State-wise CCI Cotton Sales Details – 2024-25 SeasonThe Cotton Corporation of India (CCI) reduces Kasturi Mod prices by Rs 100/- per candy this week. The total cotton bales sold for the 2024-25 season to approximately 91,08,300 bales. This represents around 91.08% 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 85.27% 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.
Virtual trade talks between India and US, deal to be finalized before the end of the year: Commerce SecretaryWhen Nandan Nilekani mentions you in a keynote, it means more than just a mention; it signals a shift in the conversation. In his speech at the Global Fintech Festival 2025, Nilekani explained, “We have trillions of dollars of assets locked up in real estate and gold. Tokenization and AI [artificial intelligence] are two big trends that will drive this shift. The idea is to incorporate compliance but unlock the potential of tokenized assets.”This wasn't a passing mention. Nilekani highlighted Alt DRX as an example of how this vision is already coming true, citing its work as “bridging the gap between real-world assets and global investors through secure, fractional ownership” and as a model for the future digital economy, or “finternet,” in which India is at the forefront. He emphasized that Alt DRX is building precisely the kind of compliant, democratic infrastructure that he believes will shape India's next leap in digital finance.Alt DRX's work in this space was recognized at the Global Fintech Festival 2025, where Alt DRX was awarded the Best Wealth Tech Solution of the Year.This recognition set the stage for further discussion, when Dhruv Mohan of The Economic Times introduced the team behind one of India's fastest-growing digital real estate platforms.The market is reshaping itselfCo-founder and Chief Business Officer Avinash Rao believes India's housing market is at a turning point. "Every year, only about 300,000 homes are sold in the primary market. But the potential market is over 100 million buyers," he said. "Digital real estate will bridge this gap and allow people to participate in housing in new forms."He added that what surprised him most was that location no longer hindered participation. "It's unheard of for someone in Delhi to buy a property in Hyderabad, but it's actually happening," Rao said. "This kind of diversification across the country will become commonplace in the next few years."The integration of small ticket sizes as low as ₹10 per day through Alt DRX's Daily Savings Plan is a major step in this direction. Investors now regularly distribute holdings in metro cities like Mumbai, Goa, Kerala, and even in new markets like Ayodhya or Amravati.Changing buyer behaviorReturning to Rao's point, Dhruv asked whether digital properties are being treated more like financial instruments or traditional brick-and-mortar assets. Rao replied, "Real estate is a hedge compared to other asset classes. It's not volatile; it's long-term. About 25% of trades on our platform are secondary sales, which shows that people are seeing liquidity, but they still expect stable growth."He shared an interesting point: "Our busiest time isn't during trading hours; it's around 7:30 p.m., when people come online to buy digital square feet." This pattern of behavior shows how real estate is becoming a part of everyday financial activity, not just a once-in-a-lifetime decision.More importantly, Rao has seen customers using these digital units to build systematic portfolios. “Earlier, a home was a once-in-a-lifetime purchase. Now it's become something you can save for month after month. People are building real estate portfolios just like they do with stocks, which vary across regions and property types.”Engineering for Everyday InvestorsCo-founder and CTO, Sachin Joshi, shed light on the philosophy guiding their product roadmap. “Disruption starts with making participation easy,” he said. “That's why we created a daily savings product starting at ₹10; it helps people take small steps into real estate investing.”This simplicity matches technology. “We've fully integrated with UPI AutoPay,” Joshi added. “Users can set up daily investments in less than a minute. Today, hundreds of users invest automatically, buying and selling digital asset tokens on our platform every day.”According to Joshi, the idea is to bring real estate into everyday savings habits. “We want every Indian to own at least one square foot of real estate, from now until many years to come.”read more :- Relief for cotton farmers in Andhra: Private mills to procure from December 1
