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
Cotton Price Crisis: Cotton prices have fallen ₹800 below the MSP, benefiting the industry but causing losses for farmers.Cotton prices in the country are continuously falling, and farmers are receiving prices ₹700–₹800 below the MSP. While zero import duty is significantly benefiting the textile industry, rising imports and weak demand are preventing farmers from receiving fair prices for their produce, forcing them to shift away from cotton and toward other crops. After soybeans and maize, cotton is now next in line. Cotton prices in the country are continuously falling. Government data shows that farmers are receiving rates ₹700–₹800 below the MSP. Regarding the Minimum Support Price (MSP), the central government has fixed the rate at ₹7,710 per quintal for medium-staple cotton and ₹8,110 for long-staple cotton. Currently, the market is seeing the majority of arrivals of medium-fiber cotton, which is trading at ₹6,988, compared to the MSP of ₹7,710. This rate information is provided by the government agency AgMarknet.This decline in prices comes at a time when the central government has reduced the import duty on cotton to zero. The decline clearly indicates that traders and mill owners are benefiting from this government decision, while farmers are struggling to secure MSP. This clearly indicates that farmers have suffered a significant financial blow following the zero import duty. If this situation continues, farmers will further reduce cotton cultivation.Low Inflows, Low PricesGovernment data shows that the model price received by farmers has declined in contrast to the rapid increase in the MSP. Surprisingly, cotton arrivals in the markets have fallen over time. A common trade rule is that when imports and supplies fall, the price of the product rises. However, this did not happen with cotton. Instead of rising, its prices fell, and the main reason for this is the zero import duty.Benefits for mill owners, losses for farmersIndia has zero import duty on cotton. This means that any trader or miller in the country can import cotton at zero import duty. The government has extended this until December 31st. The government argues that zero import duty will stabilize the cost of the textile industry, which will help textile companies and increase the purchase of cotton from farmers.The government's argument is in accordance with the rules, but on the ground, it seems to be showing no benefit. The situation on the ground is that farmers are suffering losses. If there were any benefit, they would receive good prices for cotton. The situation is such that farmers are not even able to get the MSP for cotton. On the other hand, textile companies and mill owners are benefiting.Agriculture will be devastatedCotton expert Vijay Jawanghia says about this trend, "Zero import duty will reduce the price of cloth by 2 to 2.5 rupees, directly benefiting mills and traders." According to one estimate, this import duty decision will benefit the textile industry by 15,000 crore rupees, while farmers' entire agriculture will be devastated. Its impact is already visible, as farmers are now shifting their focus from cotton to pulses and oilseeds. This is directly due to falling cotton prices and zero import duty.Loss from ImportsA simple principle of agriculture and trade is that when goods start coming from abroad, local production begins to decline. The government is also aware of this principle, yet zeroing the import duty on cotton until December is unimaginable, as the cotton season begins in October and the Cotton Corporation of India (CCI) begins procurement. Considering the cotton imports, they continue to rise.How much did imports increase?Government data shows that while imports in 2023-24 were 1,550,312 bales (one bale contains 170 kg), they increased to 4,139,941 bales in 2024-25. While cotton imports increased, cotton cultivation in the country declined. Despite this, farmers did not receive good prices. The reason is the purchase of cotton from abroad. When mills and traders can easily obtain foreign goods at low prices, why would they buy cotton from domestic farmers? This has caused frustration among farmers, and they are turning to other crops instead of cotton.How much is the price?Global trends are also being blamed for this price situation. This means that cotton purchases worldwide are sluggish, leading to a decline in demand for Indian cotton. Experts say that due to weak demand and global price trends, prices are remaining below the MSP. Therefore, it is expected that the Cotton Corporation of India (CCI) will provide relief to farmers by purchasing at the MSP. However, this relief will only be effective if farmers receive the MSP price.The CCI's purchases reveal that raw cotton prices in private trade are hovering between Rs 6,500 and Rs 7,500 per quintal, which is lower than the MSP of Rs 8,100.Clearly, when even government agencies are not providing MSP rates to farmers, what can farmers expect from traders? Overall, MSP has become a distant dream for farmers; they hear about it, but they cannot get it. Now, farmers' entire hope rests on the government to intervene in the market and ensure that cotton receives the MSP.read more :- Maharashtra: Farmers increasingly turn to CCI for cotton procurement
