Rupee opens 16 paise up at 88.05 as dollar index eases ahead of Fed meetingThe rupee opened at 88.05 against the US dollar after ending the previous session at 88.21.read more :- Duty levied on cotton, GST removed from farm machinery: Farmers demand
Farmers Demand MSP for Soybean, GST Cut on EquipmentBhartiya Kisan Sangh demonstrated in Krishi Upaj Mandi premises on Monday. Kisan Sangh submitted a memorandum to Naib Tehsildar Krishna Patel in the name of the Prime Minister and the Chief Minister.The main demands of the Kisan Sangh include complete abolition of GST from agricultural inputs and equipment. The Sangh has demanded a farmer-friendly import-export policy. Their demand is that imports should not be done at the time of ripening of the crop.Demand to impose import duty on cotton againFarmers demanded not to allow GM crops to enter India. Also, there was a demand to immediately restore the import duty removed on cotton. There was a demand to limit land acquisition only to development schemes and national issues.Kisan Sangh demanded immediate agricultural loan like Mudra loan. There was also a demand to install rain measuring instruments in every Gram Panchayat and open agricultural colleges in the districts. There was a demand to increase the limit of Kisan Credit Card to Rs 5 lakh.Demanded to provide fertilizersSuryansh Patidar said that maize and soybean should be purchased at the support price. Farmers have faced problems due to the shortage of chemical fertilizers in the last two months. Therefore, adequate fertilizers should be made available to the farmers. There was also a demand to replace the burnt transformers within 24 hours.Many farmer leaders including Bharatiya Kisan Sangh Tehsil President Dinesh Patel, Vishnu Yadav, Inder Singh Solanki were present in the program. Farmer leaders warned that if the demands are not met, then there will be a movement.read more:- INR Gains 05 Paise, Closes at 88.21 per Dollar
The Indian rupee on monday higher 05 paise to close at 88.21 per dollar, while it opened at 88.26 in the morning.At close, the Sensex was down 118.96 points or 0.15 percent at 81,785.74, and the Nifty was down 44.80 points or 0.18 percent at 25,069.20. About 2052 shares advanced, 1756 shares declined, and 163 shares unchanged.read more :- Cotton production-usage increased in 2025-26, stock decreased: WASDE
Global cotton output, use & trade raised in 2025-26; stocks cut: WASDEThe world cotton outlook for 2025–26 has been revised to reflect expectations for higher production, consumption, and trade, along with lower beginning and ending stocks, according to the September 2025 World Agricultural Supply and Demand Estimates (WASDE) report released by the US Department of Agriculture (USDA).Global cotton production is projected to exceed the previous estimate by over 1 million bales, as increases for China, India, and Australia more than offset declines in Turkiye, Mexico, and several West African nations. Total global production is now forecast at 117.68 million bales of 480 pounds (217.7 kg) each.The report indicates that world consumption has been raised by nearly 850,000 bales, driven mainly by increases in China and Vietnam, partially offset by a reduction in Turkiye and minor changes in several other countries. Global consumption is now pegged at 118.83 million bales, up from 117.99 million bales in the previous report.World trade is projected to rise by just over 100,000 bales, with increases for India and Australia partly offset by declines in several West African nations. Global exports are now expected at 43.70 million bales, compared to 43.59 million bales earlier.Beginning stocks for 2025–26 have been reduced by nearly 1 million bales to 74.06 million bales, down from 75.05 million last month, largely reflecting higher 2024–25 consumption in China. Consequently, ending stocks for 2025–26 have been lowered by almost 800,000 bales to 73.14 million bales, the lowest level in four years, compared to 73.91 million bales previously.For the US, the September outlook shows slightly higher production compared to last month, with no changes to exports, consumption, imports, or ending stocks. The US crop is projected 10,000 bales higher at 13.2 million bales, supported by unchanged to slightly higher planted and harvested areas across all regions. However, the national average yield has been lowered by 1 pound to 861 pounds per harvested acre.With no revisions to consumption, exports, or ending stocks, the stocks-to-use ratio remains unchanged at just over 26 per cent. The projected season-average upland cotton price for 2025–26 is steady at 64 cents per pound.read more :- CM will connect Madhya Pradesh cotton farmers with the global market
