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On friday, the Indian rupee fell by 16 paisa to close at 88.26 per dollar, while it had opened at 88.10 in the morning.At close, the Sensex was down 7.25 points or 0.01 percent at 80,710.76, and the Nifty was up 6.70 points or 0.03 percent at 24,741.00. About 2081 shares advanced, 1828 shares declined, and 152 shares unchanged.read more :- Gujarat: Relief package on cotton crop loss, applications started

*Gujarat: Agricultural relief package announced for cotton crop damage, online application started*The government has announced an agricultural relief package for the damage to cotton crops in Mahuva, Sihor, Ghogha, Umrala talukas of Bhavnagar. Assistance will be provided up to 2 hectares and applications can be made from 02/09/2025.During October-2024, agriculture was severely affected due to the adverse rainfall conditions in Bhavnagar district. Especially in the rural areas of Mahuva, Sihor, Ghogha and Umrala talukas, the cotton crop has suffered heavy damage. The state government has included the villages of these four talukas in the ‘Agricultural Relief Package’. This assistance will prove to be a blessing for the farmers, especially for the damage to the cotton crop.The government has announced “Agricultural Relief Package (Cotton) October-2024” to compensate for the damage to the crop due to heavy rains in October-2024. Which includes Mahuva, Sihor, Ghogha and Umrala talukas of Bhavnagar district. Under this package, assistance will be available up to a limit of 2 hectares. Only one beneficiary is eligible for assistance in one account. To get the benefit of this package, farmers will have to apply online through VCE at Gram Panchayat on Digital Gujarat Portal from 02/09/2025 to 15 days.Farmers will not have to pay any fee to apply. At the time of applying online, farmers will have to submit these supporting documents1) Up-to-date copy of village sample no. 7-12 and 8-A.2) If there is no record of cotton crop cultivation in village sample no. 12 in October 2024, then Talati cum Minister's (Digital Coop Survey DSC) based cultivation pattern will have to be submitted.3) Copy of Aadhaar card.4) Copy of bank passbook/cancelled cheque (with IFSC code) will be required.5) In case of joint account holder, consent form of account holders other than the applicant farmer or in the absence of other farmer account holders, confession of the applicant farmer is required.6) In case of death of a farmer account holder, a firm name will have to be submitted by the heirs. Any one of the heirs in the firm name can submit an affidavit of consent of the other heirs in the firm name and other account holders of that account to get assistance.7) The benefit of this relief package will not be available to government, cooperative or institutional (trust) land holders.8) Assistance is available only once per Aadhaar number under this package.read more:-  INR Opens Stronger by 5 Paise at 88.10

 Indian rupee opens 5 paise higher at 88.10/USD as Dollar Index easesThe Indian rupee opened 5 paise higher at 88.10 on September 5 after the dollar index eased on rising bets on a rate cut by the US Federal Reserve, compared to the previous close of 88.15 against the greenback.read more :- Maharashtra: Increasing outbreak of thrips disease in cotton crops

Maharashtra: Thrips disease outbreak on cotton crops increasedFarmers are worried due to the outbreak of various diseases on cotton crops sown in 40 thousand hectares in Bhokardan taluka. Farmers consider cotton as a cash crop. However, every year cotton crops are in danger due to the outbreak of various diseases. This is likely to reduce production, which is affecting the farmers.Cotton plants are dying in large numbers due to the outbreak of thrips disease on cotton crops at the beginning of this season. In such a situation, the question has arisen before the farmers that how to increase the cotton crop. Farmers have spent a lot on expensive seeds as well as cultivation and medicines. Similarly, now, since the outbreak of thrips disease is increasing in cotton plants, the cost of the crop will have to be borne by the farmers. This will cause huge financial losses to the farmers, and farmers fear that the Kharif season will be ruined.After a few days of continuous rain, the infestation of thrips and insect diseases on crops has increased significantly, which is expected to increase cotton production. After heavy rains, the roots are not able to absorb nutrients due to waterlogging in the fields. Due to clouds, it is becoming difficult for them to get sunlight and when the sun suddenly sets, the infestation of fungal diseases is increasing. Due to this disease, the leaves have turned yellow and the leaves have become brittle, and the Kokda disease is more visible during the flowering period.Demand for guidanceDue to the outbreak of various diseases on cotton crops, farmers have to spray expensive medicines to control the diseases. Still, the infestation of the disease seems to be decreasing. Guidance is being sought for farmers from the Department of Agriculture.read more :- Cotton sold for Rs. 3805, 18 vehicles arrived in Muhurat sale

