The Indian rupee on tuesday lower 06 paise to close at 88.78 per dollar, while it opened at 88.72 in the morning.At close, the Sensex was up 136.63 points or 0.17 percent at 81,926.75, and the Nifty was up 30.65 points or 0.12 percent at 25,108.30. About 1780 shares advanced, 2204 shares declined, and 142 shares unchanged.read more :- Gujarat: Cotton production rises by 5 million bales under Modi's leadership
Gujarat: "Under the leadership of Prime Minister Modi, the Gujarat cotton industry has grown by over 50 lakh bales," said Raghavji Patel.Gujarat Agriculture Minister Raghavji Patel said that, under the guidance of Prime Minister Narendra Modi as the Chief Minister of Gujarat, the state's cotton sector has undergone remarkable transformation over the past two decades, a press release from the Chief Minister's Office stated.Raghavji Patel said, "Thanks to various initiatives under the strong leadership of Prime Minister Modi, the area under cotton cultivation in Gujarat has increased from 17.49 lakh hectares in 2001-02 to 23.71 lakh hectares by 2024-25.During this period, cotton production increased from 17 lakh bales to 71 lakh bales, while productivity increased from 165 kg lint per hectare to 512 kg lint per hectare.Describing cotton as one of the most essential needs of human life, Patel said that after food, clothing is of paramount importance, and cotton plays a vital role in fulfilling this need. The world celebrates October 7th as "World Cotton Day" to acknowledge its global importance.Cotton, often referred to as "white gold," has deep roots in Gujarat, which has been a progressive and leading state in cotton cultivation for decades.Gujarat's cotton sector holds great importance for both the state and the nation. When the state was formed in 1960, its cotton productivity was only 139 kilograms of lint per hectare; however, today it has increased to 512 kilograms of lint per hectare, exceeding the national average.These statistics clearly demonstrate that through research advancements, comprehensive development initiatives, farmer-oriented government policies, and the dedicated efforts of farmers, Gujarat has generated billions of rupees in revenue from cotton—a significant achievement for the economy of any state.Giving detailed information about cotton, Raghavji Patel explained that at the time of India's independence, while most textile mills were located in India, major cotton-producing regions became part of Pakistan. As a result, India faced a shortage of raw cotton and had to import it from other countries at a significant cost of foreign exchange.In 1971, following research at the Surat Research Farm, the Hybrid-4 (Shankar-4) cotton variety was developed, ushering in the hybrid cotton era across India. This led to a rapid and substantial increase in the country's cotton productivity. As a result, India not only met its domestic raw cotton needs but also began exporting the surplus. He further stated that in 2020-21, India recorded a historic cotton export of ₹17,914 crore.Gujarat currently ranks second in the country in terms of cotton cultivation area, production, and productivity. So far, cotton has been sown on 21.39 lakh hectares in the state for the 2025-26 season, with an estimated production of 73 lakh bales. The state contributes approximately 20 percent to India's total cotton cultivation and approximately 25 percent to total cotton production.The Minister expressed confidence that with the state government's various incentive schemes and continued efforts to develop cotton, Gujarat is poised to become the country's leading cotton production hub, contributing the largest share to India's total production.The Minister noted that even during the Bt cotton era, Gujarat was at the forefront in developing Bt hybrid varieties and obtaining their official approval across the country. Thanks to the state government's coordinated efforts, the first two Bt hybrid varieties in the public sector—Gujarat Cotton Hybrid-6 (Shankar-6) BG-II and Gujarat Cotton Hybrid-8 (Shankar-8) BG-II—received approval from the Government of India in 2012. Later, in 2015, two additional varieties were also approved. Bt hybrids – Gujarat Cotton Hybrid-10 (Shankar-10) BG-II and Gujarat Cotton Hybrid-12 (Shankar-12) BG-II – were developed, providing Gujarat farmers with four Bt cotton varieties for cultivation.The Minister highlighted that with the continued growth in the global population, the demand for cotton seeds for natural fibres, textiles, edible oils and animal feed is projected to increase 1.5 times by 2030 and double by 2040 compared to current levels. He stressed that by focusing on research, innovation and advanced solutions and achieving self-sufficiency in domestic production, Gujarat can significantly contribute to the Indian economy through cotton exports. (ANI)read more :- Cotton procurement to begin in Telangana this week
