Next 5 years will prove to be a golden year for the giners of GujaratA special conversation with Arif Bhai Shah, the general of Mahua station in Bhavnagar districtThere are ups and downs in the cotton industry, but for the last 3 years, the graph of the ginning industry is moving in the direction of growth. Especially in Gujarat. In Gujarat, many spinning mills units are continuously setting up their plants, due to which the cotton consumption is increasing continuously here. Due to high demand, giners are not reading the need to find buyers. At present 75 lakh cotton bales are being consumed in the state of Gujarat. It is likely to increase further in the coming times. In such a situation, the next 5 years can prove to be golden years for the ginners of Gujarat.Only 10 percent acreage increasedRegarding Bhavnagar district, he told that about 6 lakh cotton bales are produced here, out of which 2 to 2.50 lakh bales are in Mahua district. This year, like the whole country, there has been an increase in sleeping here too. But due to late arrival of rain, only 10 percent of the area has increased more. He said that the price of cotton had increased earlier this year in 2011 as well, but then the price was controlled after March, but this time the prices of cotton have remained in the sky for the whole year.Step into ginning industry since 2005Arif Bhai's father Dawood Bhai Shah used to do cotton tiding work. Arif says that in 2005, when I did anti in business, I saw a lot of profit in the ginning industry. This is the reason why we entered the ginning industry since 2005. Earlier our goods used to go mostly to the south but due to the increase in spinning mills, now good buyers are easily available locally only. Right now we have 1 ginning factory which is managed by my father, me and my brother Siraj Shah together.VisionIt is a dream to start a spinning mill, but the labor cost at our station is very high.want this improvementBorrowing trend in the industry should end and most deals should be closed on cash.
Rupee weakens by 16 paise against dollarToday evening, the rupee closed at Rs 79.60 with a weakness of 16 paise against the dollar.Sensex closed down by breaking 509 pointsToday the stock market closed with a fall.Today, where the Sensex fell by about 508.62 points, closed at the level of 53886.61 points.On the other hand, Nifty closed at a level of 16058.30 points down by 157.70 points.
Sensex collapses as soon as it opens, registers a fall of 295 points Today the stock market opened with a fall. Today the BSE Sensex fell by about 294.85 points and opened at the level of 54100.38 points. On the other hand, the Nifty of NSE opened with a decline of 97.80 points at the level of 16118.20 points.Rupee rumbles against dollar, opened 7 paise weakRupee opened with weakness today against the dollar in the foreign exchange market. Today the rupee opened with a weakness of 7 paise at Rs 79.51 against the dollar. At the same time, on Monday, the rupee closed at Rs 79.44 with a weakness of 19 paise against the dollar.