Cotton farmers of Madhya Pradesh will have access to global markets: Chief Minister Dr. Mohan YadavChief Minister Dr. Mohan Yadav has said that Madhya Pradesh is one of the leading states in organic cotton production in India. The state contributes about 40% of the country's total organic cotton production. With the foundation stone of the first PM Mitra Park to be laid by Prime Minister Shri Narendra Modi in Dhar district, Madhya Pradesh is set to become the cotton capital of India.Cotton farmers will now have direct access to international markets. The PM Mitra Park will prove to be a milestone in giving global recognition to the hard work of farmers. Dr. Yadav described it as the foundation of the state's industrial future and a gateway to new opportunities for farmers. Thanks to the visionary leadership of Prime Minister Modi, farmers' produce will now reach global markets directly from the fields and the cotton producing region of Madhya Pradesh will play an important role in this change.According to Chief Minister Dr. Yadav, PM Mitra Park is an industrial project that will transform the lives of farmers, workers, women and youth. Cotton producers will now be directly connected to cotton-based industries, making cotton more than just a crop and becoming the industrial identity of Madhya Pradesh.Madhya Pradesh is one of the top cotton-producing states in the country. The Malwa region—which includes Indore, Dhar, Jhabua, Alirajpur, Khargone, Barwani, Khandwa and Burhanpur—produces the highest amount of cotton. Madhya Pradesh has already gained fame for organic cotton production, making it an extremely suitable state for the textile industry. This is why Dhar was chosen for the PM Mitra Park.PM Mitra Park will have world-class facilitiesSpread over about 2,158 acres, the park is being developed with world-class infrastructure, including: a 20 MLD common effluent treatment plant, a 10 MVA solar power plant, assured supply of water and electricity, modern roads and 81 plug-and-play units.Amenities such as housing for workers and women employees and social infrastructure will make it not only an industrial area but also an ideal industrial township.Investors show interestInvestors have shown deep faith in PM Mitra Park and investment proposals worth a total of ₹27,109 crore have been received so far. This will lead to setting up of industries and create new employment opportunities for the local people. Leading textile organizations and industry groups have shown interest in investing here. This will benefit the state industrially and boost exports.The textiles and apparels produced in Dhar will soon reach the global markets directly. Madhya Pradesh is fast emerging as a textile hub.Theme of the park in line with Prime Minister Modi's visionIn line with the vision of Prime Minister Modi, this park will establish a complete value chain: "From farm to fiber, from factory to fashion and from fashion to overseas."The raw cotton obtained from the farmers will be converted into yarn, then textiles and apparels and finally exported. The entire value chain will be consolidated at one place, making this park unique and a model for others.Employment and economic growthThe PM Mitra Park is expected to generate around 3 lakh jobs, including 1 lakh direct and 2 lakh indirect jobs. The expansion of cotton-based industries will allow farmers to get double the value of their crops. This opportunity will not only create jobs but also boost economic activity in rural areas, boosting everything from local markets to exports.read more :- Rupee opened 01 paisa stronger at 88.26
Rupee Opens at 88.26, Up 1 PaisaThe Indian rupee opened one paise higher at 88.2612 against the US dollar on September 15 ahead of a widely expected interest rate cut at the US Federal Reserve's policy meeting this week.Read More :- CCI कपास बिक्री राज्यवार – 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 7,74,400 bales during the week, bringing the total cotton bales sales for the 2024-25 season to approximately 85,22,600 bales. This represents around 85.22% 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 85.11% 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:- Maharashtra Kharif: Cotton dominates despite rain