Telangana:CCI, ginning mills to begin cotton procurement this week.Hyderabad: Agriculture minister Tummala Nageswara Rao on Monday urged ginning mill representatives to participate in tenders promptly and start cotton purchases to prevent further disruptions. In a relief for farmers, the Cotton Corporation of India (CCI) and ginning millers agreed to begin collecting cotton within the coming week.The minister held a meeting at the secretariat with representatives from the CCI, officials from the agriculture and marketing departments, and ginning millers to resolve the impasse over cotton procurement. He stressed the need for immediate action, emphasising that farmers should face no inconvenience.Concerns raised by ginning millers regarding CCI tender conditions, including lint percentage and slot booking requirements, were also discussed. Minister Tummala warned that any actions causing hardships for farmers would be unacceptable.He urged the CCI to conduct weekly reviews of the new regulations to quickly address issues and suggested that an independent agency verify and resolve challenges affecting ginning millers, ensuring both farmers' and mills' interests are protected.The agriculture department has been tasked with raising awareness about the mobile app and slot booking system, with initiatives already underway at the mandal level. The minister also called for cooperative efforts with CCI to smoothen the process and emphasised extensive publicity for a toll-free number to provide farmers with essential information.With these steps, the govt aims to kick-start cotton purchases swiftly, safeguard farmers' interests, and ensure seamless operations for ginning mills in the coming season.read more :- Rupee opened 07 paise higher at 88.72
Rupee Opens at 88.72, Up 07 PaisaIndian rupee opened higher at 88.72 per dollar on Tuesday against Monday's close of 88.79.read more :- Rupee fell 05 paise to close at 88.79 per dollar
The Indian rupee on monday lower 05 paise to close at 88.79 per dollar, while it opened at 88.74 in the morning.At close, the Sensex was up 582.95 points or 0.72 percent at 81,790.12, and the Nifty was up 183.40 points or 0.74 percent at 25,077.65. About 1715 shares advanced, 2370 shares declined, and 154 shares unchanged.read more :- Fatehabad: Cotton ruined due to rain, work stopped in the market
Rain damages cotton crop in Fatehabad: Cotton lies scattered on the ground; work in the market halts.Haryana : Strong winds and rain have damaged paddy and cotton crops in Fatehabad district. The cotton crop has been scattered on the ground.It is noteworthy that cotton harvesting is currently underway in the district. Farmers have begun bringing their produce to the grain market. However, the rain that occurred on Sunday night has again affected the crop.Cotton is planted on 20,000 hectares in the district. Cotton picking is also underway. Consequently, crop-related work in the fields has come to a halt.# Farmers say rain wasn't needed right nowFarmers Vinod Kumar, Anil Kumar, Mahendra Singh of village Dhangad, Rajesh Kumar, Amit Singh of village Baropal, etc., said that rain wasn't needed at this time. Everyone was busy harvesting and threshing the crop. Now, the rain has disrupted all work. Harvesting will only be possible after the crop dries. Crops stored in the open in the markets have also been soaked.# Deputy Director says a report will be collected from field staff today.Meanwhile, Dr. Rajesh Sihag, Deputy Director of the Agriculture and Farmers Welfare Department, said that a report on the extent of crop damage due to the rain will be collected from field staff today (Monday). The report will be prepared after that.read more :- Telangana cotton farmers face marketing crisis
