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The Indian rupee on thursday lower 18 paise to close at 86.07 per dollar, while it opened at 85.89 in the morning.At close, the Sensex was down 375.24 points or 0.45 percent at 82,259.24, and the Nifty was down 100.60 points or 0.40 percent at 25,111.45. About 1931 shares advanced, 1942 shares declined, and 152 shares unchanged.read more :- Trump gives positive signal on tariff issue

Industry optimistic as Trump hints at tariff relief for IndiaEven as US-India trade talks are heating up ahead of the August 1 deadline and a lot is at stake, US President Donald Trump on Tuesday said India is working on a trade deal on the same lines as the one he recently struck with Indonesia."India is basically working on the same lines," Trump said while speaking to reporters in Washington on Tuesday, hinting at the possibility that India could be given similar trade terms as Indonesia.According to Donald Trump, under the new deal with Jakarta, Indonesia will face a 19 per cent tariff on imports to the US, but there will be no tariff on exports from the US to Indonesia.And as news of this announcement spreads in the industry, it highlights what such a deal could mean for India's key export sectors, especially the apparel industry, which considers the United States as its key apparel export destination.“President Trump has hinted at a potential India-US trade deal on the lines of the recent Indonesia deal (where a 19 per cent tariff is applicable on exports), which could ultimately give Indian exporters a more level playing field in the lucrative US apparel market,” underlined Kishan Daga, founder of consulting services provider Concepts N Strategies, speaking to Fibre2Fashion. He also added that a tariff reduction to below 20 per cent could open “more doors” for Indian exporters, especially in the athleisure and MMF-heavy segments where India is ramping up production.Daga claimed that such a change would also support India's vision of becoming a reliable global supplier in technical textiles and functional apparel, while Sabhari Girish, chief sustainability officer, Sulochana Cotton Spinning Mills (Tirupur), on his part said: "If we have to pay a 19 per cent tariff like Indonesia, it is undoubtedly a very positive development; and it also indicates how hard we negotiated the tariff to maintain our competitiveness."Meanwhile, N Thirukkumaran, chairman of Tiruppur-based Essti Exports India Pvt Ltd, said, "India will definitely have a competitive advantage over many of its competitors. However, there will be a caveat to this—the new tariff will be in addition to the existing duties that Indian apparel exporters are already paying on shipments to the US, which may reduce the overall profit to some extent even if the new tariff rate is set at 19 per cent."However, he remained optimistic and said that India could negotiate hard to reduce tariffs below 19 per cent in the interim agreement—a move that, if successful, could be a game-changer for the industry.It is worth mentioning here that with discussions focused on expanding market access and negotiating tariff reductions on goods worth an estimated $150 billion to $200 billion in bilateral trade, it is clear that both countries see the potential to gain even more economic value. This sentiment has also been echoed in several recent media reports that India and the US aim to increase bilateral trade to $500 billion by 2030. This figure would be a significant leap and a transformational moment in their strategic and economic partnership.But this optimistic estimate hinges on the successful conclusion of an equitable and mutually beneficial trade agreement.The mini-trade deal was initiated when Trump first announced his intention to impose additional tariffs on several countries with which the US has a trade deficit. India was prominently included in this list as it has a huge export surplus compared to the US. India exports goods worth around $77 billion to the US annually while imports are only around $42 billion. Thus, this trade surplus has long been a bone of contention for the Trump administration. The Trump administration has repeatedly demanded more equitable terms of trade and better access for US goods and services to the Indian market.If one recalls, in February, Prime Minister Narendra Modi and President Trump had announced during Modi's two-day visit to the US that the 'first tranche' of a major bilateral trade deal would be announced by the autumn of 2025. This had raised hopes in both countries that years of stalled negotiations, misunderstandings and tariff disputes would finally start yielding concrete results.Now, while we await the formal signing and announcement of the deal, which will determine how much tariff India will pay on its exports to the US, there is excitement in the Indian apparel industry in anticipation of a 19 per cent tariff, which is expected to give Indian apparel exporters an edge in the crucial US market.read more:- RMG exports in Tirupur rise against national trends

Tiruppur’s RMG Exports Rise 12% in Q1 FY26, Defying National TrendTIRUPPUR: Tiruppur, widely known as India’s Knitwear Capital, recorded a strong 11.7% growth in ready-made garment (RMG) exports during the first quarter of FY2025-26, reaching ₹12,193 crore.According to official data, the city’s RMG exports grew from ₹10,919 crore in the April–June quarter of the previous fiscal (FY2024-25) to ₹12,193 crore this year, underlining its resilience and growing global demand.This performance stands out against the broader backdrop of India’s textile exports, which declined by 0.94% during the same period. However, apparel exports nationally posted an 8.91% increase, contributing to an overall 3.37% growth in combined textile and apparel exports, as per figures released by the Confederation of Indian Textile Industry (CITI).A. Sakthivel, Vice-Chairman of the Apparel Export Promotion Council (AEPC), welcomed Tiruppur’s performance, calling it a reflection of the sector’s steady recovery and robust momentum.“This is a strong indicator of consistent performance despite global economic uncertainties and fluctuating demand,” he said. “Such growth reaffirms India’s competitiveness in the global apparel market.”He added that sustained efforts in policy advocacy, market intelligence, and capacity building will further support Tiruppur’s export growth in the coming quarters.read more:- Akola is leading in cotton production in the country