12 જુલાઈ, 2022 માટે અખિલ ભારતીય હવામાનની આગાહીસમગ્ર દેશમાં બનાવેલ હવામાન પ્રણાલીઓલો પ્રેશર એરિયા દક્ષિણ ઓડિશા કોસ્ટ અને દક્ષિણ આંધ્ર પ્રદેશ કોસ્ટ પર છે.મોનસૂન ટ્રફ હવે બિકાનેર, કોટા, સાગર, રાયપુર, દક્ષિણ ઓડિશા અને ઉત્તર આંધ્રપ્રદેશના દરિયાકાંઠે ઓછા દબાણવાળા વિસ્તારના કેન્દ્રમાંથી પસાર થઈ રહી છે અને પછી પૂર્વ મધ્ય બંગાળની ખાડીમાં દક્ષિણપૂર્વ તરફ આગળ વધી રહી છે.એક ઑફશોર ટ્રફ ગુજરાતના દરિયાકાંઠેથી ઉત્તર કેરળના દરિયાકાંઠે વિસ્તરેલી છે.પૂર્વ-પશ્ચિમ શીયર ઝોન લગભગ 20 ડિગ્રી ઉત્તરના અક્ષાંશ સાથે ચાલી રહ્યું છે.*છેલ્લા 24 કલાક દરમિયાન દેશભરમાં હવામાનની હિલચાલ*છેલ્લા 24 કલાક દરમિયાન દક્ષિણ મધ્યપ્રદેશ, વિદર્ભ, તેલંગાણા, ગુજરાત અને ઉત્તર મધ્ય મહારાષ્ટ્રના કેટલાક ભાગોમાં મધ્યમથી ભારે વરસાદ થયો છે.કોંકણ અને ગોવા, કોસ્ટલ કર્ણાટક, કેરળ, આંદામાન અને નિકોબાર ટાપુઓ, દક્ષિણ છત્તીસગઢ અને હિમાચલ પ્રદેશમાં છૂટાછવાયા સ્થળોએ હળવાથી મધ્યમ વરસાદ અને રાજસ્થાનમાં છૂટાછવાયા સ્થળોએ હળવાથી મધ્યમ વરસાદ.ગંગાના પશ્ચિમ બંગાળ, ઝારખંડ, આસામ, લક્ષદ્વીપ, મરાઠવાડા, તટીય આંધ્રપ્રદેશ, છત્તીસગઢ, મધ્યપ્રદેશના બાકીના ભાગો, પૂર્વ રાજસ્થાન, હરિયાણા, પંજાબ, ઉત્તરાખંડ અને જમ્મુ અને કાશ્મીરના કેટલાક ભાગોમાં હળવાથી મધ્યમ વરસાદ થયો હતો.ઉપ-હિમાલયન પશ્ચિમ બંગાળ, સિક્કિમ, આંતરિક કર્ણાટક, તમિલનાડુ અને દિલ્હી અને પૂર્વ ઉત્તર પ્રદેશમાં એક કે બે સ્થળોએ હળવો વરસાદ થયો.આગામી 24 કલાક દરમિયાન હવામાનની ગતિવિધિની શક્યતાઆગામી 24 કલાક દરમિયાન દક્ષિણ મધ્યપ્રદેશ, વિદર્ભના કેટલાક ભાગો, ઉત્તર મધ્ય મહારાષ્ટ્ર, કોંકણ અને ગોવા અને દક્ષિણ ગુજરાતમાં મધ્યમથી ભારે વરસાદની શક્યતા છે.ગુજરાતના બાકીના ભાગો, કોસ્ટલ કર્ણાટક, કેરળ, આંદામાન અને નિકોબાર ટાપુઓ, ઓડિશાના ભાગો, તેલંગાણા, છત્તીસગઢ અને દક્ષિણપૂર્વ રાજસ્થાન, ઉત્તરાખંડ અને હિમાચલ પ્રદેશમાં છૂટાછવાયા સ્થળોએ હળવાથી મધ્યમ વરસાદની શક્યતા છે. 1-2 જગ્યાએ ભારે વરસાદ સાથે હળવાથી મધ્યમ વરસાદની શક્યતા છે.સિક્કિમ, જમ્મુ અને કાશ્મીર, પૂર્વોત્તર ભારત, ઉપ-હિમાલયન પશ્ચિમ બંગાળ, ઓડિશા, ઉત્તર છત્તીસગઢ, દક્ષિણ ઝારખંડ, આંતરિક કર્ણાટક, તેલંગાણાના બાકીના ભાગો અને દરિયાકાંઠાના આંધ્ર પ્રદેશમાં હળવાથી મધ્યમ વરસાદની શક્યતા છે.ઉત્તર પ્રદેશ, ઉત્તર પંજાબ, ઉત્તર હરિયાણા, તમિલનાડુ, લક્ષદ્વીપ અને રાયલસીમાની તળેટીમાં હળવો વરસાદ શક્ય છે.
Rupee weakens by 19 paise against dollarToday evening, the rupee closed at Rs 79.44 with a weakness of 19 paise against the dollar.Sensex closed after falling 87 pointsToday the stock market closed with a fall.Today, where the Sensex fell by about 86.61 points, closed at the level of 54395.23 points.On the other hand, Nifty closed at 16216.00 with a fall of 4.60 points.
America's textile and apparel imports increased by 31.59 percent in 5 monthsImports of textiles and apparel in the US are increasing rapidly. There has been an increase of 31.59 percent in the last 5 months i.e. between January and May. In May 2021, it was a turnover of $41.688 billion, while in May 2022, it has increased to $54.859 billion. China is leading the way with 27.01 percent of the largest share of suppliers in this increase in imports. It is followed by Vietnam with 13.74 percent.In 2020 the situation was oppositeAccording to the Shippers Report released by the US Department of Commerce, non-apparel imports were valued at $13.920 billion between January and May 2022, while apparel imports were valued at $40.939 billion. For information, let us tell you that in 2020 there was a rapid decrease in the import of textiles and apparels of America due to Kovid.Decrease in imports from TurkeyAmong the top 10 US suppliers segment-wise, Indonesia and Bangladesh grew by 59.75 and 59.06 percent year-on-year respectively. While imports from Pakistan have increased at the rate of 56.49 percent and from India at 55.06 percent. Apart from this, there has been an increase in imports from Honduras, Cambodia, Vietnam, Italy. On the other hand, imports from Turkey have decreased by 9.38 percent.