Maharashtra: Farmers are increasingly turning to CCI for cotton procurement.Beed: Government cotton procurement centers are offering better rates than private procurement centers, leading to a significant increase in cotton growers' inclination towards CCI. However, registration, approval, and other complex requirements have forced farmers to repeatedly visit market committee offices and ginning centers, exacerbating their problems.Thirty thousand quintals of cotton were planted in this year's Kharif season. After a delay in sowing, continuous rains again caused significant damage to the cotton. Despite this, farmers resorted to expensive fertilizers and pesticide sprays. However, the heavy rains damaged the cotton. The cotton on the trees was destroyed in just two harvests.Currently, Rabi sowing is underway, so farmers are prioritizing selling cotton. The government initially established government cotton procurement centers, but the stringent conditions imposed on them have exacerbated farmers' problems. Last year, CCI purchased thirty quintals of cotton per hectare; However, this year, the procurement limit has been set at only thirteen quintals per hectare, and farmers are demanding its repeal. Meanwhile, registration with the CCI on the "Cotton Kisan" app is required to sell cotton. After registration, approval from the Market Committee office, followed by slot booking, has left farmers confused.The figures speak for themselves...Private procurement centers: SixCotton purchased: Twenty-six thousand quintalsProcurement start date: October 27Rates received: Six thousand five hundred to seven thousand one hundred rupees per quintalCCI procurement centers: SixCotton purchased: Twenty-five thousand quintalsProcurement start date: November 10Rates received: Seven thousand seven hundred to eight thousand rupees per quintalTotal cotton purchased: 51 thousand quintalsIf you have any problems selling cotton or registering, please contact the Market Committee office.read more :- INR Drops 16 Paise, Closes at 89.22 per Dollar
The Indian rupee on tuesday lower 16 paise to close at 89.22 per dollar, while it opened at 89.06 in the morning.At close, the Sensex was down 313.70 points or 0.37 percent at 84,587.01, and the Nifty was down 74.70 points or 0.29 percent at 25,884.80. About 2022 shares advanced, 1972 shares declined, and 149 shares unchanged.read more :- China's soy oil exports to India rise on domestic demand
China’s soyoil exports to India surge on growing domestic glutChina’s exports of soybean oil to India are surging as weak domestic demand for the cooking ingredient coincides with robust imports of soybeans from South America and, more recently, the US. Asia’s largest economy shipped a record 70,877 tonnes of the cooking oil in October, according to customs data, most of which went to India. Exports in the first 10 months of the year have reached 329,000 tonnes, almost triple what they were for the whole of 2024. Beijing has long viewed its dependence on foreign soybeans, which are processed into animal feed and cooking oil, as a vulnerability in a world where geopolitics and viruses can quickly disrupt commodity flows. However, robust imports from South America are hitting a fairly tepid local economy, forcing Chinese soyoil processors to seek new markets.It’s another example of flagging consumption in China resulting in a surplus, with the excess flooding into global markets. In this case it’s a development that’s welcome in India, the world’s biggest importer of soybean oil. This newly forged trade route is likely to become busier, as China returns to buying US soybeans after last month’s trade truce, and relations between Beijing and New Delhi improve. The trade makes logistical sense for India, said Aashish Acharya, a vice president at Patanjali Foods Ltd, one of the country’s top vegetable-oil buyers. “Quality is comparable with South American supplies, prices are competitive and Chinese exporters are seeking reliable buyers.” Chinese soybean