The Indian rupee on friday lower 73 paise to close at 89.40 per dollar, while it opened at 88.67 in the morning.At close, the Sensex was down 400.76 points or 0.47 percent at 85,231.92, and the Nifty was down 124 points or 0.47 percent at 26,068.15. About 1113 shares advanced, 2711 shares declined, and 131 shares unchanged.read more :- Rupee opened 03 paisa stronger at 88.67
Rupee Opens at 88.67, Up 03 PaisaIndian rupee opened higher at 88.67 per dollar on friday versus Thursday's close of 88.70.read more :- The rupee fell 08 paise to close at 88.70 per dollar.
On Thursday the Indian rupee fell by 08 paise to close at 88.70 per dollar, while it opened at 88.62 in the morning.At close, the Sensex was up 446.21 points or 0.52 percent at 85,632.68, and the Nifty was up 139.50 points or 0.54 percent at 26,192.15. About 1764 shares advanced, 2224 shares declined, and 167 shares unchanged.read more :- Farmers protest from November 19-26 for relaxation in cotton procurement
Telangana : Samyukta Kisan Morcha to protest from November 19 to 26 demanding cotton procurement norms relaxation .KHAMMAM : The Samyukta Kisan Morcha has called for protests in villages across Khammam district from November 19 to 25 to press for relaxation of cotton procurement norms by the Cotton Corporation of India (CCI) and other long pending demands of farmers.In a statement, the CPI (M) affiliated Telangana Rythu Sangham district secretary Bonthu Rambabu called upon all farmers’ and labourers’ organisations to actively participate in the protest programmes to espouse the cause of distressed farmers hit hard by recent spell of heavy rains and CCI’s “restrictions” on cotton procurement.He said a rally-cum-demonstration will be organised in Khammam town on November 26 to protest against the Centre’s “anti-farmer” and “anti-labour” policies.read more :- Cotton trading resumes at Enumamula market
Cotton trading resumes at Telangana's Enumamula market after three-day halt as private buyers returnWARANGAL : After a three-day pause, cotton trading resumed at Enumamula Agricultural Market in Warangal on Wednesday, drawing farmers in large numbers to one of Asia’s biggest cotton hubs. The market buzzed with activity and heavy cotton arrivals, as private traders quickly restarted purchases, offering hope tempered with frustration for those awaiting fair prices.The Cotton Corporation of India (CCI) had previously restricted purchases, leading to a three-day closure of the market. Market authorities and members of the Telangana Cotton Millers and Traders Welfare Association approached Agriculture Minister Thummala Nageswara Rao to resolve issues around cotton allocations to ginning mills across the state.Following several meetings, the state government decided to address the concerns of cotton purchasers and ginning mills, reopening the Enumamula Agricultural Market for cotton trading. Private traders immediately began buying large quantities of cotton. CCI has set a price of Rs 8,100 per quintal for cotton with 8% to 12% moisture content, while authorities are refusing to purchase cotton exceeding this moisture level.When the TNIE visited the market, officials reported that 2,000 bags of cotton had arrived on Wednesday and measures were in place to ensure smooth sales for farmers.Demand for fair priceWhile the displayed MSP was Rs 6,830 per quintal among the 105 licensed traders, the maximum offered was Rs 6,300 and the minimum was Rs 5,000. Speaking to the TNIE, P Madhusudan, a farmer from Raiparthy mandal, said, “Private traders are buying below the MSP of Rs 6,830 decided by the government. They are paying only Rs 6,100 in the market, which means we are losing Rs 730 per quintal. The state government needs to ensure MSP rates for cotton to benefit farmers.”Islawath Jeeva, a farmer from Wardhanapeta mandal, expressed his frustration over the situation. “I invested Rs 1 lakh to cultivate cotton on four acres, but the yield was far below expectations, and recent heavy rains damaged the crop further. Now we are not getting a fair price. Whatever the private traders are offering isn’t even enough to pay the labourers. Cotton farmers have suffered heavy losses this season,” he said.read more :- Coimbatore mills produce less, waste cotton prices rise
Mills in Coimbatore are reducing their operations due to rising waste cotton prices despite cheaper raw cotton.Coimbatore: With the price of waste cotton rising, most open-end (OE) mill operators have stopped purchasing it from spinning mills since the second week of November.Mill operators who convert raw fiber into yarn say that recycling waste cotton is no longer economically viable because spinning mills are unnecessarily raising prices.Waste cotton is leftover fiber and scrap from the textile industry. It can be recycled to make new yarn, insulation, cleaning cloth, and more.One candy weighs approximately 356 kg.J Balaji, who runs an OE mill in Periyanaickenpalayam, Coimbatore, said, "We buy waste cotton from spinning mills and make yarn from two-count to 30-count. We then supply the yarn to handlooms and powerlooms. Although cotton prices have come down after government intervention, spinning mills have, within a short period of time, increased the price of waste cotton like comber noil cotton from Rs. 100 to Rs. 108 per kg and the price of FS cotton from Rs. 85 to Rs. 92. Due to the increase in waste cotton prices, we are finding it difficult to meet the production cost of existing orders. Like me, many OE mill operators have stopped buying waste cotton from spinning mills since November 10."