Andhra Pradesh: Major relief for cotton farmers in Andhra Pradesh, procurement will begin through private mills from December 1st.Cotton farmers in Andhra Pradesh are facing significant distress these days. Cyclone Monta in October dashed their hopes. Heavy rainfall lashed several cotton-growing districts, further exacerbating their problems. These farmers were already facing the challenge of excessive moisture in their produce due to unseasonal rains in August and September. On Wednesday, State Agriculture Minister Atchannaidu met with them, assuring them of timely procurement and assistance.Government AssurancesAtchannaidu assured cotton farmers that the government is taking necessary steps to address all procurement-related issues and ensuring that every quintal of cotton produced in the state is procured without delay. He inspected cotton procurement centers in Guntur and Palnadu districts. Following the inspection, Atchannaidu spoke with Union Minister Ram Mohan Naidu over the phone and explained the problems faced by cotton farmers. He urged the Union Minister to discuss the issue with the Union Agriculture Minister and CCI officials in New Delhi so that immediate relief measures could be implemented.Farmers' Wait EndsAccording to Atchannaidu, he has personally spoken to the Union Textiles Minister, the CCI Chairman, and the Managing Director, and requested them to relax some procurement standards. This will ease the farmers' inconvenience in the markets. He said the central government has responded positively and assured full support in streamlining the procurement process. Atchannaidu also urged farmers not to lose heart and worry. He stated that the government will ensure that all cotton produced in the state is procured. According to Atchannaidu, the government will facilitate further procurement through private mills from December 1st to reduce the pressure on the CCI. He believed that this move would speed up procurement and end farmers' waits in market yards.Rs. 300 Crore for Crop Support PriceAtchannaidu reiterated the government's commitment to agricultural development. He said that the coalition government had allocated Rs. 300 crore for crop price support in the budget and had spent approximately Rs. 1,000 crore in just 16 months to ensure fair prices for farmers. He said that these figures reflect the coalition government's sincerity and dedication to strengthening the agricultural sector. He also offered reassurance to banana and maize farmers. He said that the government will stand firmly with farmers, who play a vital role in the rural economy.read more :- CCI slashes Kasturi mode prices, sells 91% cotton in e-auction
The Cotton Corporation of India (CCI) reduces Kasturi Mod prices by Rs 100/- per candy this week and sold 91.08% of its 2024-25 cotton procurement through e-auctions.During the entire week from 24 November to 28 November 2025, CCI conducted online auctions at its mills and trader sessions, achieving total sales of approximately 56,200 bales. Weekly Sales Performance24 November, 2025: CCI recorded sales of 6,700 bales, including 3,100 bales bought by mills and 3,600 bales taken by traders.25 November, 2025: The week recorded peak sales of 24,000 bales, including 21,800 bales purchased by mills and 2,200 by traders.26 November, 2025: Total sales reached 15,600 bales, with mills buying 6,600 bales and traders purchasing 9,000 bales.27 November, 2025: Out of the 9,000 bales sold, mills dominated purchases with 7,500 bales, while traders bought the remaining 1,500.28 November, 2025: This week closed with total sales of 900 bales, including 800 bales purchased by mills and 100 bales by traders.CCI sold a total of approximately 56,200 bales during the week, taking its cumulative sales to 91,08,300 bales for the season, which is 91.08% of its total purchases for 2024-25.read more :- Chhota Udaipur: Farmers in cotton crisis, government help missing
Farmers in Chhota Udaipur, Gujarat, face financial hardship: Cotton crops ruined, government support still "zero!"Cotton crop ruined in Chhota Udaipur: Farmers in Naswadi, Bodeli, and Sankheda talukas of Chhota Udaipur district are currently facing severe financial hardship. The cotton crop, their livelihood, has been completely destroyed by unseasonal rains. According to farmers, despite the administration's announcement of assistance, they have not received a single rupee in aid to date.Cotton plants wither, causing losses worth lakhsCotton farming is the main source of income for farmers in this area. Farmers had spent lakhs of rupees planting cotton, and when the time came to harvest, unseasonal rains ruined all their hard work. The cotton plants have withered due to the unseasonal rains. The bolls (cotton fruits) on the plants have also dried up, leaving farmers in ruins. All the expenses of farming have fallen on their shoulders, and with zero income, farmers are burdened with a mountain of debt.There is no money for the winter crop, and banks are not giving loans.Farmers' plight has worsened