Maharashtra: Kharif crop cultivation: Despite timely rains, cotton continues to dominate Kharif crops.Kharif crop cultivation: Despite timely rains, cotton continues to dominate in Manora. Although traditional Kharif crops have declined, cotton cultivation has increased by 135 percent. Farmers have set a new record by relying on cotton even in late rains. (Kharif crop cultivation)Kharif crop cultivation: Despite the late onset of monsoon, farmers of Manora taluka have focused on cotton cultivation this year. (Kharif Crop Cultivation)Due to lack of timely rains, the area under traditional Kharif crops like tur, soybean, moong, urad, jowar has decreased, but cotton cultivation has reached new peaks. (Kharif Crop Cultivation)Rainfall and crop statusManora taluka has received 830 mm of rain till September 9, which is 116.4% of the average rainfall of this season.The total area sown for Kharif crops was 52,414 hectares, which is more than the average of 51,630 hectares.The area under traditional crops has decreased; however, the area under cotton has increased to 17,072 hectares.Half of the cotton cultivation in the district takes place in Manora.In Washim district, the area under cotton cultivation has increased much more than expected this year.Estimated area in the district – 26 thousand 438 hectaresActual cultivation – 32 thousand 194 hectaresOf this, almost half of the cultivation has been done in Manora taluka alone, i.e. an increase of 135.23 percent.Strategic steps of farmersFarmers were worried due to less rain till the end of June. However, farmers showed courage and sowed cotton based on the available water.The late but good rains boosted the cotton crop, while other crops were affected due to limited area.The confidence of the farmers of Manora taluka in cotton was once again evident. This year's figures show that despite the uncertainty of the weather, cotton is the mainstay of the taluka.read more :- CCI sells 85% cotton through e-bidding, weekly sales 7.74 lakh bales
The Cotton Corporation of India (CCI) Sells 85.22% of 2024–25 Cotton Procurement via E-Bidding, Logs Weekly Sales of 7.74 Lakh Bales.Throughout the week from 08 to 12 September 2025, CCI conducted online auctions across its Mills and Traders sessions, with total sales reaching approximately 7,74,400 bales. Importantly, cotton prices remained unchanged during this period, ensuring stability in the market.Weekly Sales Performance8 September 2025: CCI sold 64,200 bales, including 21,800 bales in the Mills session and 42,400 bales in the Traders session.9 September 2025: Sales surged to 1,83,700 bales, with Mills purchasing 45,400 bales and Traders accounting for 1,38,300 bales.10 September 2025: Another strong day with 1,84,700 bales sold, including 30,000 bales to Mills and 1,54,700 bales to Traders.11 September 2025: The week’s highest sales volume was recorded at 2,19,200 bales, with Mills buying 64,100 bales and Traders securing 1,55,100 bales.12 September 2025: The week concluded with the sales of 1,22,400 bales, split between 44,100 bales for Mills and 78,300 bales for Traders.CCI achieved total sales of approximately 7,74,400 bales for the week and for the season CCI’s cumulative saleshave reached 85,22,600 bales, representing 85.22% of its total procurement for 2024–25.read more :- US tariffs may cause 5-10% drop in textile industry revenue: Crisil
The Indian rupee ended 13 paisa higher on friday at 88.27 to the dollar, while it opened at 88.40 in the morning.At close, the Sensex was up 355.97 points or 0.44 percent at 81,904.70, and the Nifty was up 108.50 points or 0.43 percent at 25,114.00. About 1922 shares advanced, 2036 shares declined, and 138 shares unchanged.read more :- US tariffs may cause 5-10% drop in textile industry revenue: Crisil
US tariffs to reduce domestic textile industry revenues by 5-10%: Crisil RatingsAccording to a report by Crisil Ratings, the 50 per cent US tariff is likely to result in a 5-10 per cent decline in revenues of domestic textile manufacturers, along with a reduction in operating profitability.The US has imposed a 50 per cent tariff on imports of Indian goods from August 27, including a 25 per cent penalty on buying Russian crude oil. Although US President Donald Trump and Prime Minister Narendra Modi have assured that trade talks are on, no agreement has been reached yet.The domestic textile industry saw a 2-3 per cent growth in exports to the US in the first quarter of the current financial year (Q1 FY26). However, before the imposition of higher tariffs, exports had picked up due to advance loading of some orders.Major share of revenue from exportsExports contribute to at least three-fourths of the domestic textile industry's revenue. The total market size of the industry is estimated to be ₹81,000 crore in FY25E, up from ₹75,000 crore in FY24. Of this, exports to the US stood at ₹26,000 crore (estimated) in FY25E, up from ₹25,000 crore in the same period last year.The impact of tariffs on the industry is likely to be more pronounced as exports to the US exceed exports to other countries. Exports to other countries stood at ₹23,000 crore in FY25E, up from ₹20,000 crore in FY24.. Crisil analysed 40 home textile companies that account for 40-45 per cent of industry revenues.Maintaining competitive edgeAccording to the report, these three factors could cushion the blow:Sales growth during April-August 2025Diversification into