Akola gets national recognition for cotton productionAkola : 577 districts across the country had nominated for this award. However, Akola is the only district in Maharashtra to win the award in the non-agricultural sector.Maharashtra has won a gold medal in 'A' category in 'One District, One Product - 2024'..while Akola's cotton products have received national recognition. Akola has received a national award for its cotton processing industry. Let's see this special news about 'white gold' from Akola...Maharashtra has done brilliantly under 'One District One Product 2024'. Under this initiative, the state has received 'A' category gold medals. Akola district has been given the National Award by the Central Government for the development of cotton processing industry. Ratnagiri, Nagpur, Amravati, Nashik and Akola districts of Maharashtra have won gold, silver, bronze and special notable awards for their special products in the agricultural and non-agricultural sectors.The awards were presented at the National Awards Ceremony at Bharat Mandapam in New Delhi in the presence of Union Minister for Commerce and Industry Piyush Goyal. Maharashtra has established its dominance at the national level with the innovation, high quality and distinctive quality of its products. Akola district has received a special notable award for ginning and processing. Akola has about 100 ginning and pressing and 4 spinning mills. Akola has received this award due to its progress and industrial development in the field of cotton production and processing. 577 districts across the country had nominated for this award. However, Akola is the only district in Maharashtra to win the award in the non-agricultural sector. The District Industry Center established a collective service center under the Maharashtra State Industrial Cluster Development Scheme at Borgaon Manju in Akola district and through this, cotton processing industries were provided capital under the Prime Minister's Employment Generation Program and the Chief Minister's Employment Generation Program. Due to this, a 'Sangha Cluster' has been formed in the Borgaon Manju area and it has 103 members. Due to this distinction received by Akola, this only industry that operates from cotton to textile manufacturing will also have export opportunities in the future. Akola district has received a special award for ginning and pressing from the Central Government, which has given national recognition to its cotton products. This will definitely benefit the farmers and local entrepreneurs here.read more:- Chouhan questions Bt cotton efficiency as India’s cotton production dips

Chouhan Questions Bt Cotton as Output FallsAgriculture Minister Shivraj Singh Chouhan on Wednesday questioned the efficacy of Bt cotton, as despite its adoption, the production of the fibre crop has declined due to a slew of issues, including the pink bollworm attack. He also asked the Indian Council of Agricultural Research (ICAR) to introspect why the country’s cotton production has dropped despite the release of several varieties.Speaking at the Foundation Day event of ICAR, Chouhan raised several concerns that farmers have been raising before him and asked officials to address those issues. His views are on the heels of his comments at a Productive Meeting on cotton in Coimbatore on July 11.At the meeting, Chouhan acknowledged the challenges in cotton production in India as India’s productivity lagged compared to other countries. The Bt cotton variety, once developed to increase yields, is now facing a threat from diseases, resulting in declining productivity, he said, adding that the country must take every possible step — just like other nations — to improve cotton productivity using modern technologies and by developing virus-resistant, high-yielding seeds.Taking strong exception to the practice of tagging other products with fertilisers, the minister asked secretary to start a helpline where farmers can directly complain and action can be taken against the retailers. Tagging of nano fertilisers with subsidised urea and DAP has become a common practice in the last few years with little action from the Fertiliser Ministry, except sending letters to States and companies to check the practice. The matter also had reached the Competition Commission.10-point agendaThe Minister asked officials to review and examine if there can be a price control on bio-stimulants, as farmers feel they are getting cheated with very high rates and a promise of a huge jump in yield, without any credible verification of the products.He asked scientists to do research on farm machineries which could be suitable for small land holdings as the country has fragmented land.Speaking at the event, ICAR’s director-general M L Jat outlined 10-point agenda for the future where it would re-orient itself.ICAR would convert vision documents, prepared by its over 100 research institutes, into action this year and also create synergy among all the institutes. Research areas will be prioritised and target oriented while making it demand-driven with state-wide action plan as outlined by the minister, said Jat.Protection, the keyFurther, he said that ICAR will have a special focus on oilseeds and pulses research, where there is a lot need to be done since the country is import dependent. He said protecting the soil is a key issue and as such ICAR will make a National Soil and Resilience Action Plan as well as one National Climate Action Plan. The ICAR will set up a Nodal Centre of Excellence in Technology and Knowledge for the better performance of Krishi Vigyan Kendras (KVKs).Jat said market and value chain research is another area which needs to be promoted because there are many issues related to it.In an innovative plan, he said, ICAR Global has been conceived as it is already working with many international fora like G20. He said ICAR has capacity and ability to make a global foray through it. He also favoured ICAR to work more closely with private companies assessing their CSR funds.On the occasion, the Minister distributed Utkrishta Karm Nishpaka Puraskar by the National Agricultural Science Research Institute to scientists for their outstanding contribution. Awards were distributed in various categories including outstanding woman scientist, young scientist, innovation scientist. The recipients include assistant directors general (ADGs) S K Pradhan and P K Dash, and Director of Ludhiana-based Indian Institute of Maize Research H S Jaat.read more :-Rupee Opens 05 Paise higher at 85.89        