after the cotton crop was destroyed. Farmers don't even have money for winter farming. Due to the shortage of funds, banks are also unwilling to provide new loans. Meanwhile, traders and shopkeepers in the market have stopped giving more loans to farmers, making survival difficult. Many farmers have had to mortgage their gold and silver jewelry. Currently, with no other wage or employment opportunities, they are facing a situation of "whatever happens, will happen."The biggest concern amid this dire situation for farmers is that despite the administration announcing assistance for cotton losses, farmer families have not yet received a single rupee.Farmers are clearly demanding that the government complete the survey as soon as possible and provide immediate financial assistance so they can get out of debt and make a living by planting crops next winter. Given this dire situation for farmers, it is imperative for the government to take immediate action.read more :- INR Drops 07 Paise, Closes at 89.45 per Dollar
The Indian rupee on friday lower 07 paise to close at 89.45 per dollar, while it opened at 89.38 in the morning.At close, the Sensex was down 13.71 points or 0.02 percent at 85,706.67, and the Nifty was down 12.60 points or 0.05 percent at 26,202.95. About 1945 shares advanced, 2023 shares declined, and 152 shares unchanged.read more :- Madhya Pradesh: Bumper cotton arrival, farmers bring 80+ vehicles to the market
Madhya Pradesh: Bumper cotton arrival, farmers bring over 80 vehicles to the marketBarwani: Cotton arrivals in the district are steadily increasing. After the Cotton Corporation of India (CCI) began purchasing cotton directly from farmers, the agricultural produce market has become even more active. A large number of farmers from various parts of the district are arriving in their vehicles daily. The situation is such that around 100 cotton vehicles are arriving at the market daily.As of 12 noon on Thursday, approximately 80 vehicles had arrived. Farmers visiting the market say that this time, due to weather conditions, there has been some fluctuation in crop quality, but the procurement process is proceeding smoothly. According to the prices set by the CCI, farmers are currently receiving prices ranging from ₹7690 to ₹8010 per quintal. Prices vary depending on quality and moisture. According to the market management, arrivals are expected to increase further compared to the initial days, as harvesting is progressing rapidly in most areas.This year, the CCI has also implemented some new procurement rules. According to the corporation's directives, only registered farmers residing in the district will be able to sell their cotton. This will increase transparency in the procurement process and prioritize local farmers. Additional staff have also been deployed for security and weighing procedures in the market premises. Farmers are being admitted in queues to avoid any chaos due to overcrowding. The Agriculture Department estimates that cotton arrivals may reach their peak in the coming days. Procurement by the CCI has brought relief to farmers, raising their hopes of receiving a fair price for their hard work.read more :- Farmers in Maharashtra demand lifting of ban on HTBT cotton
Maharastra : In losses, farmers seek lifting of ban on HTBT cottonYavatmal: Cultivation of HTBT cotton, considered environmentally harmful, is banned across the country. Despite this, thousands of farmers continue to grow the variety illegally. Farmers are being exploited in this process, the farmers' union alleged. They have demanded govt grant legal permission for HTBT cultivation to prevent continued economic exploitation of farmers.Maharashtra is one of the leading cotton-producing states. In Vidarbha alone, Yavatmal district cultivates cotton on nearly 5 lakh hectares. Unpredictable weather conditions and other factors have led to a significant drop in cotton yields in recent years. At the same time, cotton prices have been unstable, and the rising cost of production has not been matched by market rates.Considering overall input costs, many farmers prefer HTBT cotton.This year, nearly 40% of cotton cultivation across Vidarbha is estimated to be HTBT. Farmers are forced to purchase them illegally, often falling to frauds."We have been cultivating HTBT cotton for years. The yields are good, and importantly, crop management is easier.Traditionally, one hectare of cotton requires about 75 labourers for weeding, costing nearly 15,000. But with HTBT, the cost is just around 2,500 per hectare. It saves time and ensures uniform crop growth," said Vijay Nival, activist of farmers' union."This year, nearly 40% of farmers in Yavatmal district opted for HTBT cotton. The variety is convenient and cost-effective for farmers. But because farmers are forced to buy HTBT seeds illegally, they risk being cheated, leading to huge financial losses. Therefore, govt should legalise HTBT cultivation," he said.read more :- Rupee open Falls 08 Paise to 89.38/USD