alternative geographiesLimited capacities from competing countries such as China, Pakistan and TurkeyAdditionally, a debt-free balance sheet would partially offset the impact on the credit profile, the report said.Manish Gupta, deputy chief rating officer, Crisil Ratings, said, "With limited capacity to manufacture cotton-based home textile products in competing countries, India should be able to maintain its competitive position in the US market in the near future. This should limit the decline in overall industry revenue to 5-10 per cent in FY26."UK, EU emerge as alternative marketsGrowing trade with the European Union (EU) and the United Kingdom (UK) will help manufacturers offset lower purchases in the US, the report said. These geographies contributed nearly 13 per cent of India's domestic textile exports in FY25.India recently signed its free trade agreement with the UK and is in the final stages of negotiations with the EU.Goutam Shahi, director, Crisil Ratings, said, "It will take time to ramp up revenues from alternate export destinations. Meanwhile, operating profitability on exports to the US may decline sharply in the remainder of this fiscal year, as Indian exporters absorb some part of the higher duties and some expected slowdown in demand from the US due to inflation."read more :- Textile-apparel sector dependent on domestic consumption: SIMA
Domestic consumption, key for Indian textile and apparel sector, says SIMADomestic consumption of textiles and apparel is expected to play a critical role in managing the “temporary dip” in exports to the US because of 50% Trump tariff, said the newly-elected chairman of the Southern India Mills Association (SIMA) Durai Palanisamy in a press release on Thursday.Though the recent U.S. tariffs have created notable challenges, the industry remains optimistic. Currently, the U.S. accounts for nearly 28% of India’s total textile exports, valued at around $ 11 billion.The industry is actively working with the government to explore new market opportunities and diversify its export base. With continued policy support, rationalisation of tax structures and strategic market access initiatives, the industry is confident of sustaining momentum both in domestic and global markets, he said.Domestic consumption of textiles and apparel is expected to play a critical role in managing the “temporary dip” in exports to the US because of 50% Trump tariff, said the newly-elected chairman of the Southern India Mills Association (SIMA) Durai Palanisamy in a press release on Thursday.Though the recent U.S. tariffs have created notable challenges, the industry remains optimistic. Currently, the U.S. accounts for nearly 28% of India’s total textile exports, valued at around $ 11 billion.The industry is actively working with the government to explore new market opportunities and diversify its export base. With continued policy support, rationalisation of tax structures and strategic market access initiatives, the industry is confident of sustaining momentum both in domestic and global markets, he said.Accumulation of GST at 18% on textile machinery continues to be a significant burden for the highly capital-intensive textile industry, severely impacting working capital and new investments in the absence of the Technology Upgradation Scheme. Resolving this issue, along with addressing the challenges arising from the implementation of Quality Control Orders on MMF and its products, are critical to enhance the industry’s competitiveness, he said.The next-generation industry leaders to explore emerging global markets and focus on manufacturing innovative products using MMF, Mr. Palanisamy added.Durai Palanisamy, Executive Director of Pallava Textiles, was elected chairman of the SIMA for 2025-2026 at the 66th annual meeting of the association held in Coimbatore on September 11.S. Krishnakumar, Managing Director, Sulochana Cotton Spinning Mills, Tiruppur, was elected deputy chairman of the association, and K Sivaraj, Managing Director, Sivaraj Spinning Mills, Dindigul, was elected the vice-chairman of the association.At the annual meeting of the SIMA Cotton Development and Research Association (SIMA CDRA) held on Thursday, S.K. Sundararaman, Managing Director, Shiva Texyarn, Coimbatore was re-elected as its chairman for 2025-2026. Durai Palanisamy, Executive Director, Pallava Textiles, Erode, and S. Krishnakumar, Managing Director, Sulochana Cotton Spinning Mills, Tiruppur, were re-elected as deputy chairman and vice-chairman respectively.read more :- INR Opens Stronger by 04 Paise at 88.40
Indian rupee opens 4 paise up at 88.40 against dollarThe currency opened at 88.40 against the dollar. The rupee had ended the previous session at 88.44.read more :- "Ministry of Textiles Meeting–MSME Exporters Cooperation".