Sensex collapses as soon as it opens, registers a fall of 233 points Today the stock market opened with a fall. Today the BSE Sensex fell by 233.24 points and opened at the level of 54248.60 points. On the other hand, the Nifty of NSE opened with a decline of 74.70 points at the level of 16145.90.Rupee depreciates against dollar, breaks 1 paise1. Rupee opened with weakness today against the dollar in the foreign exchange market. Today the rupee opened with a weakness of 1 paise at Rs 79.26 against the dollar. At the same time, on Friday, the rupee closed at Rs 79.25 with a weakness of 6 paise against the dollar.
All India Weather Forecast for July 11, 2022Countrywide weather systemsA Low Pressure Area is persisting over South Interior Odisha and adjoining areas. The associated cyclonic circulation extends up to 7.6 km above mean sea level and is moving towards southwest with elevation.The Monsoon Trough is now passing through the center of a low pressure area over Bikaner, Kota, Sagar, Raipur, South Interior Odisha and then moving towards South East Central Bay of Bengal.The Offshore Trough at Mean Sea Level is extending from Gujarat Coast to Karnataka Coast.The East West Shear Zone operates in north peninsular India with an altitude between 3.1 and 5.8 km above sea level with a southward tilt with a latitude of about 20 degrees.Weather movement across the country during the last 24 hoursDuring the last 24 hours, light to moderate rain at isolated places occurred over Himachal Pradesh, Uttarakhand, North Punjab, South Madhya Pradesh, Vidarbha, Telangana, Madhya Maharashtra, parts of Gujarat, Coastal Karnataka, Kerala and Gangetic West. Light to moderate rain with one or two heavy spells occurred over Bengal, Assam and Rajasthan, Andaman and Nicobar Islands.Light to moderate rain occurred over remaining parts of Gujarat, parts of Haryana, Konkan and Goa, Lakshadweep, North Interior Karnataka, Andhra Pradesh, Chhattisgarh, Odisha and parts of Jharkhand.Light rain occurred over South India Karnataka, Tamil Nadu, South-East Rajasthan, North Madhya Pradesh, North-East India and foothills of East Bihar, Uttar Pradesh and one or two places over Jammu and Kashmir.Weather activity likely during next 24 hoursDuring the next 24 hours, light to moderate rain with isolated heavy falls is likely over South and Central Madhya Pradesh, parts of Chhattisgarh, North Telangana, Konkan and Goa, Coastal Karnataka, Andaman and Nicobar Islands and Haryana, Light to moderate rain with one or two heavy spells is possible over Himachal Pradesh, Uttarakhand and Jammu & Kashmir, Kerala, Marathwada, Southeast Rajasthan.Light to moderate rain in some parts of Punjab, remaining parts of Rajasthan, Delhi, West Uttar Pradesh, remaining parts of Madhya Pradesh, Madhya Maharashtra, Odisha, Jharkhand, North Chhattisgarh, Andhra Pradesh, Interior Karnataka, Lakshadweep, Gilgit Baltistan, Muzaffarabad, possible.Light rain may occur at one or two places over Ladakh, Sikkim, Sub-Himalayan West Bengal, Northeast India and Gangetic West Bengal and foothills of Uttar Pradesh and parts of Bihar.