Rupee opens 08 paise down at 89.38 against dollarIndian rupee opened lower at 89.38 per dollar on Friday against previous close of 89.30.read more :- India's textile exports to 111 countries record growth
India's Textile Exports to 111 Countries Record Growth:India's textile exports to 111 countries recorded year-on-year growth between April and September 2025, reflecting a significant shift towards reducing over-reliance on the US market. According to the latest Industry Insights Report on India's textile sector by Rubix Data Sciences, government-supported imports of Indian textiles have increased by more than 50 percent in 40 priority countries, with 38 markets registering growth of more than 50 percent.A major catalyst for this diversification is the India-UK FTA signed in July 2025, which provides duty-free access to 99 percent of India's textile and clothing exports. This special access is expected to increase India's textile exports to the UK by 30-45 percent by 2030 and could help the country double its home textile market share in the UK within three years.India's textile sector is entering a new phase of expansion, but it is facing one of the most turbulent times globally in years. Heavy US tariffs of up to 50 percent on Indian goods have raised the effective rate on Indian textile and clothing imports to the US to 63.9 percent. This has encouraged the industry to expand its global presence and gain new momentum in new markets.India's growing global presence is supported by strong domestic fundamentals. The textile and clothing sector, valued at $174 billion in FY25, is projected to reach $350 billion by FY31, growing at a CAGR of 12.4 percent. However, sustaining this growth will require a more stable global trade environment, especially in India's largest export market, the US.Nevertheless, the sector is undergoing a major transformation, driven by the rapid rise of technical textiles, its fastest-growing segment. This market is projected to grow from $29 billion in 2024 to $123 billion by 2035, driven by applications in healthcare, mobility, defense, and infrastructure. Technical textile exports reached $2.9 billion in FY25, growing at an 8% CAGR, with packtech and indutech together accounting for nearly two-thirds of the export volume.Meanwhile, India's domestic fashion consumption landscape is also rapidly changing. Online clothing sales are projected to grow 17% in FY25 and maintain a 15% CAGR until FY30, with quick commerce also entering the fashion category. India remains an attractive market for global retailers: the report states that 27 international brands entered the country in 2024, double the number from the previous year.The number of DPIIT-recognized textile startups increased 3.7 times between 2020 and 2024, while apparel-brand startups raised $120 million in 2025 (as of October), a 2.6 percent year-on-year increase.As the industry is the second-largest employer in the country, the government is determined to mitigate the impact of global fluctuations through several supportive measures in the second half of 2025. These include the cancellation of QCOs on key polyester raw materials, which had increased costs by approximately 30 percent, a ₹450 billion export support package, and the extension of duty-free cotton imports until December 31, 2025. These steps come at a time when domestic cotton production has declined sharply, from 38.6 million bales in 2014-15 to 29.425 million bales in 2024-25, and imports have nearly doubled during the same period. Clarity on BIS contamination standards is still pending and remains a concern for exporters."India's textile sector is going through its most difficult phase in years," said Mohan Ramaswamy, co-founder and CEO of Rubix Data Sciences. "Tariffs, changing global demand, sustainability pressures, and fierce competition are changing the landscape. But the industry is responding quickly, expanding into new markets, investing in technology, moving up the value chain, and embracing circularity. At Rubix, our mission is to provide businesses with the intelligence they need to navigate these fluctuations, manage risks, and make confident decisions in a rapidly changing global economy."As India moves towards becoming a more globally competitive textile hub, Rubix Data Sciences says continued investment in innovation, technology adoption, raw material security, and sustainable manufacturing will be crucial. With growing export diversification, increasing investor interest, and the rise of digital retail channels, India's textile industry is well-positioned to drive the next phase of the country's manufacturing-led growth.read more :- INR Drops 10 Paise, Closes at 89.30 per Dollar