Meeting Summary – Ministry of Textiles, New DelhiAn important meeting was held at the Ministry of Textiles, New Delhi, under the chairmanship of Secretary Mrs. Padmini Singla. The meeting was attended by Mr. Latil Gupta, Chairman of the Cotton Corporation of India (CCI), along with representatives of ginners’ associations from major cotton-producing states across the country.During the meeting, Mrs. Singla listened carefully to the industry’s suggestions and concerns and presented a positive and visionary outlook. Most of the issues related to ginners were discussed in detail, while it was noted that some matters require further deliberation.Key outcomes of the meeting:1. CCI will review cotton lint standards and make them more practical.2. The provisions related to blacklisting will be largely removed.3. Fresh tenders will be issued based on revised and updated conditions.4. Ginners’ associations have been requested to present a draft framework for the evaluation of L1 and other bidders.The meeting proved to be highly productive and was appreciated by all stakeholders. Notably, for the first time, various ginners’ associations from across the country came together on one platform to collectively present their issues and suggestions.Associations that participated in the meeting:* Maharashtra Cotton Ginners Association* Vidarbha Cotton Association* Marathwada Cotton Association* Khandesh Cotton Association* Telangana Cotton Association* Saurashtra Cotton Association* North India Cotton Association* Upper Rajasthan Cotton Association* Madhyanchal Cotton Association* Punjab Cotton Association* Haryana Cotton Association* Odisha Cotton Association* Andhra Pradesh Cotton AssociationAll associations praised the leadership and visionary approach of Mrs. Padmini Singla. The attending representatives believed that this meeting was a reassuring and significant step toward concrete solutions for the industry.read more :-
India’s carry-forward cotton stocks for 2025-26 seen at 5 year high of 60.69 lakh balesIndia’s cotton carry-forward stocks for the new season 2025-26 starting October are estimated at 60.59 lakh bales of 170 kg each, the highest in five years. Cotton stocks at the beginning of the current 2024-25 season ending September stood at 39.19 lakh bales.“The increase in closing stocks is mainly on account of higher imports of 41 lakh bales over last year’s 15 lakh bales. Also, the opening stocks are the highest after Covid year 2020-21 during which it was around 120 lakh bales,” Atul S Ganatra, President, Cotton Association of India (CAI), told businessline.The government has recently removed the 11 per cent import duty on cotton till the year-end to help textiles sector deal with the US tariff issue. “We expect around 20 lakh bales to be imported during the October-December quarter,” Ganatra said.For the current 2024-25 season, CAI has revised upwards the imports by 2 lakh bales from its earlier projections to 41 lakh bales after the gGovernment removed the import duty. The cotton imports for the 2024-25 season are higher by about 25.80 lakh bales over the previous year’s 15.20 lakh bales. Up to August 31, 36.75 lakh bales are estimated to have arrived at the Indian ports, Ganatra said For the 2024-25 season, CAI has revised the cotton pressing numbers by one lakh bales to 312.40 lakh bales, based on the latest report submitted by the upcountry associations and trade sources. About 307.09 lakh bales have already arrived till August and balance 5.31 lakh bales are expected during September. The pressing estimates in Maharashtra have been increased by 1 lakh bales to 91 lakh bales, and in Andhra Pradesh by 0.5 lakh bales to 12.5 lakh bales. However, in Telangana, the pressing estimate have been reduced by 0.5 lakh bales to 49 lakh bales.CAI has maintained the consumption estimate at 314 lakh bales for 2024-25, same as projected previously. The consumption till August was estimated at 286 lakh bales.The exports for the 2024-25 season are projected at 18 lakh bales, lower by 10.36 lakh bales over previous year’s 28.36 lakh bales.read more:- Book slots for cotton sale through the app, get rid of crowd in the market