Country needs good yielding varieties of cotton: Niranjan ReddyTelangana Agriculture Minister S Niranjan Reddy was on a visit to the US along with his fellow ministers. During this Thursday, he discussed cotton farming and farmers in the city of Memphis with Richard Kelly and Broad Williams. He said that India now needs cotton varieties that give good yield. He also highlighted the need for suitable machinery for small land parcel farming.The minister said that scientists should research the needs of Indian agricultural conditions. Cultivable land in America is much larger than in India. He said that suitable mechanization for small holdings would benefit Indian farmers.He said that there is a need to reduce investment and increase crop production to meet international competitionReddy said that mechanized agriculture in the US allows for 30,000 plants per acre (higher density. Cultivation reduces pest problems. Cotton is grown on 1,000-5,000 acre fields in the US. With a capacity of 70,000 tons of cotton Machines are available. 52-70 hectares of cultivated cotton can be harvested in a single day. It uses about 500 gallons of diesel and costs farmers 1US$."Tennessee has been known for cultivation of cotton as a staple crop for the last 200 years. Cotton cultivation has been revolutionized in the state. Cotton cultivation in the state is about 5.5-6.5 lakh acres, which is worth billions annually. Creates lumps.Reply to Union Minister Piyush Goyal's suggestions to states on fixingElectricity meter for agricultural connection and increase of paddy cultivation,The Minister said that the Center should take a strict stand on installation of electricity metersAgriculture Connection.
U.S. EXPORT SALES FOR WEEK ENDING 30/06/2022 Cotton: Net sales of 37,400 RB for 2021/2022 were down 22 percent from the previous week and 57 percent from the prior 4-week average. Increases primarily for Turkey (14,700 RB, including decreases of 15,100 RB), Vietnam (13,200 RB, including 2,200 RB switched from South Korea and 400 RB switched from Japan), China (10,000 RB, including 100 RB switched from India), Peru (2,600 RB), and Taiwan (1,300 RB), were offset by reductions primarily for Thailand (2,500 RB), South Korea (2,200 RB), and India (1,300 RB). Net sales of 381,900 RB for 2022/2023 were primarily for Pakistan (98,700 RB), Turkey (95,500 RB), Bangladesh (66,100 RB), Vietnam (47,900 RB), and China (22,000 RB). Exports of 377,800 RB were up 4 percent from the previous week and 7 percent from the prior 4-week average. The destinations were primarily to China (106,900 RB), Vietnam (58,800 RB), Turkey (51,500 RB), Pakistan (45,200 RB), and India (23,800 RB). Net sales of Pima totaling 900 RB for 2021/2022 were up 19 percent from the previous week and 9 percent from the prior 4-week average. Increases were primarily for Thailand (600 RB), Italy (200 RB), and Malaysia (100 RB). Net sales of 5,500 RB for 2022/2023 were reported for Turkey (3,300 RB), India (1,300 RB), and Germany (900 RB). Exports of 10,500 RB were up 64 percent from the previous week and 41 percent from the prior 4-week average. The destinations were primarily to China (3,900 RB), Vietnam (1,900 RB), Thailand (1,700 RB), India (1,500 RB), and Ethiopia (500 RB). Optional Origin Sales: For 2021/2022, options were exercised to export 2,100 RB to Vietnam from the United States. The current outstanding balance of 12,700 RB is for Vietnam (10,200 RB) and Pakistan (2,500 RB). Export for Own Account: For 2021/2022, new exports for own account totaling 16,600 RB were to Vietnam (10,900 RB) and China (5,700 RB). Exports for own account totaling 5,200 RB primarily to Vietnam (4,000 RB) were applied to new or outstanding sales. The current exports for own account outstanding balance of 50,100 RB is for China (31,400 RB), Vietnam (13,900 RB), and Indonesia (4,800 RB).
India backward in sowing of Kharif cropIndia has lagged behind in sowing of Kharif crops for the year 2022 as compared to last year. In fact, according to the data released by the Ministry of Agriculture and Farmers Welfare, summer crops were planted in 40.67 million hectares till July 8, 2022. Which is 9.3 percent less than a year ago. Experts believe that due to unequal distribution of rains, farmers have lagged behind in planting major Kharif crops like rice, maize, soybean. However, good rains are expected in the next week and farmers have chances to recover the sown crops.Summer sown crops are sown in the monsoon months of June and July, while harvesting begins in October. The ministry said that about 7.2 million hectares were planted with rice, which is significantly less than the 9.5 million hectares last year. If there is not enough rain in these areas in the next few days, there may be a decline in the area and yield.India has received normal rainfall since the start of the monsoon season on June 1, but major rice-growing regions have received 46 per cent less rainfall. In July, the most important month for planting summer crops, India is likely to receive monsoon rains between 94% and 106% of the long-period average, the Meteorological Department said last week. The dealer said sowing has picked up pace in the southern and central states in the last few days following good rains in the region.With India being the world's largest exporter of rice, and accounting for over 40% of global rice trade, a reduction in production could force New Delhi to curb rice exports. Soybean was planted in about 54 lakh hectares, which is 22 percent less than a year ago. Corn was planted on 3.18 million hectares, and was down 24%. Sowing of sugarcane and cotton remained almost unchanged in 5.3 million hectares and 8.5 million hectares respectively.
