. About 1393 shares advanced, 2632 shares declined, and 131 shares unchanged.read more :- Cotton crisis: CCI chairman reaches Hyderabad amid strike
Telangana cotton crisis: CCI Chairman rushes to Hyderabad on Day 2 of ginning mill strike.Hyderabad: An indefinite strike by ginning mills and traders paralysed cotton procurement across Telangana for the second consecutive day, leaving farmers in distress and prompting BRS leaders to reach out to growers. In a bid to defuse the escalating crisis, Cotton Corporation of India (CCI) Chairman and Managing Director Lalit Kumar Gupta arrived in Hyderabad early on Tuesday for urgent talks.Gupta is scheduled to chair discussions with senior CCI officials, representatives of the Telangana Cotton and Ginning Mill Owners and Traders Association, and cotton traders. The meeting comes after a late-night video conference on Monday attended by Union Minister for Coal and Mines G Kishan Reddy, Telangana Agriculture Minister Thummala Nageswara Rao, senior officials from the Union Ministry of Textiles, and CCI representatives.read more :- “Amid strike, Khammam farmers advised not to bring cotton to CCI centres”
Telengana : Khammam farmers told not to bring cotton to CCI centres amid strike.Khammam: District Marketing Officer Narender has advised farmers in the district not to take cotton to CCI procurement centres as all ginning mills across the State will participate in the strike on Tuesday following a call by the Telangana State Ginning Mills Association.In a statement on Monday, he said discussions would be held between the association representatives and the CCI CMD on Tuesday. Only after the discussions are completed, further instructions will be issued on the cotton procurement process, he added.read more :- Spinning mills will work on existing cotton stock to avoid losses.
OE Spinning Mills will operate only on their current stock of waste cotton to avoid losses - RTF PresidentIn Tamil Nadu, out of 8.5 lakh rotor capacity in Open-End (O.E.) mills, 3.5 lakh rotors produce grey yarns. The remaining 5 lakh rotors manufacture various types of yarn ranging from 2 to 40 counts, including bleached, coloured, melange, cotton-polyester, viscose-cotton, and viscose-polyester, in over 45 colours.Specifically, these mills supply grey yarns of 10/20/25/30 counts to power looms in the districts of Tiruppur, Coimbatore, Erode, Salem, Karur, Madurai, and Virudhunagar.In a press release, Jayabal, President of the Recycled Textile Federation, said that for the past four months, the production of 30-count weaving yarns has decreased due to a lack of sufficient orders, leading to a build-up of O.E. yarns and textile goods.There is a fear among spinning mills that if they reduce the price of the 20-count yarn used for “kada” (sheeting) fabrics, the prices of the already-sold, currently-stocked, and power-loom-held kada will all crash.This fear is amplified because North Indian kada traders have been slow to return payments after Deepavali and are hesitant to make fresh purchases.The situation was compounded last month (October) with the start of the 2025-26 cotton season, as new cotton began arriving in the market.The price dropped by Rs. 4,000 to Rs. 6,000 per candy, leading spinning mills across the country to reduce their yarn prices by Rs. 8 to Rs. 10 per kilogram since last month.However, over the past two months, the price of waste cotton—a byproduct of the spinning process—has been raised by Rs. 2 to Rs. 4.The O.E. mills, which supply yarn to handlooms and power looms, cannot raise their yarn prices to match the increased cost of waste cotton. Due to this issue, an emergency meeting was held recently in Coimbatore.In the meeting, it was decided to buy waste cotton at last month’s prices. It was also decided that if the prices do not decrease, the mills will operate only on their current stock of waste cotton to avoid losses.Furthermore, O.E. spinning mills that produce 20/25/30 count yarns and have solar power will operate during the day, while others will take two days off per week until the situation returns to normal.read more :- Telangana urges Centre to ease cotton procurement norms
