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 twist in cotton prices: relief to farmers due to increase in procurement periodThere is news of relief for cotton farmers. The Central Government has extended the period of cotton purchase at guaranteed rate (MSP) in Maharashtra. This has given farmers additional time to sell their produce and the market is expected to be bustling again.Till about a month ago, cotton was getting good prices in the agricultural produce markets of the district. Due to purchasing by private traders and at the village level, the price of cotton had reached around Rs 8,500 per quintal.However, later due to less demand in the market the prices started falling. At present the price of cotton in the mandis remains between Rs 7,000 to Rs 7,200 per quintal.Due to falling prices, many farmers have stored their cotton at home instead of selling it. Farmers hope that the prices may improve in the coming time with the increase in demand in the market, so they are waiting for better prices.Meanwhile, the last date for purchasing cotton at guaranteed rate through Cotton Corporation of India (CCI) was earlier fixed as February 27. Due to the expiry of the deadline, there was an atmosphere of worry among the farmers and there was a demand to extend the procurement period.Keeping in view the demand of farmers, the Central Government has decided to extend the period of cotton purchase at guaranteed rate till March 15. This decision has brought great relief to the farmers.Given the current low market prices, many farmers may now turn to CCI procurement centers to sell cotton at guaranteed rates. In such a situation, the arrival of cotton at these centers is expected to increase in the coming days.At present, cotton is being procured through CCI at nine procurement centers in the district. These include Chikhalgaon, Borgaonmanju, Akot-1, Akot-2, Chohotta Bazaar, Telhara, Paras, Barshitakli and Murtijapur.Cotton farmers have got some relief from this moratorium given by the government. At the same time, market committees and private buyers believe that cotton prices may improve in the coming time, hence farmers are also keeping an eye on the market activities.read more :- CCI stops purchase, cotton farmers worry increased
Cotton Farmers Face Losses in Adilabad After CCI Halts ProcurementAdilabad: Cotton farmers in Adilabad and neighbouring districts are facing significant financial losses after the Cotton Corporation of India (CCI) halted procurement on February 27. With no extension granted to the procurement deadline, many farmers have been forced to sell their produce to private traders at prices well below the Minimum Support Price (MSP).According to officials, cotton was cultivated across 12.60 lakh acres in Adilabad, Mancherial, Kumram Bheem Asifabad, and Nirmal districts during the 2025 season. Initially, authorities estimated that the four districts would produce around 70 lakh quintals of cotton. However, unfavourable weather conditions led to a considerable decline in the overall yield.The CCI began procurement on October 27, offering an MSP of ₹8,110 per quintal for cotton with moisture content between 8 and 12 percent. Later, the agency reduced the price by ₹100 per quintal, citing higher moisture levels and smaller seed sizes, which further affected farmers’ earnings.Procurement was officially stopped on February 20, but after protests by farmer organisations and political parties, particularly the BRS, the deadline was extended to February 27. The party organised road blockades and submitted representations to the district collectors of Adilabad and Kumram Bheem Asifabad, demanding an extension of the procurement period.Despite appeals from farmer groups and political leaders to extend the deadline until March 25, the CCI did not revise its decision.Following the closure of procurement centres, farmers have been compelled to sell their cotton to private traders for around ₹6,500 per quintal, nearly ₹1,500 less than the MSP.Borranna, district convener of Rythu Swarajya Vedika, said cotton farmers have been facing multiple challenges from sowing to harvest. He noted that while cotton cultivation was once profitable, farmers are now experiencing severe financial distress due to poor marketing opportunities and unseasonal rains. “Cotton cultivation is no longer profitable,” he said.Officials stated that procurement in the erstwhile Adilabad district has reached around 45 lakh quintals so far, compared to 56.94 lakh quintals during the previous year.The Adilabad Agriculture Market Yard recorded procurement of 18.93 lakh quintals, down from 25.38 lakh quintals last year. Market yards in Asifabad, Nirmal, and Mancherial districts have also reported significantly lower procurement compared to the previous season.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
| title | Created At | Action |
|---|---|---|
| The rupee fell 47 paise to open at 92.21. | 09-03-2026 09:29:03 | view |
| Long queues for cotton sale, CCI centres to remain open for 7 days | 07-03-2026 11:15:05 | view |
| CCI weekly cotton auction: 1.08 lakh bales sold, prices stable | 06-03-2026 18:26:56 | view |
| India's textile exports to Japan are expected to increase. | 06-03-2026 17:03:49 | view |
| Rupee fell 09 paise to close at 91.74 per dollar | 06-03-2026 15:46:43 | view |
| Cotton procurement period extended, relief to farmers | 06-03-2026 14:03:40 | view |
| CCI stops purchase, cotton farmers worry increased | 06-03-2026 11:16:52 | view |
| The rupee fell 05 paise to open at 91.65 against the dollar. | 06-03-2026 09:43:39 | view |
| India-Canada CEPA expected to increase trade: Rubix Data Sciences | 05-03-2026 16:52:54 | view |
| Rupee fell 03 paise to close at 91.60 per dollar | 05-03-2026 15:52:10 | view |
| Mega Textile Park proposal sent to Division | 05-03-2026 12:20:07 | view |