Indian rupee opens 05 paise higher at 85.89 against US dollarIndian rupee opened marginally higher at 85.89 per dollar on Thursday versus Wednesday's close of 85.94.read more :- Textile exports grew 3.37% to $9 billion in April-June 2025

India’s textiles and apparel exports grew 3.37% to $9 billion in April-June 2025India’s textiles and apparel (T&A) exports grew 3.37 percent to $9.082 billion during the first quarter of the current financial year 2025-26 (FY26). Out of the total exports, apparel exports grew 8.91 percent to $4.192 billion, while textile exports declined 0.94 percent to $4.889 billion in April-June 2025. This trend continued in June 2025 as well, where apparel and textile exports showed similar trends.According to an analysis by the Confederation of Indian Textile Industry (CITI), India’s T&A exports grew 3.37 percent to $8.785 billion during the first three months of the previous fiscal year 2024-25. Apparel exports grew 8.91 per cent to $4.936 billion from $3.849 billion during the same period, while textile exports declined marginally from $4.936 billion.In June 2025, apparel exports grew 1.23 per cent to $1.309 billion from $1.293 billion in June 2024, while textile exports declined 2.07 per cent to $1.591 billion from $1.625 billion.According to the latest trade data released by the Ministry of Commerce and Industry, the share of T&A in India's total merchandise exports rose to 8.10 per cent during April-June 2025 but declined to 8.26 per cent in June 2025.In the textiles sector, exports of cotton yarn, fabrics, made-ups and handloom products declined by 1.94 per cent to $2.860 billion in the first three months of FY26. Exports of man-made yarn, fabrics and made-ups rose marginally by 0.11 per cent to $1,166.68 million, while carpet exports grew by 2.06 per cent to $370.85 million.In June 2025, exports of cotton yarn, fabrics, made-ups and handloom products declined by 3.07 per cent to $930.30 million, while exports of man-made yarn, fabrics and made-ups fell by 2.56 per cent to $373.41 million. Carpet exports, however, rose by 2.04 per cent to $123.92 million.Imports of raw cotton and waste rose 72.96 per cent to $262.92 million during April-June 2025, as against $152.01 million in the same period of the previous fiscal. Imports of textile yarn, fabric and made-ups rose 11.28 per cent to $619.95 million from $557.10 million. In June 2025, imports of raw cotton and waste rose 5 per cent to $73.73 million from $70.22 million. However, imports of textile yarn, fabric and made-ups declined 1.43 per cent to $206.13 million.In FY 2025, the country's apparel exports grew 10.03 per cent to $15.989 billion, while textile exports rose 3.61 per cent to $20.617 billion. Imports of raw cotton and waste rose 103.67 per cent to $1.219 billion, and imports of textile yarn, fabric and made-ups rose 8.69 per cent to $2.476 billion.In FY24, India's T&A exports stood at $34.430 billion, down 3.24 per cent from $35.581 billion in FY23. Imports of raw cotton and waste stood at $598.63 million in FY24, down 58.39 per cent from $1.439 billion in FY23. Imports of textile yarn, fabric and made-ups also declined 12.98 per cent to $2.277 billion.read more:- INR Gains 05 Paise, Closes at 85.94 per Dollar

The Indian rupee on wednesday higher 05 paise to close at 85.94 per dollar, while it opened at 85.99 in the morning.At close, the Sensex was up 63.57 points or 0.08 percent at 82,634.48, and the Nifty was up 16.25 points or 0.06 percent at 25,212.05. About 2234 shares advanced, 1658 shares declined, and 150 shares unchanged.read more :- Global cotton production, stocks and consumption growth for 2025-26: WASDE