The Indian rupee on thursday lower 10 paise to close at 89.30 per dollar, while it opened at 89.20 in the morning.At close, the Sensex was up 110.87 points or 0.13 percent at 85,720.38, and the Nifty was up 10.25 points or 0.04 percent at 26,215.55. About 1900 shares advanced, 2073 shares declined, and 167 shares unchanged.read more :- 1.25 lakh farmers of MP get a gift of Rs 249 crore
Over 1.25 lakh farmers in Madhya Pradesh receive a significant gift, with the government depositing ₹249 crore into their accounts.Bhavantar - The state government has given a significant gift to the farmers of Madhya Pradesh. ₹249 crore has been deposited into their accounts. This amount has been given to soybean farmers under the Bhavantar Yojana (Bhavantar Yojana). Over 1.25 lakh farmers in the state will benefit from this. Chief Minister Dr. Mohan Yadav transferred the Bhavantar Yojana amount to farmers across the state with a single click. He deposited the Soybean Bhavantar Yojana funds into the farmers' accounts at a program held in Gautampura, Depalpur Assembly constituency, Indore. Prior to this, CM Mohan Yadav held a road show in Gautampura, which attracted a large crowd. The public welcomed the CM with flowers.The Bhavantar Yojana 2025 has been implemented to ensure that soybean farmers in the state receive the benefits of the Minimum Support Price (MSP) under this scheme. Under this scheme, the state government has guaranteed the MSP for soybean farmers. In the event of soybean prices falling below the Minimum Support Price (MSP) in the markets, the state government will pay the remaining amount.In Gautampura, Chief Minister Mohan Yadav transferred ₹249 crore under the Soybean Price Difference Payment Scheme. This amount was deposited into the bank accounts of a total of 134,000 farmers in the state. Along with transferring the funds to farmers' accounts, the Chief Minister inaugurated and performed groundbreaking ceremonies for various development projects.Model Rate of ₹4,265 per quintal on November 26On November 26, a model rate of ₹4,265 per quintal was released under the Price Difference Scheme. This model rate is for farmers who sold their soybeans in the market. The price difference amount will be calculated based on this model rate. The difference between the model rate and the minimum support price is being provided by the state government.It should be noted that the first model rate for soybean was released on November 7 at ₹4,020 per quintal. Similarly, the model rates were released at Rs 4033 per quintal on November 8, Rs 4036 on November 9 and 10, Rs 4056 on November 11, Rs 4077 on November 12, Rs 4130 on November 13, Rs 4184 on November 14, Rs 4225 on November 15, Rs 4234 on November 16, Rs 4236 on November 17, Rs 4255 on November 18, Rs 4263 on November 19, Rs 4267 on November 20, Rs 4271 on November 21, Rs 4285 on November 22, Rs 4282 on November 23 and 24 and Rs 4277 per quintal on November 25. Under the scheme, the state government guarantees that farmers will receive the minimum support price of Rs 5328 per quintal for soybean under all circumstances.read more :- Madhya Pradesh: Farmers release cattle in cotton fields in protest against MSP
Madhya Pradesh: Farmers let cattle into cotton crops, refusing to go to Khandwa for MSP.Burhanpur : Sunil Mahajan, a farmer from Loni village, let cattle into his cotton crop. He fed the cattle the cotton grown on 2 acres. Following banana farmers in Burhanpur, cotton farmers are now forced to feed their standing crops to cattle instead of selling their cotton in the market.Cotton being transported to Khandwa for MSPFarmer Sunil Mahajan had planted cotton on 2 acres. However, upset that the cotton was being purchased at the support price in Khandwa instead of Burhanpur, he destroyed his cotton crop by feeding it to cattle. The farmer is describing this as both compulsion and protest. The video of the cattle feeding the cotton crop is now rapidly going viral on social media.Demand for Cotton Purchase at MSP in BurhanpurCotton is being purchased at the support price by the Central Industrial Security Corporation (CCI) in Khandwa, but farmers are finding it extremely difficult to transport their crop from Burhanpur to Khandwa. The transportation cost has increased, leading to farmers abandoning their cattle in the cotton fields. Now, distressed farmers have demanded that the government arrange for cotton purchases at the support price in Burhanpur itself.The MSP for cotton is set at Rs. 8,200 per quintal.Cotton has been planted on more than 16,000 hectares in Burhanpur. This year, the government has set the support price for cotton at Rs. 8,200 per quintal, but Burhanpur farmers are unable to benefit from the support