Telangana agriculture minister urges Centre to ease cotton procurement norms.Telangana Agriculture Minister Tummala Nageswara Rao held discussions on Sunday with officials of the Ministry of Textiles, urging them to take a favourable decision on the challenges facing ginning mills amid mounting pressure from farmers over the new cotton procurement norms.The revised guidelines issued by the Ministry of Textiles — particularly those related to the L1 and L2 norms — have reportedly created difficulties for ginning mills, prompting them to announce a strike from 17th November. The Minister also appealed to the authorities to reinstate the procurement limit of 12 quintals per acre, instead of the newly imposed cap of 7 quintals.According to officials, district-wise cotton yield data had been collected as advised by the Ministry of Textiles, and the government was prepared to furnish farmer-wise yield statistics if required.Field-level data indicated that the average cotton yield stood at 11.74 quintals per acre, and a request had been submitted to revise the current norm of 7 quintals back to 12 quintals per acre.Decisions taken by the Ministry of Textiles and the Cotton Corporation of India (CCI) have so far resulted in the procurement of only 1.18 lakh tonnes of cotton from 67,000 farmers. The Minister warned that, at a time when procurement should have been gaining momentum, the planned strike by ginning mills and the cessation of purchases would be detrimental to farmers.He noted that farmers had already endured significant losses due to excessive and unseasonal rainfall but were now beginning to recover, with improved sunshine helping to reduce moisture content in their produce.read more :- Rupee open Falls 04 Paise to 88.67 /USD
Rupee falls 04 paisa to open at 88.67 per dollarIndian rupee opened marginally lower at 88.67 per dollar on Tuesday versus previous close of 88.63.read more :- Rupee higher 07 paise to close at 88.63 per dollar
The Indian rupee higher 07 paise to close at 88.63 per dollar on Monday, compared to 88.70 in the morning.At the close, the Sensex rose 388.17 points, or 0.46 percent, to 84,950.95, and the Nifty advanced 103.40 points, or 0.40 percent, to 26,013.45. Around 1,862 stocks advanced, 2,068 declined, and 155 remained unchanged.read more :- Telangana ginning mills to go on state-wide strike from Monday
Telangana ginning mills on Statewide strike from MondayHyderabad : Over 300 ginning mills in Telangana have launched an indefinite strike against stringent Cotton Corporation of India norms, halting procurement operations. The standoff has worsened the cotton crisis, with farmers forced to sell at distress prices far below MSP.The move, triggered by what mill owners describe as unviable regulations imposed by the Cotton Corporation of India (CCI), threatens to add further to the already severe procurement crisis that is forcing farmers to sell at distress prices in open markets.The strike ultimatum is due to the CCI’s stringent guidelines, including L1 and L2 ginning norms, a moisture content cap of 12 percent, mandatory slot booking via the Kapas Kisan app and a rigid limit of seven quintals per acre for procurement.Mill representatives argue these rules inflict heavy financial losses, rendering operations unsustainable amid erratic rains that have soaked harvests and delayed drying.“We have written repeatedly to the Union Textiles Minister and CCI Managing Director, but received no response,” a mill association spokesperson said.The mill owners have vowed to stall purchases until revisions are made. The standoff, meanwhile, has already hit the procurement process across the State. The CCI has procured a mere 1.18 lakh tonnes against an estimated production of 28.29 lakh tonnes, leaving farmers far from getting the MSP of Rs 8,110 per quintal with private traders offering just Rs 6,000-Rs 7,000.Districts like Warangal, Karimnagar, erstwhile Adilabad and Nizamabad, which are considered cotton hubs, have piles of unsold produce rotting in yards, with allegations of corruption in grading and app glitches compounding the chaos.Agriculture Department officials, who made efforts to avoid the strike, held talks with the association leaders but could not make any headway. The decision of the ginning mills to halt procurement at a time when moisture levels are finally dropping, is expected to worsen the situation for farmers.read more :- "Trump supports 500% tariff bill on Russia partners"
Trump 'okay' with bill sanctioning Russia's trade partners with tariffs up to 500%The US effort to choke off Russia’s wartime revenue widened on Sunday, as President Donald Trump said he would support new Senate legislation empowering Washington to slap tariffs of up to 500 per cent on countries still doing business with Moscow."The Republicans are putting in legislation that is very tough sanctioning, etcetera, on any country doing business with Russia," Trump told reporters before departing Florida for the White House. The plan, long championed by Senator Lindsey Graham, has gathered momentum amid growing frustration in Congress over Russia’s continued attacks on Ukraine.Senate Majority Leader John Thune said in October he was prepared to bring the measure to a vote but did not "want to commit