Cotton farmers in Telangana in for a big marketing crisis.Hyderabad: Cotton farmers in the State, already battered by heavy rains, are on the verge of a big marketing crisis. The State’s 341 ginning mills have refused to participate in tenders issued by the Cotton Corporation of India (CCI), citing severe hardships with new regulations. This stand off is likely to jeopardize their operations of the ginning mills and the livelihoods of growers.The impasse was sparked by the latest tender guidelines, introduced this season. The Cotton Corporation of India (CCI) has rolled out tougher rules this cotton season for buying raw cotton from farmers and ginners. Key changes include strict ways to measure cotton fibre (lint) yield, fixed slots for the lowest (L1) and second-lowest (L2) bids in auctions. It also required detailed farm area maps for every order. Ginners in Telangana and their associations complained that these regulations differ from last year’s lenient setup, adding red tape and delays that hurt business and farmers. This standoff has stalled trades, sparking protests for a rollback.“We have urged the CCI to thoroughly review these clauses, particularly the lint percentage for L1 slot bookings and area mapping, and revert to the policy followed in the previous season,” a ginning mill operator and association member stated, adding that without these adjustments, participating in the tenders was not viable.“We’re not against procurement; we’re against rules that could lead to losses for everyone involved, from mills to farmers,” he said.The boycott has persisted despite high-level meetings, where ginning mill owners and the CCI officials discussed the contentious terms. Discussions dragged on for days, but no consensus emerged, leaving the tenders untouched.As of now, not a single mill has come forward to bid, stalling the process at a critical juncture. Telangana’s cotton sector, spanning 43.29 lakh acres, was projected to yield around 24.70 lakh quintals this year. However, relentless heavy rains have inflicted severe damage, impacting expected outputs and leaving farmers vulnerable.The ginning mills’ reluctance is seen as a direct blow to these growers, who rely on timely procurement at support prices to avoid distress sales. State marketing officials, acting on directives of the Government to resolve the deadlock, traveled to Delhi on October 1 for talks with central government authorities.They highlighted how the new rules could spark operational bottlenecks in the procurement chain. In response, officials assured some way out in a week or two. The clauses should be based on ground realities, while facilitating recalibration of lint percentages every 15 days for fairer implementation. The rest of the regulations, however, will remain unchanged, they said.Undeterred by the partial concessions, the mills are holding firm. They remained stuck to their guns demanding full policy rollback to ensure smooth operations and protect the supply chain.read more :- INR Opens Stronger by 04 Paise at 88.74
Rupee opens 4 paise higher at 88.74/USD on support from IPO inflowsThe local currency opened at 88.74 against the US dollar, as compared to 88.78 against the greenback at the previous close.read more :- CCI Cotton Sales (State Wise) – 2024-25
State-wise CCI Cotton Sales Details – 2024-25 SeasonThe Cotton Corporation of India (CCI) made no changes in per candy price this week. Following the price revision, CCI sold approximately 21,400 bales during the week, bringing the total cotton bales sales for the 2024-25 season to approximately 88,62,300 bales. This represents around 88.62% 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 85.33% 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 :- Heavy rains in Nashik destroyed 30% of cotton crop.
Maharastra : Downpour destroys 30% cotton crop acreage in Nashik regionNashik: Heavy showers last month caused significant damage to the cotton crop across the Nashik region, affecting an area of around 2.75 lakh hectares. This damage accounts for a substantial 30% of the total land dedicated to cotton plantation in the region this season, The Nashik region comprises five districts — Nashik, Jalgaon, Dhule, Nandurbar and Ahilyanagar. The total recorded area under cotton cultivation this year was around 9 lakh hectares.As per the distribution of the total cotton acreage across the region, Jalgaon is on top with 4.36 lakh hectares, followed by Dhule (1.81 lakh hectares), Ahilyanagar (1.5 lakh hectares), Nandurbar (1.07 lakh hectares) and Nashik (30,224 hectares). However, the subsequent damage assessment by the state agriculture department revealed an uneven impact across these districts. Ahilyanagar recorded the highest loss with 1.36 lakh hectares of cotton crops damaged. This was closely followed by Jalgaon with damage on around 1 lakh hectares.Nashik saw losses on 21,299 hectares, while Dhule recorded damage on 10,305 hectares. Nandurbar was the least affected with only 622 hectares of cotton crops reported damaged. This primary assessment highlights the widespread yet varied destruction caused by the heavy rainfall to the cotton farming sector in the Nashik region. Sanjaykumar Patil, a cotton farmer from Ganpur village in Chopda taluka, said