price. The requirement to pay transportation charges to sell cotton at the support price has exacerbated farmers' problems. Burhanpur farmers must pay transportation charges to transport cotton to the Cotton Corporation of India (CCI) Khandwa procurement center, a demand local farmers have refused.Cattle released into the fields as a protestFarmers have defied CCI's conditions and, in protest, have released cattle to graze in the fields, destroying the crops. Cotton farmer Sunil Mahajan says, "The government should take care of cotton-producing farmers so they don't have to face financial hardship. If the government doesn't take concrete steps soon, cotton-producing farmers will lose interest in the crop. Farmers will be forced to turn to other crops, which will lead to a decline in cotton production and could lead to difficulties in manufacturing cotton-based products in the future."read more :- INR Opens Stronger by 07 Paise at 89.20
Rupee opened 07 paise higher at 89.20/USDIndian rupee opened at 89.20 per dollar on Thursday versus previous close of 89.27.read more :- 14 quintal limit on cotton purchase abolished
The 14-quintal requirement has been lifted... Now, the CCI will purchase cotton based on farmers' production.There's news of relief for cotton-producing farmers. The Cotton Corporation of India Limited (CCI) has changed its cotton procurement policy in the district. Until now, cotton was being purchased at the minimum support price of 14.01 quintals per hectare. Farmers producing more than this amount were forced to sell the remaining cotton in the open market at throwaway prices.Bhaskar prominently published the story in its October 26th issue, highlighting the negligence of responsible officials. Following this, the government has ordered the CCI to purchase cotton based on farmers' actual production. SS Rajput, DDA, Agriculture Department, stated that production certificates will be issued by the respective area's agriculture officer. On Tuesday, certificates were issued to Dinesh Patel at the Khargone center, Rekha Shah at the Barwah center, and Kavita Shah at the Barwah center, and their cotton was purchased. The respective area's agriculture officer will issue certificates at the cotton procurement center. Now, this change has been implemented in the interest of farmers, allowing them to sell their cotton at the correct price based on their production.Slots will be booked from Monday to Friday. These days, due to the wedding season and farmers busy with sowing, the slots for the entire week are being booked in a few minutes. This is causing inconvenience to the remaining farmers. In such a situation, now slots will be booked from 10.30 am from Monday to Friday. The slot will be available on the same day the next week after the day on which the farmer books the slot. The Mandi Committee has appealed to the farmers that if for some reason they are unable to bring cotton on the booked day, then they should cancel the slot so that others get the opportunity.read more :- “First Advance Estimates of Kharif Crops 2025-26 Released”
Union Minister Shri Shivraj Singh Chouhan Releases First Advance Estimates of Kharif Crop Production for 2025–26Record Growth in Major Crops; Total Kharif Food Grain Output Projected at 173.33 Million TonnesUnion Minister for Agriculture & Farmers’ Welfare and Rural Development, Shri Shivraj Singh Chouhan, today released the First Advance Estimates of Kharif Crop Production for 2025–26, projecting a record increase in overall crop output across the country.According to the estimates, total Kharif food grain production is expected to rise by 3.87 million tonnes, reaching 173.33 million tonnes, reflecting the positive impact of a favorable monsoon and improved crop management.🔹 Cotton Production — Strong Output ContinuesCotton production for 2025–26 is projected at 29.22 million bales (each bale weighing 170 kg), indicating a steady and resilient performance despite regional weather variations. The sustained output is expected to bolster the country’s textile and export sectors.🔹 Oilseeds and Soybean Production — Strong Growth OutlookThe total Kharif oilseed production for 2025–26 is estimated at 27.56 million tonnes, marking a solid performance for the sector.Groundnut (Peanut): Expected at 11.09 million tonnes, showing a significant increase of 0.68 million tonnes from last year.Soybean: Projected at 14.27 million tonnes, reaffirming its position as the leading Kharif oilseed crop in the country.These estimates highlight a robust recovery and expansion in the oilseed segment, supporting India’s edible oil self-reliance goals.