No need to wait in the market to sell cotton, farmers can book slots with this mobile appFor the convenience of farmers, the Government of India's cotton procurement agency, Cotton Corporation of India (CCI) has launched the 'Kapas Kisan' mobile app. Through which farmers can sell cotton at the support price (MSP) by registering online. Let's know how to do registration and slot booking.Every year lakhs of farmers sell their cotton crop in the mandis, but often they do not get the benefit of MSP. Many times farmers have to depend on middlemen, due to which they do not get the right price. In such a situation, for the convenience of farmers, the Government of India's cotton procurement agency, Cotton Corporation of India (CCI) has launched the 'Kapas Kisan' mobile app. Where farmers can book slots to sell crops by registering online from their mobile sitting at home.Register by 30 SeptemberThe 'Kapas Kisan' app launched by Cotton Corporation of India (CCI) can be downloaded from Google Play Store and Apple IOS App Store of mobile. To sell cotton crop in Akola, farmers will have to register on the Kapas Kisan App by September 30.Through the Kapas Kisan App, farmers will be directly connected to the government procurement system and the entire process will be digital and paperless. In which the payment for cotton crop will reach directly to the farmer's bank account with the guarantee of MSP.Features of Kapas Kisan AppOnline Registration: Farmers can register themselves with their mobile number and Aadhaar.Slot Booking: Farmers can choose a convenient time and date to sell cotton.Payment Tracking: Payment status can be checked from mobile after sale.Safe Transaction: Farmers will not have to depend on middlemen.Transparency: Due to the procurement process being digital, the possibility of any kind of disturbance will be reduced.read more :- Rupee fell 31 paise to close at 88.44 per dollar
The Indian rupee on thursday lower 31 paise to close at 88.44 per dollar, while it opened at 88.13 in the morning.At close, the Sensex was up 123.58 points or 0.15 percent at 81,548.73, and the Nifty was up 32.40 points or 0.13 percent at 25,005.50. About 1867 shares advanced, 1854 shares declined, and 131 shares unchanged.read more :- Jalgaon: Signs of 40% reduction in production due to cotton rot
Cotton rot in Jalgaon... signs of 30 to 40 percent reduction in production !Jalgaon - The continuous rain in the district for the last few days has now stopped. However, farmers are worried as the outbreak of cotton rot has increased after the rain. Agricultural experts have predicted a 30 to 40 percent reduction in cotton production due to rot.Due to farmers reducing their cultivation in Jalgaon district, the cotton acreage has decreased by about 21 percent in the Kharif season this year. It is seen that cotton, which is currently in the kernel ripening stage, has spread rot widely after the rains stopped. Green leaves have also started turning red suddenly, seeing this, farmers have also taken measures. According to experts at the Cotton Research Center in Jalgaon, rot in cotton crops is not a disease but a type of abnormality. This abnormality is seen in large numbers in the American hybrid BT variety. Water stress, excessive water retention in the soil, i.e. lack of moisture in the soil, temperature changes, infestation of sucking pests and imbalance of nutrients like nitrogen and magnesium are the main causes of red spot on cotton crop.What are the remedies for red spot?To prevent red spot on cotton, integrated nutrient management should be adopted from the beginning of the crop. Organic manure, farmyard manure, compost manure, vermicompost should be used before planting. Also, seed treatment should be done with Azotobacter and phosphorus-solubilizing bacteria. Chemical fertilizers and micronutrients should be used as recommended. While using chemical fertilizers, they should be given at the right time, in the right way and in the right quantity. If rainwater is seen accumulating in cotton, it is necessary to drain out the water immediately. If water availability is less, then arrangements should be made to rain one after the other. If there is moisture, light tilling should be done. It is also necessary to apply manure to the crop. If the last installment of nitrogen has not been given, then 40 to 50 kg of urea should be given per acre. Magnesium sulphate should be used at 20 to 30 kg per hectare. Also, two percent DAP or soluble fertilizers should be sprayed. Cotton Research Center, Jalgaon has advised that after the first spraying, two to three sprayings should be done at an interval of 10-15 days.If the cotton crop is affected by red blight disease, then the yield may decrease by 30 to 40 percent. Therefore, farmers should take preventive measures in time. -Dr. Girish Chaudhary (Producer- Cotton Research Center, Jalgaon)read more :- India's GDP is estimated to grow by 6.6% in 2026