Brazil's apparel and textile exports from Egypt increased by 138 percent in 4 yearsBrazil and Egypt are actively engaged countries to promote bilateral trade. In 2017, Egypt signed a free trade agreement (FTA) with Argentina, Brazil, Paraguay and Uruguay. Since then exports between Egypt and Brazil have seen a three-fold increase. Talking about exports in the Apparel and Textile Industry itself, Brazil's exports from Egypt have grown by 138 percent in the last 4 years.The FTA also encouraged the export of Egyptian apparel and home textile products to Brazil. Egyptian apparel exports to Brazil were just $0.944 million in 2017, rising to $2.281 million in 2020 and $2.249 million in 2021. Following the implementation of the FTA, Egypt's exports to Brazil increased from $155 million in 2017 to $541 million in 2021, as the agreement provided access to a number of strategic goods at competitive prices.Egypt is actively engaged with Brazil to promote bilateral trade in various sectors including textiles. The Free Trade Agreement (FTA) between Egypt and the MERCOSUR countries (Argentina, Brazil, Paraguay and Uruguay), which came into force in 2017, plays an important role in promoting trade between Egypt and Brazil. Exports have jumped 3 times since FTA.In textiles, Egypt's exports to Brazil stood at $1.158 million in 2017, rising to $3.507 million in 2020 and $9.223 million in 2021, according to Texpro.
IMD forecast heavy to very heavy rain in many states till July 13, alert issued - View Latest ForecastStates like Himachal Pradesh, Uttarakhand, Odisha, Chhattisgarh, Madhya Pradesh, Maharashtra, Gujarat, Kerala, Coastal Andhra Pradesh, Telangana and Karnataka are predicting heavy rains during this week. It has been raining continuously for the last four days in Maharashtra.The India Meteorological Department (IMD) on Friday predicted heavy to very heavy rainfall in many states during the next five days. It also said that a cyclonic circulation is extending up to upper troposphere level over South Jharkhand and adjoining areas. Under its influence, a low pressure area is likely to form over the same area during the next 24 hours.Here's the detailed rain forecast till July 13States like Himachal Pradesh, Uttarakhand, Odisha, Chhattisgarh, Madhya Pradesh, Maharashtra, Gujarat, Kerala, Coastal Andhra Pradesh, Telangana and Karnataka are predicting heavy rains during this week. It has been raining incessantly in Maharashtra for the last four days and the Met Office has issued a red alert for Mumbai for the next 24 hours.For Gujarat, the Met Office has predicted very heavy rainfall till 11th July, while Madhya Maharashtra is likely to receive rain on 10th and 11th; Coastal Karnataka on the 9th; Coastal Andhra Pradesh on 8th and 11th; Telangana on 8 and 11; South Interior Karnataka on 8th; West Madhya Pradesh on 8 and 10; East Madhya Pradesh on 11th; and Chhattisgarh on July 11.The IMD has predicted heavy to very heavy rainfall in Himachal Pradesh and Uttarakhand on July 8 and 9. There is a possibility of extremely heavy rainfall in Uttarakhand on Saturday (July 9). SK Sharma, senior scientist at IMD in Shimla, said on Friday that his office has issued an orange alert for Kangra, Mandi, Sirmaur and Solan districts for July 8 and 9. He said that heavy rain warning has been issued for Shimla, Bilaspur, Hamirpur and Una. Districts He said that the rain activity would continue for the next 4-5 days.The Meteorological Department has forecast scattered rain and thundershower activity during the week over East Uttar Pradesh and West Uttar Pradesh, Punjab, Haryana, Chandigarh, Delhi and Rajasthan on Friday (July 8). Rain is likely to increase in these areas for two days from Saturday.Isolated heavy rain is likely over Punjab, Haryana, Chandigarh on 8th and 10th, West Uttar Pradesh on 8th-10th, Rajasthan on 8th and 10th July. Heavy to very heavy rainfall is also likely over North Punjab and North Haryana, Chandigarh and North Punjab. South Rajasthan on July 9, 2022," the IMD said in its daily update.In addition to this, extremely heavy rainfall is likely over South Odisha and South Chhattisgarh and North Coastal Andhra Pradesh during July 12-13 due to a low pressure area likely to form over Odisha coast during the same period, IMD said.
