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The rupee fell 47 paise to open at 92.21/USD.The Indian rupee fell 47 paise to open at 92.21 per dollar on Monday, after closing at 91.74 on Friday.READ MORE :- Long queues for cotton sale, CCI centres to remain open for 7 days

Farmers queue up to sell cotton, but CCI centers will only be open for seven daysFarmers in Marathwada are becoming increasingly concerned about selling cotton. The Cotton Corporation of India (CCI) has extended the cotton procurement deadline to March 15, but due to the holidays, farmers will only have seven days for the actual procurement.This period includes two Saturdays, three Sundays, and the Holi and Rangpanchami holidays. Farmers say it will be difficult to procure cotton from all farmers in such a short period.Approximately two thousand farmers in Gangapur taluka are waiting to sell cotton, while across the district this number has reached nearly eight thousand. A large number of farmers are still waiting for their turn.Improvements in Slot Booking and Message UpdatesPreviously, farmers faced significant difficulties due to the closure of slot booking at some procurement centers. Now, this process has been improved, and messages regarding cotton sale dates are being sent to farmers on their registered mobile numbers. Farmers who have not yet received the message have been urged to contact the relevant market committee.Demand for Extension of Center Opening HoursFarmers say that due to holidays, procurement will only be possible for seven days until March 15th. Therefore, it is not possible to procure cotton from all farmers in such a short time. Therefore, farmers have demanded that CCI procurement centers remain open until March 31st instead of March 15th.Fear of Lower GradesLast year, CCI reduced cotton grades several times due to deficiencies in grading and screening. This year, similar concerns are being raised, leading to concerns among farmers that they may suffer losses due to the quality of their cotton.Farmers Expect Better PricesAt the beginning of the season, cotton prices in the market were below the Minimum Support Price (MSP), so a large number of farmers turned to CCI centers to sell their cotton. Although a significant amount of cotton has been procured in the district so far, approximately 20 to 25 percent of the cotton remains lying in farmers' homes in rural areas.Farmers are waiting in hopes of receiving better prices. Therefore, they say it is important to keep procurement centers open for longer periods so that all farmers have a chance to sell their cotton.read more :- CCI weekly cotton auction: 1.08 lakh bales sold, prices stable

CCI Weekly Cotton Auctions: 1,08,500 Bales Sold as Prices Remain SteadyDuring the week from March 2 to March 6, 2026, the Cotton Corporation of India (CCI) maintained stable cotton prices while continuing its regular online auctions across multiple centers for mills and traders. The auctions recorded total weekly sales of around 1,08,500 bales for the 2025–26 season, reflecting steady demand from both textile mills and trading participants.Day-wise Sales PerformanceMarch 2, 2026:CCI opened the week with strong auction activity, selling 46,900 bales from the 2025–26 crop.Mills purchased 22,900 balesTraders bought 24,000 balesMarch 4, 2026:Sales totaled 19,000 bales, all from the current season.Mills purchased 2,900 balesTraders accounted for 16,100 balesMarch 5, 2026:CCI sold 14,600 bales from the 2025–26 crop.Mills purchased 4,800 balesTraders bought 9,800 balesMarch 6, 2026:The week concluded with sales of 28,000 bales, entirely from the current season.Mills purchased 13,800 balesTraders bought 14,200 balesCumulative sales :Following the latest auctions, CCI’s total sales reached:13,66,600 bales for the 2025–26 season, and 98,83,200 bales for the 2024–25 season.

India-Japan textile exports likely to pick up At the seventh joint committee meeting under the India-Japan Comprehensive Economic Partnership Agreement (CEPA) held recently in Tokyo, Indian commerce secretary Rajesh Agrawal noted the significant potential of export of Indian textiles, pharmaceuticals, agriculture and services to Japan.Both sides reviewed issues relating to the implementation of the CEPA and deliberated on ways to further strengthen bilateral economic engagement, the Indian Ministry of Commerce & Industry said in a release.Discussions covered a wide range of issues, including bilateral trade and investment, improving the business environment, and the upcoming 14th Ministerial Conference of the World Trade Organisation.While the Japanese side underscored the need to enhance and diversify bilateral trade and investment, Agrawal underlined the importance of achieving a more balanced bilateral trade relationship to ensure long-term sustainability.A trade and investment roadshow was organised by the embassy of India in Japan in collaboration with the Confederation of Indian Industry (CII) and the Japan Business Federatiom (Keidanren), focusing on promoting trade from India and facilitating greater investment flows from Japanese companies.read more :- Rupee fell 09 paise to close at 91.74 per dollar