India's GDP to grow at 6.6% in FY26 despite tariff pressures: ReportNomura in its recent report said that India's GDP growth rate in FY26 is projected to be 6.6 percent year-on-year, incorporating policy changes. This is under the assumption that the 25 percent reciprocal tariff will remain in place until FY26, and the 25 percent Russian penalty will be applicable only till November. On the other hand, if both sides stick to their word, resulting in the continuation of the 50 percent tariff rate, then the impact on GDP growth is expected to be 0.8 percentage points (pps) on an annual rate basis.The current account deficit (CAD) could also narrow to around 1.1 percent of GDP. In its report 'India-US trade rift: Outlook, spillovers and strategic shifts', Nomura said job losses in export-oriented sectors could have a significant impact on investment and consumption, and there could be risks of further escalation through tariffs or non-tariff barriers.The report said US-India trade talks have stalled after President Trump imposed 50 per cent tariffs. The deadlock still persists in the agriculture and dairy sector, as India pushes for a comprehensive agreement while the US favours a quick resolution. Domestically, Prime Minister Modi has taken a tough stand on protecting farmers, receiving rare support from opposition parties and businesses, and there is a growing emphasis on self-reliance.With the new tariff structure, the cost gap between India and China has narrowed, and between India and Southeast Asian competitors, it has shifted in China's favour. This could have a number of implications on the nature of new supply chains, such as negative impact on textiles, leather and toys, and Indian companies could potentially shift their production to countries with lower tariffs to retain their US customer base. However, the report further states that this will only impede global value chain integration for India, not completely derail it.Nomura expects a multi-pronged government response to support exporters and stabilise the economy. These measures are expected to include fiscal and financial support, export diversification and accelerating free trade agreements (FTAs). Structural reforms are also likely to accelerate, with rationalisation of the goods and services tax (GST) already announced. This is likely to be followed by further liberalisation of FDI, deregulation, factor market reforms, privatisation and administrative streamlining.read more :- Rupee opens 03 paise down at 88.13
Rupee opens 3 paise lower at 88.13/USD as Asian currencies fallThe Indian rupee opened 3 paise lower at 88.13 against the US dollar on September 11, compared to 88.10 at the previous close, as Asian currencies weakened.read more :- Cotton Cultivation Sees Sharp Rise in Pune District
| title | Created At | Action |
|---|---|---|
| INR Opens Stronger by 16 Paise at 88.05 | 16-09-2025 10:30:11 | view |
| Duty levied on cotton, GST removed from farm machinery: Farmers demand | 15-09-2025 18:16:09 | view |
| INR Gains 05 Paise, Closes at 88.21 per Dollar | 15-09-2025 15:41:15 | view |
| Cotton production-usage increased in 2025-26, stock decreased: WASDE | 15-09-2025 15:00:12 | view |
| CM will connect Madhya Pradesh cotton farmers with the global market | 15-09-2025 11:46:34 | view |
| Rupee opened 01 paisa stronger at 88.26 | 15-09-2025 10:49:37 | view |
| CCI Cotton Sale State Wise – 2024-25 | 13-09-2025 15:22:59 | view |
| Maharashtra Kharif: Cotton dominates despite rain | 13-09-2025 11:23:48 | view |
| CCI sells 85% cotton through e-bidding, weekly sales 7.74 lakh bales | 12-09-2025 17:37:33 | view |
| Rupee higher 13 Paisa Against Dollar, Closes at 88.27 | 12-09-2025 15:39:57 | view |
| US tariffs may cause 5-10% drop in textile industry revenue: Crisil | 12-09-2025 11:49:16 | view |
| Textile-apparel sector dependent on domestic consumption: SIMA | 12-09-2025 11:36:21 | view |
| INR Opens Stronger by 04 Paise at 88.40 | 12-09-2025 10:21:21 | view |
| "Ministry of Textiles Meeting–MSME Exporters Cooperation". | 11-09-2025 18:34:10 | view |
| Cotton stock at 5-year high in 2025-26 | 11-09-2025 17:32:00 | view |
| Book slots for cotton sale through the app, get rid of crowd in the market | 11-09-2025 17:15:08 | view |
| Rupee fell 31 paise to close at 88.44 per dollar | 11-09-2025 15:40:46 | view |
| Jalgaon: Signs of 40% reduction in production due to cotton rot | 11-09-2025 12:16:40 | view |
| India's GDP is estimated to grow by 6.6% in 2026 | 11-09-2025 11:16:50 | view |
| Rupee opens 03 paise down at 88.13 | 11-09-2025 10:24:01 | view |