Cotton sold for up to Rs 3805 on the first day: 18 vehicles arrived in the Muhurat purchase; MLA said - arrival will increase after the rainKhargoneThe purchase of the new season was started in Khargone's cotton market on Thursday. The program was started with worship in the presence of MLA Balkrishna Patidar. Mandi Secretary Sharmila Ninama and Mandi representative Manjit Singh Chawla were also present on this occasion.On the first day, cotton arrived in the market in 18 vehicles. Businessman Mannalal Jaiswal bought Ashwin Dangi's first consignment at the highest price of Rs 9121 per quintal. The minimum price on this day was Rs 3805 per quintal.MLA Patidar said that currently the rainy season is going on. Arrival will increase after the rain stops. There is a possibility of increase in prices when good quality cotton arrives.According to the Mandi Secretary, farmers seemed satisfied with the initial price. Traders indicated that purchases may be affected due to approval of export to America. He also said that there is little possibility of getting prices above the support price.read more :- Rupee fell 07 paise to close at 88.15

The Indian rupee on thursday lower 07 paise to close at 88.15 per dollar, while it opened at 88.08 in the morning.At close, the Sensex was up 150.30 or 0.19 percent at 80,718.01 and the Nifty was up 19.25 points or 0.08 percent at 24,734.30.read more :- Impact of US tariffs, India buys record cotton

India set for record cotton buying as imports, US tariffs hit pricesNEW DELHI : India is expected to purchase a record volume of cotton from farmers in the upcoming season, as domestic prices face pressure from cheaper imports and weakening demand following hefty U.S. tariffs on textile exports, industry officials told .Cotton consumption in the world’s second-largest producer has slowed, with exporters reporting a sharp decline in orders from the United States, which accounts for nearly 29% of India’s $38 billion in annual textile exports.“Demand has slowed down, and that’s hurting the industry. In this kind of market, farmers are unlikely to get the promised support price for their cotton,” Atul Ganatra, president of the Cotton Association of India, told .The government will have to step in and buy a record amount of cotton – maybe around 14 million bales, Ganatra said.India has raised the price at which it will buy new-season cotton from domestic farmers by 7.8% to 8,110 rupees per 100 kg, but local market prices are hovering around 7,000 rupees.Prices are expected to come under pressure from next month due to rising supplies from the new season’s crop and the arrival of cheaper imported cotton, said Pradeep Jain, a ginner based in Jalgaon in the western state of Maharashtra.Last week, India extended an import duty exemption on cotton by three months, until the end of December.Farmers usually sell their crop to the state-run Cotton Corporation of India (CCI) whenever prices fall below the government-set floor price.In the 2024/25 marketing year, which ends this month, CCI spent a record 374.36 billion rupees to buy 10 million bales from farmers.“There is no limit or target for buying cotton from farmers in the new season. We will buy the entire quantity that farmers bring to CCI,” Lalit Kumar Gupta, managing director of CCI told .The CCI is planning to increase the number of procurement centres by 10% to 550 in the new season and has the capacity to purchase more than 20 million bales, Gupta said.In December quarter, India could import more than 2 million bales, said a New Delhi-based dealer with a global trade house.“Imported cotton is not only cheaper but also better in quality. So, textile mills will be busy using it even when local supply is at its peak, which will push down domestic prices,” the dealer said.read more :- Rupee open Falls 01 Paise to 88.08/USD

 Rupee opens marginally lower at 88.08/USD post GST rate overhaulThe local currency opened at 88.08 against the US dollar, compared with 88.07 against the greenback at the previous close.read more :- Cotton Market Update: Domestic and Global Trends