Cotton production, stock and consumption increased in 2025-26: WASDEThe July 2025 World Agricultural Supply and Demand Estimates (WASDE) report by the United States Department of Agriculture (USDA) estimates global cotton production for the 2025-26 marketing season at 118.42 million bales (each weighing 480 pounds or 208.65 kilograms). This is up from 116.99 million bales estimated in the June report.The 1.43 million bale increase is due to a 1 million bale increase in China's crop, a 600,000 bale increase in the US crop and a 100,000 bale increase in Mexico's crop, partly offset by a reduction in Pakistan and Egypt.However, estimates for cotton imports, exports and opening stocks have been lowered.Global consumption increased by 365,000 bales to 118.12 million bales, with increases in Pakistan and Mexico partially offset by decreases in Italy and Germany. Global exports decreased by 100,000 bales to 44.69 million bales. Opening stocks for 2025-26 decreased by 510,000 bales to 76.78 million bales, reflecting lower stock levels in the United States and China and minor adjustments elsewhere.Ending stocks for 2025-26 are estimated at 77.32 million bales, 520,000 bales higher than the previous estimate, as higher production offsets increased consumption and a decrease in opening stocks.The July 2025 WASDE report for 2025-26 for the United States also shows higher production and ending stocks, lower opening stocks, and unchanged consumption and import estimates compared to the June report.According to NASS’s June acreage report, planted area increased to 10.12 million acres. Harvested area increased 6 percent to 8.66 million acres, reflecting both more plantings and less abandonment in the Southwest, partially offset by more abandonment in the Southeast. The national average yield for 2025-26 decreased 1 percent to 809 pounds per harvested acre, as more acres of low-yielding dryland acreage are harvested, driven by a decrease in abandonment in the Southwest.Since the increase in harvested area is greater than the decrease in yield, the production forecast is up 600,000 bales compared to the June estimate to 14.60 million bales – up from 14.41 million bales last year.Beginning stocks for 2025-26 have been reduced by 300,000 bales following a corresponding proportionate increase in projected exports for 2024-25. These revisions result in projected ending stocks for 2025-26 of 4.60 million bales, up 300,000 bales from the previous month, i.e., a stocks-to-use ratio of 32.4 percent. The projected season-average upland price for 2025-26 remains unchanged at 62 cents per pound.read more :- Rajasthan : Cotton crisis Monsoon and pests increased the trouble

Rajasthan: Monsoon causes headaches in cotton crop, pests and diseases increase farmers' worriesAlwar : People have to face a lot of problems due to various types of seasonal diseases during monsoon and rains. In this way, even for the crops, the farmers are also troubled by the diseases that occur in the monsoon. In such a situation, the farmers face a lot of problems due to the diseases affecting the cotton crop. Farmers have sown cotton in Khairthal-Tijara district, which has been sown for about 40 to 45 days. In this case, when the weather changes, the possibility of many diseases in the crop increases.Amar Singh Jangid, a resident of Meerka Basai, a nearby village of Khairthal-Tijara district, said that during the monsoon or continuous rains, the risk of fungal, early blight, late blight and other diseases in crops increases. In such a way, no one is able to spray the crop in this rain.Whenever a farmer goes to see his field, he sees the leaves of the trees (plants) in the cotton crop from above, but if you turn the leaves and look from below, you see Aphids, Jassids and Whitefly, it is an indication that the crop is being attacked by pests. These pests can damage crop growth and yield. Farmers need to pay attention to this immediately.Farmers can protect their cotton crop from diseases like thisIf there is a risk of early blight in the farmers' crops after the rains, then the farmers will have to get pesticides from the authorized fertilizer and seed stores to prevent it. To avoid thrips, farmers use Imidacloprid insecticide, which controls sap-sucking insects like aphids, whiteflies, and jasids.There is danger from these diseases and pestsPink bollworm (Red Lat) outbreak in cotton crop increases in early harvest in the area, which is the biggest threat to cotton crop. The reason for this is that if there is sawdust in the field last year, it should not be cultivated in that field, which increases the germs. Agar Usi Khet mein buwai kar rahein, it is necessary to plow deeply. Farmers consider insecticides like Corazine, Kalex and Ampligo to be effective against Pink Bollworm (Red Lat), but farmers consider 'Corazine' as good. However, farmers say that the cost of corazine is higher than other pesticides, making small farmers reluctant to buy it.But Local 18 appeals to the farmers of the district, if any disease occurs in your crop, consult a specialist. If you use any medicine, use it first with the advice of the Agriculture Department or Agricultural Scientist.read more :- Rupee open Falls 18 Paise to 85.99/USD

 Rupee opens 18 paise down at 85.99 as dollar gains amid rise in US inflationThe currency opened at 85.99 against the US dollar after ending the previous session at 85.81.read more :-Giriraj Singh's Japan visit, meeting with textile industry heads