the showers badly affected his cotton crop on 9 acres."Typically, cotton harvesting begins in the month of Sept when sun rays facilitate the splitting of cotton bolls, leading to the production of raw cotton fibre. However, this year, excessive rainfall damaged the cotton plant's fruit, known as cotton bolls. Around 50% of the cotton bolls did not split due to rain and cloudy weather conditions in Sept, affecting raw cotton production," Patil said."Last year, I produced around 45 quintals of cotton on nine acres. This year, the production is expected to reduce to 18-20 quintals," he added.Another farmer, Swapnil Patil from Erandol taluka, said his cotton crop was also damaged by the recent bouts of heavy rain. "Fruits of the cotton plants have also been damaged due to rain," he said.Last year, the cotton crop acreage in the Nashik region was 10.47 lakh hectares and the raw cotton production was around 11.18 lakh tonnes. The yield was 10.68 quintals per hectare.Officials from the state agriculture department said, this year, the cotton acreage in the region has already declined by 13.7%, from 10.47 lakh hectares last kharif season (2024) to 9.04 lakh hectares this year. "The yield is also expected to be reduced to some extent this year," an official said.According to Pradeep Jain, the president of Khandesh Ginning and Pressing Factory Owners Association, cotton production in the region is expected to come down by more than 40%this year.read more :- CCI sells 88.62% of cotton through e-auction, weekly sales at 21,400 bales
The Cotton Corporation of India (CCI) Sells 88.62% of 2024–25 Cotton Procurement via E-Bidding, Logs Weekly Sales of 21,400 Bales.Throughout the week from 29 September to 03 October 2025, CCI conducted online auctions across its Mills and Traders sessions, with total sales reaching approximately 21,400 bales. Importantly, cotton prices remained unchanged during this period, ensuring stability in the market.Weekly Sales Performance29 September 2025: CCI sold 7,300 bales, including 5,500 bales in the Mills session and 1,800 bales in the Traders session.30 September 2025: The week’s highest sales volume was recorded at 10,400 bales, with Mills buying 7,100 bales and Traders securing 3,300 bales.01 October 2025: Sales surged to 1,800 bales, with Mills purchasing 1,000 bales and Traders accounting for 800 bales.03 October 2025 : The week concluded with the sales of 1,900 bales, split between 1,200 bales for Mills and 700 bales for Traders.CCI achieved total sales of approximately 21,400 bales for the week and for the season CCI’s cumulative sales have reached 88,62,300 bales, representing 88.62% of its total procurement for 2024–25.read more :- Rupee fell 11 paise to close at 88.78 per dollar
The Indian rupee on friday lower 11 paise to close at 88.78 per dollar, while it opened at 88.67 in the morning.At close, the Sensex was up 223.86 points or 0.28 percent at 81,207.17, and the Nifty was up 57.95 points or 0.23 percent at 24,894.25. About 2592 shares advanced, 1411 shares declined, and 132 shares unchanged.read more :- Ahmedabad traders get GST relief, demand for cotton clothes increases
GST cut benefits Ahmedabad traders, cotton fabric demand up 10%Cotton fabric traders in the city are seeing increased demand during the festive season. They attribute this to the reduction in GST on garments up to ₹2,500. Demand has increased by 10% since the central government announced the GST reduction, and orders are pouring in from across the country.Gaurang Bhagat, president of Maskati Cloth Market Mahajan, said, "Ahmedabad is considered one of the largest cotton fabric suppliers in the country. The period from Navratri to Diwali sees huge demand, contributing to at least 30% of the country's total annual textile demand. This year, the GST reduction has led to an increase of about 10% in production."Bhagat said that before GST 2.0, garments priced above ₹1,000 were subject to 12% GST. Now, garments up to ₹2,500 are subject to only 5% GST."We've also seen an increase in demand for clothing for the wedding season, which begins right after Diwali. The 18% GST on clothing priced above ₹2,500 will certainly have some impact, but we believe buyers will continue to purchase items they like during the wedding season." Mahajan officials also said that a decrease in imports from China has boosted local demand.Mahajan Secretary Naresh Sharma said, "Ahmedabad is one of the largest centers for cotton processing. Cotton prices have remained stable, and import duties on cotton have been removed, creating better prospects for manufacturers. Although US tariffs have impacted exports, domestic demand will provide significant relief." read more :-