to a hard deadline".BILL TARGETS MAJOR BUYERS OF RUSSIAN ENERGYAccording to Bloomberg, the legislation would give Trump authority to impose tariffs of up to 500 per cent on imports from countries that purchase Russian oil or gas and are deemed insufficiently supportive of Ukraine. The provision is aimed squarely at major consumers of Russian energy, including China and India."We may add Iran to that," Trump said on Sunday, without offering details.The bill comes at a time when Moscow has intensified efforts to capture the eastern Ukrainian rail hub of Pokrovsk, while continuing air strikes across the country. Ukraine, for its part, has escalated long-range attacks on Russian oil infrastructure.Democrats and several Republicans have pressed for punitive measures for months, accusing the Kremlin of prolonging the conflict and rejecting diplomatic overtures. Trump had previously resisted embracing new sanctions as he tried to bring Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy to the negotiating table. His hosting of Putin in Alaska earlier this year did not yield any breakthrough.US TARIFFS ON INDIAThe United States has already taken action against India over its Russian oil purchases. In August 2025, Trump signed an executive order adding a 25 per cent "Russian oil" surcharge on top of an existing 25 per cent reciprocal tariff on Indian exports, effectively doubling duties to 50 per cent. Washington said the measure was designed to penalise countries that "indirectly fund Russia’s war machine".India has since signalled a reduction in its intake of Russian crude. In October, Trump said he believed New Delhi had "significantly reduced" its purchases and suggested the United States could ease the tariffs. "We’ll bring the tariffs down at some point," he said.Washington has scaled back from its earlier confrontational stance over India’s Russian oil purchases, signalling a willingness to engage constructively on trade after months of friction and stalled negotiations.Despite US and European sanctions, Russia remains capable of sustaining large-scale military operations. Western intelligence agencies say growing energy partnerships with Asian economies have blunted the impact of earlier measures.read more :- Cotton crisis due to 'Lalya' disease in Maharashtra, farmers worried
Maharashtra: Cotton crop in crisis due to 'Lalya' disease, Yavatmal farmers frustrated by government apathy.Wardha: Farmers already troubled by natural disasters are now facing a severe crisis due to 'Lalya' disease. The disease is wreaking havoc in cotton-producing fields in several areas of the tehsil, including Kashimpur, Circuspur, Nimboli, Tona, and Deurwada. The lush green cotton leaves have turned red and dried up, stunting plant growth and severely impacting production.Farmers, already facing financial hardship due to the loss of their soybean crop, had considered cotton as their last hope, but now 'Lalya' disease has taken away that hope. In this critical situation, the government machinery's laxity and indifference are further fueling farmers' anger.Farmers are deeply angry.Agricultural schools, colleges, and agricultural science experts failed to provide timely information on potential diseases and preventive measures. This negligence by the Agriculture Department has caused intense resentment among farmers. Farmers say that if timely warnings and preventive measures had been provided, the current situation could have been avoided.Indian Cotton Corporation Launches Online RegistrationFarmers are reacting that the crop crisis is deepening, but the government does not seem serious about their issues. Along with the crop crisis, the issue of cotton sales is also troubling farmers. The Indian Cotton Corporation has launched online registration, but many farmers have not yet been certified. Farmers allege that the purchase of cotton from those who have registered is also being deliberately delayed.The government is not purchasing even the small amount of cotton stored at home, forcing farmers to sell it to private traders at low prices. This raises the question: is the government's policy aimed at serving commercial interests?read more :- Reasons behind declining cotton cultivation in Maharashtra