oil is trading at a discount of US$10 (RM41.36) to US$15 a tonne to that from South America, and can reach India’s east coast in about 10 to 12 days, compared with the 50- to 60-day journey from Brazil and Argentina, Acharya said. Imports from China are at about 70,000 tonnes so far in November and could increase by another 12,000 tonnes by month end, he said.China is the world’s biggest producer of soybean oil, churning out around 20 million tonnes a year. It used to consume nearly all of that output at home, often having to resort to imports to meet local demand. But as the economy has cooled, people have cut back on eating out, damping soyoil consumption from restaurants.The trade is being abetted by a glut of soybean oil that’s built up in China. Commercial stockpiles were at more than one million tonnes in mid-November, a seven-year high for that time of year, commodities consultancy Mysteel said in a note. Chinese crushers are expected to maintain a high level of activity and it will take time for local demand to recover, it said.On the wireChina continued its buying of American soybeans, though traders remain cautious over whether the Asian nation will come through with the much larger level of expected purchases this year.Seaborne shipments of liquefied natural gas to China in November are set to drop for a 13th straight month on an annual basis, extending a slump in purchases as domestic output and piped imports remain strong.In the roughly three weeks since Japanese Prime Minister Sanae Takaichi commented on a possible Taiwan contingency in parliament, China has unleashed economic reprisals, nationalist barbs and a diplomatic offensive to show its displeasure.read more :- CCI to ramp up cotton procurement at MSP, prices may rise above last year's
CCI's cotton procurement at MSP accelerates; prices may exceed last year's levels due to lower prices.CAI recently estimated the 2025-26 crop at 30.5 million bales (each bale weighing 170 kg), down 2% from last year's 31.24 million bales. As cotton arrivals increase, the state-owned Cotton Corporation of India (CCI) has accelerated its procurement of the natural fiber crop at the Minimum Support Price (MSP), with daily purchases surpassing one lakh bales (170 kg). According to trade, arrivals surpassed two lakh bales on Monday."Procurement has begun in all cotton-growing states except Odisha. Last Friday, we crossed 1 lakh bales in a day and this season we have crossed nearly 8 lakh in total," said CCI Chairman and Managing Director Lalit Kumar Gupta.As prices continue to remain bearish - below MSP levels - influenced by the global price trend amidst weak demand, the expectation is that CCI will have to do the heavy lifting through its market intervention buying at MSP. The raw cotton (kapas) prices in the private trade are ruling between ₹6.500 and ₹7,500 per quintal, lower than the the MSP of ₹8,100. “The expectation is that our procurement will likely cross last year’s levels because the price gap is wide open,” Gupta said, while adding that the quality issue is more this year. Last year, CCI had procured over 1 crore bales of 170 kg each.CCI has opened around 570 centres, of which 400 are operational. Every day 15 centres are coming up, he said.Unseasonal and excess rains had impacted the quality of the cotton crop this year, while the acreages were lower as a section of farmers had switched over to other crops like maize and oilseeds.“The arrivals are increasing day-by-day and CCI has also started buying in bulk quantity. The prices will stabilise as CCI has started aggressive buying,” said Vinay N Kotak, President, Cotton Association of India (CAI), the apex trade body.Kotak said the good quality cotton is getting scarce compared to last year because of the unseasonal rains, there is a huge damage to quality. “The quantity damage is smaller, but the quality damage is bigger and because of that the difference between the lower quality and quality will keep widening,” he said.CAI had recently estimated the 2025-26 crop at 305 lakh bales of 170 kg each, down 2 per cent from previous year’s 312.40 lakh bales.“Quality is a big issue this year as there’s a lot variation in all the States,” said Ramanuj Das Boob, a sourcing agent from Raichur. “Weak yarn demand has reduced mill buying. Buyers are willing to buy quality cotton at reasonable price, while the big mills have covered their positions opting for imported cotton,” he said. Quality cotton is hovering in the range of ₹50,500-52,000 per candy of 356 kg, while the lower quality produce is around ₹47,500-49,000 levels, he said. read more :- Cotton farmers' problems were placed before the Governor.