The Indian rupee on Friday lower 09  paise to close at 91.74 per dollar, while it opened at 91.65 in the morning.At close, the Sensex was down 1,097 points or 1.37 percent at 78,918.90, and the Nifty was down 315.45 points or 1.27 percent at 24,450.45. About 1813 shares advanced, 2217 shares declined, and 169 shares unchanged.read more :- Cotton procurement period extended, relief to farmers

Big Turn in Cotton Prices: Extension of Procurement Period Brings Relief to FarmersThere is positive news for cotton farmers as the Central Government has extended the procurement period for cotton at the Minimum Support Price (MSP) in Maharashtra. This extension has provided farmers additional time to sell their produce, and market activity is expected to improve in the coming days.Until about a month ago, cotton was fetching good prices in agricultural markets across the district. Due to active buying by private traders and local demand, prices had reached around ₹8,500 per quintal.However, with a decline in demand, prices started to fall. At present, cotton is being sold in mandis at around ₹7,000 to ₹7,200 per quintal.Due to the price drop, many farmers have chosen to store their cotton instead of selling it, hoping for better rates in the future as market demand improves.Earlier, the last date for procurement by the Cotton Corporation of India (CCI) at guaranteed MSP was fixed as February 27. With the deadline approaching, farmers expressed concern and demanded an extension of the procurement period.Responding to these demands, the Central Government has extended the MSP procurement period till March 15. This decision has brought significant relief to cotton growers.With current market prices remaining low, many farmers are now expected to sell their produce at CCI procurement centers to secure guaranteed MSP rates. As a result, cotton arrivals at these centers are likely to increase in the coming days.At present, CCI is procuring cotton at nine centers in the district, including Chikhalgaon, Borgaonmanju, Akot-1, Akot-2, Chohotta Bazaar, Telhara, Paras, Barshitakli, and Murtijapur.Overall, this extension has provided timely relief to farmers. Meanwhile, market committees and private traders believe that cotton prices may improve in the near future, and farmers continue to closely monitor market trends.read more :- CCI stops purchase, cotton farmers worry increased

Cotton Farmers in Adilabad Hit Hard as CCI Halts ProcurementAdilabad: Cotton farmers in Adilabad and nearby districts are facing severe financial stress following the halt of procurement by the Cotton Corporation of India (CCI) on February 27. With no further extension granted, many farmers have been forced to sell their produce to private traders at prices significantly below the Minimum Support Price (MSP).According to official data, cotton was cultivated over approximately 12.60 lakh acres across Adilabad, Mancherial, Kumram Bheem Asifabad, and Nirmal districts during the 2025 season. Initial estimates projected a production of nearly 70 lakh quintals, but adverse weather conditions led to a notable decline in overall output.CCI had commenced procurement on October 27, offering ₹8,110 per quintal for cotton with 8–12% moisture content. However, the price was later reduced by ₹100 per quintal due to higher moisture levels and smaller seed size, further impacting farmers’ income.Although procurement was officially stopped on February 20, protests by farmer groups and political parties, particularly the BRS, led to a short extension until February 27. Demonstrations, including road blockades, were held, and memorandums were submitted to district authorities demanding an extension.Despite continued appeals from farmer organizations and political leaders to extend procurement until March 25, the decision remained unchanged.With procurement centres now closed, farmers are compelled to sell cotton at around ₹6,500 per quintal—nearly ₹1,500 below MSP—resulting in substantial losses.Borranna, district convener of Rythu Swarajya Vedika, highlighted that farmers are facing multiple challenges from sowing to harvesting. He stated that cotton farming, once profitable, has become increasingly unsustainable due to weak market support and unseasonal rainfall.Procurement figures also reflect the downturn. The erstwhile Adilabad district has recorded around 45 lakh quintals of procurement so far, compared to 56.94 lakh quintals last year. At the Adilabad Agriculture Market Yard, procurement stood at 18.93 lakh quintals, down from 25.38 lakh quintals in the previous season. Similar declines have been reported in market yards across Asifabad, Nirmal, and Mancherial districts.Overall, the situation underscores growing distress among cotton farmers, with falling prices, reduced procurement, and adverse weather compounding their challenges.read more :- The rupee fell 05 paise to open at 91.65 against the dollar.