Cotton cultivation in Maharashtra is rapidly declining, and farmers are refraining from farming due to these reasons.A cotton expert stated that cotton cultivation in Maharashtra has declined by approximately 4.59 lakh hectares over the past four years, as farmers are turning to soybean cultivation due to high labor costs and lack of mechanization.A shocking statistic has emerged from Maharashtra, a leading cotton producing state. In fact, a cotton expert stated that cotton cultivation in Maharashtra has declined by approximately 4.59 lakh hectares over the past four years, as farmers are turning to soybean cultivation due to high labor costs and lack of mechanization. In 2020-21, cotton was cultivated across 45.45 lakh hectares in Maharashtra, producing 101.05 lakh bales (each bale weighing 170 kg). Meanwhile, according to data from the Union Ministry of Agriculture and Farmers Welfare and the Nanded-based Cotton Research Center, this area will decrease to 40.86 lakh hectares by 2024-25, and the estimated production is 87.63 lakh bales.What is the reason for the decline in cotton cultivation?Agricultural scientist Dr. Arvind Pandagale of the Cotton Research Center explained that cotton cultivation is being largely replaced by soybeans. Cotton has to be harvested manually. The labor required for harvesting is 10 rupees per kilogram, but the selling price does not exceed 70 rupees per kilogram. Furthermore, the crop requires spraying of pesticides, which is a significant and expensive task. The cost of growing cotton is increasing, he said, which is why the area under cotton cultivation in Maharashtra is decreasing.Lack of machinery is also a reason for the decline in cultivation.Pandagale explained that another problem is the difficulty in harvesting cotton. To address the labor shortage, the use of machines for cotton picking should be increased. However, the machines available in India collect leaves and other weeds along with the cotton. Many industries across the country are working to develop more efficient cotton picking machines. He explained that in other countries, cotton is harvested using machines, and their plants do not grow taller than 3.5 to 4 feet.He further stated that in India, plants can grow up to 7 feet tall. "We are trying to reduce the height of cotton plants through research." Farmers in India use "straight variety" cotton seeds. In countries like Brazil and Australia, they use hybrid seeds. Straight variety cotton can be picked 2-3 times, which is not possible with hybrid seeds.Farmers leaving farming due to high wagesAba Kolhe, a cotton farmer from Ghosla village in Chhatrapati Sambhajinagar district, also pointed to high wages and other problems. He said that due to heavy rains during harvesting this year, the weight of the cotton bolls has decreased. As a result, laborers are unwilling to pick them even if offered 20 rupees per kilo. Except for 2021-22, we haven't received a good price for our crop. Therefore, we have reduced the area under cultivation compared to 2019.Exports likely to decline to 1.8 million balesThe farmer said that until 2019, he used to grow cotton on his entire 11 acres of land. He further said that now he grows cotton on only half of that land. According to official data, cotton imports into the country are expected to outpace exports this year. In 2021-22, India imported 2.113 million bales of cotton and exported 4.225 million bales. According to data provided by the Committee on Cotton Production and Consumption (COCPC) under the Ministry of Textiles, the estimated imports for 2024-25 are 25 lakh bales, while exports are likely to decline to 18 lakh bales.read more :-KTR attacks Centre and state governments over cotton procurement crisis
| title | Created At | Action |
|---|---|---|
| Rupee closed down by 01 paisa at 88.58 per dollar | 19-11-2025 22:39:51 | view |
| US tariffs cause double-digit decline in textile exports | 19-11-2025 18:39:25 | view |
| Government approves 17 companies under textiles PLI scheme | 19-11-2025 18:23:25 | view |
| Rupee opened 04 paise stronger at 88.57 per dollar | 19-11-2025 17:17:33 | view |
| “Telangana ginning mills strike ends” | 19-11-2025 01:23:59 | view |
| Rupee rises 06 paisa to close at 88.61 per dollar | 18-11-2025 22:41:46 | view |
| Cotton crisis: CCI chairman reaches Hyderabad amid strike | 18-11-2025 22:31:35 | view |
| “Amid strike, Khammam farmers advised not to bring cotton to CCI centres” | 18-11-2025 18:57:30 | view |
| Spinning mills will work on existing cotton stock to avoid losses. | 18-11-2025 18:38:54 | view |
| Telangana urges Centre to ease cotton procurement norms | 18-11-2025 18:10:29 | view |
| Rupee open Falls 04 Paise to 88.67 /USD | 18-11-2025 17:25:49 | view |
| Rupee higher 07 paise to close at 88.63 per dollar | 17-11-2025 22:42:46 | view |
| Telangana ginning mills to go on state-wide strike from Monday | 17-11-2025 20:56:30 | view |
| "Trump supports 500% tariff bill on Russia partners" | 17-11-2025 19:22:31 | view |
| Cotton crisis due to 'Lalya' disease in Maharashtra, farmers worried | 17-11-2025 19:03:35 | view |
| Reasons behind declining cotton cultivation in Maharashtra | 17-11-2025 18:50:07 | view |