Telangana : Farmers’ body apprises guv on cotton ryots’ woes.Hyderabad: A Telangana Agriculture and Farmers Welfare Commission team on Monday met governor Jishnu Dev Varma at Raj Bhavan and brought to his attention the challenges being faced by cotton farmers in Telangana.During the meeting, commission chairman M Kodanda Reddy along with members, including Bhumi Sunil, highlighted that the Cotton Corporation of India (CCI) opened its procurement centres later than expected, causing difficulties for farmers who now need to register on the newly launched Kapas Kisan app to sell their produce.Furthermore, the restriction allowing only seven quintals of cotton per acre has added to the farmers' woes. This year, cotton was grown on 4.8 million acres across the state, but due to heavy rain and cyclone Montha, farmers endured significant losses.Kodanda Reddy informed the governor about the issues stemming from CCI's regulations, which were exacerbating the struggles of farmers already hit hard by the cyclone. Complaints from farmers statewide were flooding the commission's office, prompting the team to raise these concerns with the governor. They also expressed their objections to the draft Seed Act 2025 issued by the central govt, noting that there were differing opinions among the state's farmers and farmer associations regarding this legislation.The governor responded favourably to the petition presented by the commission regarding the cotton farmers and promised to raise the CCI issue with the central authorities. He also asked for a follow-up meeting to further discuss the details surrounding the draft Seed Act.read more :- INR Opens Stronger by 17 Paise at 89.06
Rupee opens 17 paise up at 89.06 against dollar It opened at 89.06 against the US dollar after ending the previous session at 89.23.read more :- Cotton procurement begins in Srikaranpur, 90 quintals lifted
*Government procurement of cotton begins in Srikaranpur: CCI purchases 90 quintals from 4 farmers on the first day*Government procurement of cotton, known as white gold, has begun in Srikaranpur. The Cotton Corporation of India (CCI) is purchasing cotton from Singla Industries. On the first day, approximately 90 quintals of cotton was purchased from 4 farmers.Senior Dhan Mandi trader and Municipal Chairman Ramesh Bansal, Singla Industries owner Sumit Singla, Dhan Mandi traders Bunty Singla and Gaurav jointly inaugurated the cotton procurement at the support price. Babu Vijendra Yadav and Praveen Kumar of the Cotton Corporation of India were present.On the first day, cotton from farmer Mahendra Singh, son of Tara Singh, of Chak 7FF, was purchased at a rate of ₹7,860 per quintal. Furthermore, CCI purchased cotton from farmer Gurcharan Singh, son of Harpal Singh, of 43GG, at ₹7,702 per quintal, and cotton from Sukhwant Singh, son of Sardar Dilbhag Singh, at ₹7,545 per quintal. Farmer Prabhjeet Singh, son of Kulwant Singh, 48F, also arrived with cotton.CCI's Babu Praveen explained that Singla Industries has been contracted by the CCI. Only farmers who have registered their cotton can come to Singla Industries to sell their cotton to the CCI.read more:- Textile industry welcomes new labour code
Indian Textile Industry Praises New Unified Labor CodeThe Indian textile industry has welcomed the country's labor law reforms. The Southern India Mills Association (SIMA) stated that the recently announced labor codes will simplify labor regulations, protect the interests of both employers and employees, and help the country progress towards a developed India.SIMA Chairman Durai Palanisamy praised Prime Minister Narendra Modi for this major and innovative initiative. He said that the implementation of these labor codes is another historic achievement for the government, marking a milestone in the many major changes that have taken place, following the changes in the tax system.The Government of India has notified the Industrial Relations Code, 2020; the Social Security Code, 2020; the Occupational Safety, Health, and Working Conditions (OSHWC) Code, 2020; and the Wage Code, 2019. These rules, which will come into effect on November 21, 2025, will improve 29 existing labor laws.Palanisamy said the new labor codes will help Indian industry comply with social accountability standards set by major regions like the European Union and the US. He said the new policy initiatives will benefit the industry from the upcoming free trade agreements with the EU and US.The new labor codes include provisions such as flexible working hours, flexible fixed-term employment, leveling the playing field in compliance costs, simplification of laws, ease of doing business, certification across India through a single license and registration, mandatory health check-ups for workers, mandatory issuance of appointment letters, increased safety during night shifts, incentives to hire more women, and annuity-based gratuity benefits.SIMA stated that although the new labor code may increase costs for companies due to additional welfare rules for workers, workers' interests are well protected.The association stated that it has been at the forefront of labor-related work and has consistently urged the government to simplify outdated labor laws and introduce a unified code, which will help India remain a global leader in social accountability.read more :- The rupee fell 09 paise to close at 89.23 per dollar.