🔹 Overall Crop PerformanceShri Chouhan noted that while certain regions faced challenges due to excessive rainfall, most areas benefited from good monsoon distribution, ensuring robust crop growth across major producing states.Kharif Rice: Estimated at 124.50 million tonnes, up by 1.73 million tonnes compared to last year.Kharif Maize: Projected at 28.30 million tonnes, an increase of 3.50 million tonnes over the previous season.Coarse Cereals: Estimated at 41.41 million tonnes.Pulses: Expected at 7.41 million tonnes, including Tur (3.60 million tonnes), Urad (1.20 million tonnes), and Moong (1.72 million tonnes).The estimates are based on yield trends from previous years, regional observations, field reports, and data received from state governments. Final revisions will be made once Crop Cutting Experiment (CCE) data becomes available. Detailed estimates are accessible on the Ministry’s official portal.read more :- Rupee fell 02 paise to close at 89.27 per dollar
The Indian rupee on wednesday lower 02 paise to close at 89.27 per dollar, while it opened at 89.25 in the morning. At the close, the BSE Sensex was at 85,609.51, up 1022.5 points or 1.21 per cent and NSE Nifty50 was at 26,205.3, up 320.5 points or 1.24 per cent. read more :- JP Morgan: Oil prices could fall to $30 by FY27
JP Morgan warns of steep oil price fall to $30s by FY27: ReportIf realised, such a correction would offer meaningful relief for India, where oil imports weigh heavily on macro stabilityJP Morgan has issued a striking forecast on global energy markets, with The Economic Times reporting that the investment bank sees Brent crude potentially slipping into the $30 range by the end of FY27.The projection is built on expectations of a widening supply glut that continues to outpace demand growth through the next three years.If realised, such a correction would offer meaningful relief for India, where oil imports weigh heavily on macro stability.The Economic Times notes that global oil demand is set to rise by 0.9 mbd in 2025, lifting total consumption to 105.5 mbd. Demand growth is likely to remain steady in 2026 and pick up to 1.2 mbd in 2027. However, JP Morgan's estimates suggest supply will expand almost three times faster than demand in both 2025 and 2026. Even though supply growth eases in 2027, it is still expected to exceed what the market can comfortably absorb.A key driver behind this mismatch is the renewed strength of non-OPEC+ output. As highlighted by The Economic Times, JP Morgan believes that half of the incremental supply through 2027 will originate outside the producer alliance, supported by strong offshore projects and persistent momentum in global shale. Offshore, once dismissed as an expensive and cyclical business, has evolved into a dependable, low-cost growth stream. It is projected to contribute 0.5 mbd in 2025, 0.9 mbd in 2026 and a further 0.4 mbd in 2027. With almost all FPSOs through 2029 already in place, the bank sees exceptionally high visibility on upcoming offshore additions.Shale oil remains the system's most responsive supply lever. Though US shale growth has cooled, productivity gains and better capital efficiency continue to bolster output. Beyond the US, Argentina's Vaca Muerta has matured into a cost-competitive, scalable basin backed by expanding export capacity. As reported by The Economic Times, global shale output increased by 0.8 mbd in 2025, and if crude remains in the mid-$50 band, shale supply could rise another 0.4 mbd in 2026 and 0.5 mbd in 2027.These additions have contributed to a sizeable inventory build-up. The Economic Times cites JP Morgan's assessment that global observable stocks have risen by 1.5 mbd so far this year, with nearly 1 mbd located in oil-on-water and Chinese inventories. The bank expects this accumulated surplus to spill over into 2026, potentially widening the glut to 2.8 mbd in 2026 and 2.7 mbd in 2027 without corrective action.Such an overhang, The Economic Times reports, implies Brent could slip below $60 next year, drift into the low $50s by late 2026, and end that year with prices showing a $4 handle. For 2027, JP Morgan projects an average of around $42, with the possibility of prices falling into the $30s by the close of the fiscal year. While the bank acknowledges that the full downside may not materialise, it expects market balancing to occur primarily through voluntary and forced production cuts. JP Morgan's working forecast for Brent in 2026 stands at $58, while current Brent prices hover just above $60 per barrel.read more :- High Court seeks response from CCI on lack of cotton centres in Vidarbha