Rupee weakens by 8 paise against dollarToday evening, the rupee closed at Rs 79.25 with a loss of 8 paise against the dollar.Sensex rises, closes by 303 pointsToday the stock market closed sharply.Today, where the Sensex rose by about 303.38 points, closed at the level of 54481.84 points.On the other hand, Nifty closed at the level of 16220.60 with a gain of 87.70 points.
ALL INDIA COTTON SOWING AS ON 08.07.2022
Rupee depreciates against dollar, breaks 6 paiseRupee opened with weakness today against the dollar in the foreign exchange market. Today the rupee opened with a weakness of 6 paise at Rs 79.24 against the dollar. At the same time, the rupee on Thursday closed at Rs 79.17 with a gain of 13 paise against the dollar.Sensex rises further, opens up 332 pointsToday the stock market opened with great momentum. Today the BSE Sensex opened with a gain of 331.51 points at the level of 54509.97 points. On the other hand, the Nifty of NSE opened with a gain of 97.20 points at the level of 16230.10 points.
All India Weather Forecast for July 08, 2022Weather systems made across the countryThe Low Pressure Area is over Northeast Arabian Sea and adjoining South Pakistan. The associated cyclonic circulation extends up to 5.8 km above mean sea level and is moving towards southwest with elevation.The axis of Monsoon trough is passing through a low pressure area over South Pakistan and Northeast Arabian Sea, moving towards Deesa, Bhopal, Ambikapur, Jharsuguda, Puri and then southeastwards towards Bengal.An Offshore Trough is extending from Gujarat Coast to Karnataka Coast.A Cyclonic Circulation has formed over North Odisha and adjoining Chhattisgarh.The East West Share John is approximately 20 degrees north with latitude running between 3.1 and 5.8 km above sea level.Weather movement across the country during the last 24 hoursDuring the last 24 hours, moderate to heavy rains occurred over South Gujarat and Konkan and Goa.Light to moderate rain with isolated heavy rain occurred over Coastal Karnataka, Saurashtra and Kutch and South Madhya Pradesh. And in Telangana, light to moderate rain accompanied by heavy rain occurred at one or two places.Mizoram, Tripura, Andaman and Nicobar Islands, Lakshadweep, Coastal Tamil Nadu, Chhattisgarh, parts of Jharkhand, Gangetic West Bengal, remaining parts of Madhya Pradesh, remaining parts of Gujarat, East Rajasthan, Uttarakhand and Himachal Pradesh, North-West Uttar Pradesh It rained light to moderate.Western parts of Rajasthan, parts of Haryana, isolated parts of Punjab, southwest Uttar Pradesh, parts of Bihar, sub-Himalayan West Bengal, Sikkim, rest of Northeast India, interior Tamil Nadu, interior Karnataka and coastal Andhra Pradesh It rained lightly.Weather activity likely during next 24 hoursDuring the next 24 hours, moderate to heavy rains are possible over North Konkan and Goa and South Gujarat.Light to moderate rain with isolated heavy falls very likely over Odisha, Chhattisgarh, Telangana, Interior Maharashtra, South Madhya Pradesh, remaining parts of Gujarat, South Rajasthan, foothills of Uttarakhand, Himachal Pradesh and Coastal Karnataka.Light to moderate rain at isolated places over Kerala, Lakshadweep, Andaman & Nicobar Islands, North Interior Karnataka, Jammu Kashmir, North Punjab, North Haryana, remaining parts of Chhattisgarh and Sikkim.Light rain is possible at one or two places over Gangetic West Bengal, Northeast India, West Bengal, parts of Jharkhand, South India Karnataka, Coastal Andhra Pradesh, Rayalaseema, Tamil Nadu, Western parts of Rajasthan and Northwest Uttar Pradesh.