On monday, the rupee fell 09 paise to close at 89.23 per dollar, after opening at 89.14 in the morning.At close, the Sensex was down 331.21 points or 0.39 percent at 84,900.71, and the Nifty was down 108.65 points or 0.42 percent at 25,959.50. About 1120 shares advanced, 2786 shares declined, and 156 shares unchanged.read more :- India-Georgia: Silk-textile cooperation grows
India, Georgia move to boost silk and textile collaborationIndia has taken a significant step to boost cooperation with Georgia in textiles, sericulture, and trade. A high-level delegation from the Ministry of Textiles, led by P. Sivakumar, Member Secretary of the Central Silk Board (CSB) and Secretary General of the International Sericultural Commission (ISC), concluded a five-day visit to Georgia from November 17 to 21.The visit aimed to deepen partnerships in sericulture, textiles, apparel, and carpet trade.According to the Ministry of Textiles, the delegation took part in the 11th BACSA International Conference - CULTUSERI 2025, where Sivakumar represented India and the ISC in the opening address.He spoke about India's strong foundation in traditional silk knowledge and how it continues to shape the creative and cultural industries. During the conference, he also presented a paper titled "The Chronicles of Wild Silk", underlining India's contribution to global sericulture practices.Adding to India's technical engagement, S. Manthira Moorthy, Director (Technical), CSB, showcased collaborative research between India and Bulgaria. His presentation focused on developing a productive bivoltine silkworm hybrid tailored for Indian conditions, reflecting ongoing international cooperation in silk research.One of the major highlights of the visit was the presentation of India's "5-in-1 Silk Stole," a unique creation that combines Mulberry, Oak Tasar, Tropical Tasar, Muga, and Eri silks in a single product. Conceived under the initiative of Sivakumar, the stole represents India's diverse silk heritage and demonstrates strong potential in global markets for premium handmade products.The Indian delegation met senior officials of the Georgian government, as well as representatives from universities, sericulture laboratories, research centres, textile manufacturers, carpet traders, and the Georgian Chamber of Commerce & Industry (GCCI). These meetings focused on strengthening bilateral trade, improving market access, and promoting collaborative research in sericulture and textiles.The outcomes of the visit included renewed India-Georgia cooperation in textile research and trade, identification of new opportunities for joint ventures in apparel and carpets, and the establishment of pathways for institutional and technical partnerships. India's active role in the BACSA international platform also reinforced its position as a global leader in silk and textile innovation.read more :- "2024-25: State-wise CCI Cotton Sales"
State-wise CCI Cotton Sales Details – 2024-25 SeasonThe Cotton Corporation of India (CCI) kept its prices unchanged this week. The total cotton bales sales for the 2024-25 season to approximately 90,52,100 bales. This represents around 90.52% 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 85.28% 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 :- Rupee opened 26 paise stronger at 89.14 per dollar
| title | Created At | Action |
|---|---|---|
| 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 |
| Cotton price crisis: Rs 800 below MSP, farmers in loss | 25-11-2025 17:12:36 | view |
| Maharashtra: Farmers increasingly turn to CCI for cotton procurement | 25-11-2025 16:56:20 | view |
| INR Drops 16 Paise, Closes at 89.22 per Dollar | 25-11-2025 15:41:48 | view |
| China's soy oil exports to India rise on domestic demand | 25-11-2025 12:30:29 | view |
| CCI to ramp up cotton procurement at MSP, prices may rise above last year's | 25-11-2025 11:44:19 | view |
| Cotton farmers' problems were placed before the Governor. | 25-11-2025 10:58:43 | view |
| INR Opens Stronger by 17 Paise at 89.06 | 25-11-2025 10:19:27 | view |
| Cotton procurement begins in Srikaranpur, 90 quintals lifted | 24-11-2025 17:39:05 | view |
| Textile industry welcomes new labour code | 24-11-2025 16:56:38 | view |
| The rupee fell 09 paise to close at 89.23 per dollar. | 24-11-2025 15:49:44 | view |
| India-Georgia: Silk-textile cooperation grows | 24-11-2025 11:48:23 | view |
| "2024-25: State-wise CCI Cotton Sales" | 24-11-2025 10:51:27 | view |