(Yarn count is a numerical system that measures the fineness or coarseness of a yarn by combining its length and weight. Comber noil cotton is a byproduct of the ring spun yarn spinning process. It is created when cotton is combed in a comber machine.)Balaji also said that he has reduced his unit's operations to 2-3 days a week. He said, "I have enough raw material to run the mill for less than 10 days. Similarly, most OE mills have reduced their operations since the second week of November." "As new cotton started arriving in the market, the price fell to Rs 4,000 to Rs 6,000 per candy, forcing spinning mills across the country to reduce their yarn prices by Rs 8 to Rs 10 per kilogram since October," said M Jayabal, president of the Recycle Textile Federation. "However, in the last two months, the price of waste cotton has been increased indiscriminately. OE mills cannot increase their yarn prices to match the increased price of waste cotton." He further said, "Over the past four months, production of 30-count weaving yarn has declined due to a lack of sufficient orders, leading to a buildup of OE yarn and textile materials. Spinning mills fear that if they reduce the price of 20-count yarn used for 'kada' (sheeting) fabric, the prices of all karas already sold, currently in stock, and those on power-looms will fall. This fear is further exacerbated by the fact that North Indian kada traders have been slow to return payments after Diwali and are hesitant to make new purchases."He added, "In this situation, we have decided to purchase waste cotton at last month's prices. If prices do not decrease, mills will operate on their existing stock of waste cotton to avoid losses."In Tamil Nadu, out of the 8.5 lakh rotor capacity of OE mills, 3.5 lakh rotors produce grey yarn. The remaining 500,000 rotors produce a variety of yarns ranging from 2 to 40 counts, including bleached, colored, melange, cotton-polyester, viscose-cotton, and viscose-polyester, available in over 45 colors. These mills primarily supply 10/20/25/30 count gray yarns to power looms in Tiruppur, Coimbatore, Erode, Salem, Karur, Madurai, and Virudhunagar districts.read more :- Telangana strike ends, cotton procurement picks up
Cotton procurement picks up as Telangana ginning mills reopen after two-day strike.Hyderabad : Cotton procurement resumed across Telangana after a two-day ginning mill strike, bringing relief to farmers. Over one lakh quintals arrived at major markets on Wednesday. Prices ranged between Rs.7,500 and Rs.8,050. Industry leaders continue to demand changes to CCI procurement norms.Cotton procurement activities regained pace across Telangana on Wednesday as ginning mills reopened their gates following a two-day strike that left thousands of farmers worried. The strike, held on November 17 and 18, saw all 323 operational ginning mills in the State cease processing in protest against what industry leaders described as restrictive procurement norms set by the Cotton Corporation of India.Major cotton markets in Adilabad, Warangal, Karimnagar and Nalgonda districts witnessed a surge in arrivals after operations resumed on Wednesday morning. Farmers who had queued for days to offload their harvest expressed relief as trade activities resumed and ginning mills, which play a crucial role in initial cotton processing, began accepting fresh produce. According to unofficial estimates, over one lakh quintals of cotton arrived at major markets on Wednesday alone, marking one of the highest daily arrivals this season. Prices offered to growers ranged between Rs.7,500 and Rs.8,050 per quintal, with well-dried stocks fetching higher rates close to the CCI’s Minimum Support Price.The temporary standstill, triggered by demands for relaxation of stringent moisture norms, procurement caps and changes to the CCI’s tender classification system, left both farmers and traders anxious. Bommineni Ravinder Reddy, State president of the Cotton Association, confirmed that over 270 ginning mills had resumed operations by Wednesday morning, while the remainder were expected to be operational within two days.read more :- Rupee open Falls 04 Paise to 88.62/USD
The Rupee opened 04 paise lower at 88.62 against the US dollar on November 20. The local currency opened 88.62 against the US dollar, as compared to 88.58 against the greenback at previous close.read more :- Rupee closed down by 01 paisa at 88.58 per dollar
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.
| title | Created At | Action |
|---|---|---|
| INR Drops 73 Paise, Closes at 89.40 per Dollar | 21-11-2025 22:49:50 | view |
| Rupee opened 03 paisa stronger at 88.67 | 21-11-2025 17:22:35 | view |
| The rupee fell 08 paise to close at 88.70 per dollar. | 20-11-2025 22:42:09 | view |
| Farmers protest from November 19-26 for relaxation in cotton procurement | 20-11-2025 19:25:14 | view |
| Cotton trading resumes at Enumamula market | 20-11-2025 19:07:50 | view |
| Coimbatore mills produce less, waste cotton prices rise | 20-11-2025 18:54:12 | view |
| Telangana strike ends, cotton procurement picks up | 20-11-2025 18:04:17 | view |
| Rupee open Falls 04 Paise to 88.62/USD | 20-11-2025 17:27:53 | view |
| 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 |