Golden is the future of the textile industry Discussion with Kiran Bhandari, owner of Aurangabad's ginning factoryAccording to one information, the garment industry is such an industry that directly and indirectly provides employment to 27 percent of the population in the country. It is clear from this that the future of this industry is very bright. Farmers from all over the country have been attracted towards cotton cultivation this year due to the price of cotton that the farmers got last year. Talking about Aurangabad itself, this time around 25 percent cotton sleeping has increased here. Some ginners have also made good profits, although the profit making ginners remain only 10 to 15 per cent as most of the giners are unable to stock the goods due to rising prices. This information was given by Jinar Kiran Bhandari of Osmanpura, Aurangabad.Due to low demand, the price decreasedIn a special conversation with SIS, Kiranji told that there are many farmers in our area who are doing cotton cultivation this time except soybean and sugarcane. Farmers are confident that this year also they will get good profits from cotton. However, looking at the current scenario, it is being estimated that this time the price of cotton in our area should remain around Rs 7500 or so. A major reason for the fall in prices is the fall in consumption and demand.Proper chain system between seller and buyerBeing a Xiner, he told that the biggest problem for the Xiner is the lack of a proper business channel between the buyer and the seller. Gener, whether small or big, takes the help of a broker to sell his goods. In such a situation, when the price of cotton bales is high, then all the goods are sold, but when the prices are low, the mills return the goods many times. In such a situation, a Xiner has to bear a big loss and in this whole process he is dependent only on the broker.Industry will benefit ifGovernment should cancel RCM.There should be a proper channel between buyer and seller.Labor cost should be a little cheaper.
CRupee 13 paise stronger against dollarRupee closed at Rs 79.18 with a gain of 13 paise against the dollar this evening.Sensex rises 427 points todayToday the stock market closed sharply.Today, where the Sensex rose by about 427.49 points, closed at the level of 54178.46 points.On the other hand, Nifty closed at the level of 16132.90 points with a gain of 143.10 points.
Rupee opens 23 paise stronger against dollarRupee opened with strength today against the dollar in the foreign exchange market. Today the rupee opened with a strength of 23 paise at Rs 79.07 against the dollar. At the same time, on Wednesday, the rupee strengthened by 7 paise to close at Rs 79.30 against the dollar.Sensex rises by 453 pointsToday the stock market opened with great momentum. Today the BSE Sensex rose by about 453.18 points to open at the level of 54204.15 points. On the other hand, NSE's Nifty rose by 136.70 points to open at the level of 16126.50.
| title | Created At | Action |
|---|---|---|
| Next 5 years will prove to be a golden year for the giners of Gujarat | 12-07-2022 16:33:18 | view |
| Rupee weakens by 16 paise against dollar | 12-07-2022 16:23:19 | view |
| Sensex collapses as soon as it opens, registers a fall of 295 points | 12-07-2022 10:15:58 | view |
| All India Weather Forecast for July 12, 2022 | 12-07-2022 09:59:16 | view |
| Rupee weakens by 19 paise against dollar/Sensex closed after falling 87 points | 11-07-2022 16:34:40 | view |
| America's textile and apparel imports increased by 31.59 percent in 5 months | 11-07-2022 15:38:46 | view |
| Sensex collapses as soon as it opens, registers a fall of 233 points | 11-07-2022 10:20:02 | view |
| All India Weather Forecast for July 11, 2022 | 11-07-2022 08:26:36 | view |
| Country needs good yielding varieties of cotton: Niranjan Reddy | 09-07-2022 12:43:22 | view |
| U.S. EXPORT SALES FOR WEEK ENDING 30/06/2022 | 08-07-2022 18:10:09 | view |
| India backward in sowing of Kharif crop | 08-07-2022 17:33:41 | view |
| Brazil's apparel and textile exports from Egypt increased by 138 percent in 4 years | 08-07-2022 16:37:05 | view |
| IMD forecast heavy to very heavy rain in many states till July 13, alert issued - View Latest Forecast | 08-07-2022 16:19:20 | view |
| Rupee weakens by 8 paise against dollar/Sensex rises, closes by 303 points | 08-07-2022 16:05:26 | view |
| ALL INDIA COTTON SOWING AS ON 08.07.2022 | 08-07-2022 11:36:44 | view |
| Rupee depreciates against dollar, breaks 6 paise | 08-07-2022 10:13:57 | view |
| All India Weather Forecast for July 08, 2022 | 08-07-2022 08:52:47 | view |
| Golden is the future of the textile industry | 07-07-2022 16:25:45 | view |
| Rupee 13 paise stronger against dollar/Sensex rises 427 points today | 07-07-2022 16:25:27 | view |
| Rupee opens 23 paise stronger against dollar | 07-07-2022 10:14:48 | view |