The rupee fell 05 paise to open at 91.65/USDOn Friday, the Indian rupee fell 05 paise to open at 91.65 per dollar, compared to the previous close of 91.60.READ MORE :- India-Canada CEPA expected to increase trade: Rubix Data Sciences

Proposed India-Canada CEPA can boost goods trade: Rubix Data SciencesA proposed Comprehensive Economic Partnership Agreement (CEPA) between India and Canada could significantly strengthen bilateral trade by reducing tariffs and improving market access, according to Rubix Data Sciences.The agreement is expected to benefit sectors such as pharmaceuticals, engineering goods, textiles, and agricultural products, while also ensuring more reliable imports of key resources like pulses and fertilisers.Rubix Data Sciences noted that beyond lowering tariffs, CEPA could deepen supply chain integration, encourage services and investment flows, and create a more stable and diversified trade framework. These improvements could help transform the currently cyclical nature of India–Canada trade into sustained long-term growth.Bilateral trade between the two countries increased from $6.9 billion in FY22 to $8.7 billion in FY25, reflecting a compound annual growth rate (CAGR) of about 8%, largely driven by stronger import growth.However, the sharp fall in imports during the first nine months of FY26 led to a 13% contraction in total trade, highlighting India’s sensitivity to commodity import cycles.Despite these fluctuations, the overall trade balance between India and Canada has remained broadly neutral, shifting between surplus and deficit over the years. India recorded a surplus in FY22, deficits from FY23 to FY25, and a surplus again in FY26 so far.This pattern reflects the complementary nature of bilateral trade, where India exports value-added manufactured goods while importing primary commodities, resulting in cyclical movements rather than a persistent structural imbalance.read more :- Rupee fell 03 paise to close at 91.60 per dollar

The Indian rupee on Thursday lower 03 paise to close at 91.60 per dollar, while it opened at 91.57 in the morning.Benchmark indices ended sharply higher on Thursday, with the Sensex rising 900 points, or 1.14 percent, to close at 80,015, while the Nifty gained 285 points, or 1.17 percent, to settle at 24,765. read more :- Mega Textile Park proposal sent to Division

Proposal for establishment of Mega Textile Park sent to the concerned divisionOn the occasion of Holi festival, a big positive news related to the industrial sector has come out for Bhilwara. Under the Mega Textile Park Scheme of the Central Government, the process for setting up a park in Bhilwara has been taken forward.After the announcement of Mega Textile Park in the Union Budget (February 1), MP Damodar Aggarwal wrote a letter to the Prime Minister, Union Textiles Minister and Chief Minister on February 3, again strongly demanding the establishment of a park in Bhilwara. In this matter, on February 11, Union Textile Minister Giriraj Singh informed that the proposal for setting up a mega textile park in Bhilwara has been sent to the concerned department for further action.It is expected that soon Bhilwara will receive positive information in this regard. According to Prem Garg, General Secretary of Bhilwara Textile Trade Federation, MP and Federation President Damodar Aggarwal has been engaged in this effort for a long time. Due to the decision of the previous state government, the Bhilwara proposal could not be sent to the Center on time. The Ashok Gehlot-led government at that time sent Jodhpur's proposal, which was rejected by the central government, while textile parks were allotted to other states.It was told that Union Minister Giriraj Singh was invited to Bhilwara on 15 April 2025 and informed about the textile industrial potential of this place. Urged to give Bhilwara its rights. The minister had also given positive assurance in this direction. It is known that Bhilwara is recognized as a major textile industry center in the country. If a mega textile park is established here, it can give a new impetus to the industrial development, employment generation and export growth of the area.read more :- 7000 farmers of Sirsa benefited from cotton sowing scheme