Government sets up 550 cotton procurement centers, ensuring farmer access and logistics efficiencyNew Delhi: The government has set up 550 cotton procurement centers—the highest number ever—operating across all 11 cotton-producing regions, ensuring farmer access and logistics efficiency during peak arrivals.To align procurement with regional crop preparation, procurement operations are planned to commence from October 1 in the Northern region (Punjab, Haryana, Rajasthan), from October 15 in the Central region (Gujarat, Maharashtra, Madhya Pradesh, Odisha), and from October 21 in the Southern region (Telangana, Andhra Pradesh, Karnataka, Tamil Nadu).In a decisive step to ensure robust preparedness ahead of the 2025-26 Kharif cotton season, Neelam Shami Rao, Secretary, Ministry of Textiles, conducted a comprehensive review of Minimum Support Price (MSP) operations with key officials from all cotton-producing states, the Cotton Corporation of India Limited (CCI), and the Ministry of Textiles. "Their intervention reflects the Ministry's commitment to a transparent, efficient, and farmer-centric procurement mechanism," the Ministry said. Considering cotton is a key sector for millions of farmers, the Ministry is implementing a national strategy to ensure hassle-free procurement, timely payments, and digital inclusion. During the meeting, clear guidelines were laid down, and states were urged to ensure complete alignment with MSP operational norms.The 'Kapas-Kisan' app facilitates farmer self-registration, 7-day rolling slot booking, and real-time payment tracking. All states have been advised to conduct extensive awareness campaigns to maximize farmer registration and usage. According to the Ministry, "Farmers are encouraged to complete registration on the app by October 31 to avail MSP benefits. Existing users on state platforms (Andhra Pradesh, Telangana, Madhya Pradesh, and Haryana) are advised to verify their records on the mobile app."The government reiterated its commitment to complete digitization and financial inclusion. Payments will be made directly to Aadhaar-linked bank accounts through NACH, with SMS alerts sent at every stage, from bill generation to payment confirmation. Local Monitoring Committees (LMCs) have been formed at each center for strict monitoring. CCI has also launched a dedicated WhatsApp helpline to promptly address farmers' concerns. All eligible cotton farmers are advised to register immediately and leverage digital tools to avoid distress sales.read more :- INR Opens Stronger by 02 Paise at 88.67
Rupee opens 02 paise up at 88.67 on easing dollar indexIndian rupee opened at 88.67 per dollar on Friday versus Wednesday's close of 88.69.read more :- Rupee higher 08 Paise Against USD, Closes at 88.69
The Indian rupee ended 08 paisa higher on wednesday at 88.69 to the dollar, while it opened at 88.77 in the morning.At close, the Sensex was up 715.69 points or 0.89 percent at 80,983.31, and the Nifty was up 225.20 points or 0.92 percent at 24,836.30. About 2672 shares advanced, 1284 shares declined, and 132 shares unchanged.read more :- Declining cotton sowing: Policies reduce farmers' interest
| title | Created At | Action |
|---|---|---|
| Rupee fell 06 paise to close at 88.78 per dollar | 07-10-2025 22:48:13 | view |
| Gujarat: Cotton production rises by 5 million bales under Modi's leadership | 07-10-2025 19:27:35 | view |
| Cotton procurement to begin in Telangana this week | 07-10-2025 19:12:26 | view |
| Rupee opened 07 paise higher at 88.72 | 07-10-2025 17:29:40 | view |
| Rupee fell 05 paise to close at 88.79 per dollar | 06-10-2025 22:49:11 | view |
| Fatehabad: Cotton ruined due to rain, work stopped in the market | 06-10-2025 19:21:23 | view |
| Telangana cotton farmers face marketing crisis | 06-10-2025 18:12:57 | view |
| INR Opens Stronger by 04 Paise at 88.74 | 06-10-2025 17:26:27 | view |
| CCI Cotton Sales (State Wise) – 2024-25 | 04-10-2025 22:17:23 | view |
| Heavy rains in Nashik destroyed 30% of cotton crop. | 04-10-2025 19:02:56 | view |
| CCI sells 88.62% of cotton through e-auction, weekly sales at 21,400 bales | 04-10-2025 01:12:47 | view |
| Rupee fell 11 paise to close at 88.78 per dollar | 03-10-2025 22:51:25 | view |
| Ahmedabad traders get GST relief, demand for cotton clothes increases | 03-10-2025 20:05:25 | view |
| "Government opens 550 cotton procurement centres" | 03-10-2025 19:52:25 | view |
| INR Opens Stronger by 02 Paise at 88.67 | 03-10-2025 17:28:23 | view |
| Rupee higher 08 Paise Against USD, Closes at 88.69 | 01-10-2025 22:41:13 | view |