Cotton Market Weekly: Domestic Trends & Global MovesDomestic MarketsShankar-6 eased ₹100 to ₹55,300/candy as muted demand, thin export parity, and steady arrivals kept mills cautious. CAI reported daily arrivals at 7,400 bales (cumulative: 3.04 crore bales). CCI sold 6,900 bales on Friday.South India’s yarn market stayed weak under higher U.S. tariffs, with Tirupur seeing negligible trades. Mills may cut rates further next month as India’s $10.8 bn U.S. textile exports face up to 63.9% duties, pressuring hubs like Tirupur, Noida, Ludhiana, and Bengaluru.India extended duty-free cotton imports till Dec 2025, easing mill costs but raising procurement pressure on CCI beyond its 99 lakh bale target. Overall sentiment remains negative for domestic prices.International MarketsICE cotton futures fell, weighed by a stronger dollar and soft grain markets. Lower oil prices, making polyester cheaper, also capped cotton.WTI crude slipped 0.9% to $64/bbl amid weak U.S. demand and OPEC+ supply outlook. Cotton’s narrow 65.50–68.50c range signals possible downside below 65.50c.USDA reported net cotton sales of 179,300 RB (2025/26) and exports of 112,700 RB, with commitments down 23% YoY at 30% of USDA’s target.CFTC’s On-call report flagged downside risk: the record 2.3:1 purchase-to-sales ratio suggests any futures rebound may trigger farmer fixation, amplifying selling pressure.read more :- Indian Rupee higher 09 Paisa, Ends at 88.07 per Dollar

The Indian rupee on wednesday higher 09 paise to close at 88.07 per dollar, while it opened at 88.16 in the morning.The Sensex closed the day with a gain of 409.83 points, or 0.51 per cent, at 80,567.71, while the Nifty 50 rose 135 points, or 0.55 per cent, to settle at 24,715.05. The BSE Midcap index rose 0.63 per cent, while the Smallcap index jumped 0.90 per cent.read more :- Giriraj Singh reviews cotton MSP preparations for Kharif 2025-26

Union Minister Shri Giriraj Singh reviews preparations for Cotton MSP operations for Kharif Season 2025-26Criteria for procurement centre operations notified for the first time: Record 550 centres proposed in major cotton producing states. Nationwide self-registration by farmers and slot booking through ‘Kapas-Kisan’ mobile app to commence this seasonUnion Textiles Minister Shri Giriraj Singh chaired a high-level review meeting in New Delhi on 2nd September 2025. The meeting was attended by Smt. Neelam Shami Rao, Secretary, Ministry of Textiles, Smt. Padmini Singla, Joint Secretary (Fibres), Shri Lalit Kumar Gupta, CMD, Cotton Corporation of India (CCI) and other senior officers of the Ministry of Textiles and Cotton Corporation of India. The objective of the meeting was to assess the preparedness for Minimum Support Price (MSP) operations for cotton during the ensuing Kharif marketing season 2025-26 commencing from 1st October 2025.Shri Giriraj Singh reiterated the Government’s commitment to the welfare of cotton farmers and assured that all cotton procurement falling under MSP guidelines will be done without any disruptions and with focus on timely, transparent and farmer-centric service delivery. He expressed his commitment to safeguard the interests of cotton farmers by ensuring remunerative prices for their produce and accelerate the transition to a digitally empowered system.The Union Minister said that in line with the Government’s Digital India vision, all processes from procurement of cotton by Cotton Corporation of India (CCI) to sale of stocks under MSP operations are now completely faceless and paperless thereby strengthening the trust and confidence of farmers and other stakeholders in MSP operations.For the first time, uniform criteria have been laid down for setting up of procurement centres, taking into account key parameters such as area of cotton cultivation, availability of functional APMC yards and availability of at least one stock processing factory at the cotton procurement centre. As a result, a record 550 procurement centres have been set up in major cotton producing states. Procurement of cotton under MSP will commence from October 1 in northern states, October 15 in central states and October 21 in southern states, 2025.From this season, Aadhaar-based self-registration of cotton farmers and 7-day slot booking facility will be made available across the country through the newly launched 'Kapas-Kisan' mobile app. This digital platform aims to streamline procurement operations, ensure transparency and realise Aadhaar-based payments directly into farmers' bank accounts through the National Automated Clearing House (NACH). The SMS-based payment information service introduced last year will also continue.To enhance support at the ground level, Local Monitoring Committees (LMCs) will be constituted by the States in each APMC Mandi for immediate grievance redressal. Additionally, dedicated state-level helplines and a central CCI helpline will remain active throughout the procurement period. Deployment of adequate manpower, logistic support and other infrastructure will be ensured before the start of the cotton season.read more :- Textile relations with China strengthened after Modi visit