High Court Notice to CCI: Shortage of Cotton Procurement Centers in Vidarbha; High Court Tells Cotton CorporationHigh Court Notice to CCI: Vidarbha, the country's largest cotton producer, faces a severe shortage of procurement centers. The High Court has reprimanded the Cotton Corporation for opening only 89 centers, while hundreds of farmers are awaiting them, and urged immediate action in the interests of farmers. (High Court Notice to CCI)High Court Notice to CCI: Cotton farmers in Vidarbha have once again been discriminated against. Despite the need for at least 557 procurement centers in Vidarbha, which has 16,86,485 hectares of cotton cultivation, the Cotton Corporation has opened only 89 centers. (High Court Notice to CCI)On Tuesday, the Nagpur Bench of the Bombay High Court reprimanded the Cotton Corporation for this serious negligence and ordered a detailed response within three weeks. (High Court Notice to CCI)Public Interest Litigation and Court HearingA public interest litigation filed by Shriram Satpute, District Secretary of the Consumer Panchayat of Maharashtra, was heard before a bench of Justices Anil Kilor and Rajneesh Vyas.On this occasion, an affidavit submitted by court friend Advocate Purushottam Patil sharply criticized the Cotton Corporation's reckless policies and described the true plight of farmers.557 centers needed – only 89 centers operational: Court's questionAccording to the data provided in the petition,Nagpur Division: 10.39 lakh hectares of cotton cultivation, but 213 centers are needed.Amravati Division: 10.39 lakh hectares of cotton cultivation, but 344 centers are needed.But the actual centers operational are only 35 and 54!Expressing anger over this major misstep, the bench questioned on what basis the corporation told farmers that there were enough centers. A double blow to farmers; private traders benefited.Like in previous years, the corporation began procurement this year in the second week of November.As a result, millions of farmers were left with no choice but to sell cotton to private traders.A rate 8,000-1,000 rupees lower than the minimum support price.Massive financial loss.Advocate Patil clearly stated that this situation is a direct result of the corporation's delayed policy.Debate in court on procurement limit and moisture percentageCurrently, registration through the 'Cotton Kisan' app is required.And the procurement limit is 5 quintals per acre.However, the average production in Vidarbha is 6 to 10 quintals per acre.Therefore, a demand was made in court to increase the limit to 10 quintals.Additionally, it has been suggested that the moisture limit be increased from 12% to 15%.1 - The Corporation should begin cotton procurement on or before September 31st every year.2 - Registration and slot booking should not be mandatory. Farmers should be provided with both online and offline facilities.3 - The Corporation should compensate farmers who have to sell cotton below the minimum support price.4 - Cotton procurement centers should remain operational until the end of April every year.read more :- Rupee opens 03 paise down at 89.25
Rupee opens 3 paise down at 89.25 on persistent dollar demandThe rupee opened at 89.25 against the US dollar after ending the previous session at 89.22.read more :- Cotton price crisis: Rs 800 below MSP, farmers in loss
| title | Created At | Action |
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| CCI Cotton Sales by State :– 2024-25 | 29-11-2025 15:32:57 | view |
| India-US virtual trade talks, deal finalised before year end | 29-11-2025 11:52:38 | view |
| Relief for cotton farmers in Andhra: Private mills to procure from December 1 | 29-11-2025 11:32:17 | view |
| CCI slashes Kasturi mode prices, sells 91% cotton in e-auction | 28-11-2025 17:45:38 | view |
| Chhota Udaipur: Farmers in cotton crisis, government help missing | 28-11-2025 17:13:40 | view |
| INR Drops 07 Paise, Closes at 89.45 per Dollar | 28-11-2025 15:49:59 | view |
| Madhya Pradesh: Bumper cotton arrival, farmers bring 80+ vehicles to the market | 28-11-2025 11:28:54 | view |
| Farmers in Maharashtra demand lifting of ban on HTBT cotton | 28-11-2025 11:17:04 | view |
| Rupee open Falls 08 Paise to 89.38/USD | 28-11-2025 10:24:23 | view |
| India's textile exports to 111 countries record growth | 27-11-2025 16:01:00 | view |
| INR Drops 10 Paise, Closes at 89.30 per Dollar | 27-11-2025 15:42:02 | view |
| 1.25 lakh farmers of MP get a gift of Rs 249 crore | 27-11-2025 12:17:09 | view |
| Madhya Pradesh: Farmers release cattle in cotton fields in protest against MSP | 27-11-2025 11:19:39 | view |
| INR Opens Stronger by 07 Paise at 89.20 | 27-11-2025 10:26:06 | view |
| 14 quintal limit on cotton purchase abolished | 26-11-2025 18:42:47 | view |
| “First Advance Estimates of Kharif Crops 2025-26 Released” | 26-11-2025 18:17:16 | view |
| Rupee fell 02 paise to close at 89.27 per dollar | 26-11-2025 15:45:01 | view |
| JP Morgan: Oil prices could fall to $30 by FY27 | 26-11-2025 12:41:08 | view |
| High Court seeks response from CCI on lack of cotton centres in Vidarbha | 26-11-2025 11:31:18 | view |
| Rupee opens 03 paise down at 89.25 | 26-11-2025 10:24:23 | view |
