Recent News

Trump announces breakthrough trade deal with China; Beijing to supply ‘magnets, rare earths’US President Donald Trump on Wednesday announced that an agreement had been reached between Washington and Beijing following two days of intense trade negotiations. Central to the deal is China’s commitment to supply the United States with essential magnets and any necessary rare earth materials, a critical issue that had previously stalled talks in London.According to Donald Trump's statement US in return will permit Chinese students to continue their studies at American colleges and universities, a move welcomed by both sides. However, the agreement remains subject to final approval by President Trump and Chinese President Xi Jinping.“Our deal with China is done, subject to final approval with President Xi and me. Full magnets, and any necessary rare earths, will be supplied, up front, by China. Likewise, we will provide to China what was agreed to, including Chinese students using our colleges and universities (which has always been good with me!). We are getting a total of 55% tariffs, China is getting 10%. Relationship is excellent! Thank you for your attention to this matter!” Trump wrote on Truth Social.read more :- INR higher 01 Paise, Closes at 85.51 per Dollar

The Indian rupee on wednesday higher 01 paise to close at 85.51 per dollar, while it opened at 85.52 in the morning.At close, the Sensex was up 123.42 points or 0.15 percent at 82,515.14, and the Nifty was up 37.15 points or 0.15 percent at 25,141.40. About 2173 shares advanced, 1730 shares declined, and 120 shares unchanged.read more :-  Maharashtra: Cotton Cultivation Advance sowing Cultivation in Girna Kath Area

Early Cotton Sowing in Girna Kath, MaharashtraAdvance sowing cultivation on drip irrigation starts every year by the end of May in the villages of Girna Kath in Nandgaon taluka. This year it has already started. However, the area under cultivation is expected to decrease this year. Local farmers said that farmers are inclined towards maize crop as an alternative to cotton crop.Last year, farmers had to face difficulties due to water shortage. In such a situation, cotton cultivation was done on drip irrigation in this area. This year there has been pre-monsoon rain. Since the water storage is satisfactory, farmers have started cultivation. However, it is estimated that this area will be less than the average compared to every year.Cotton seeds were sold from May 16 this year. Accordingly, cultivation has started after the seeds became available. Cultivation is being done in Borale, Amod, Girna Dam area, Malgaon and surrounding villages of Nandgaon taluka. This is because the demand for maize is increasing and fodder and losses are less.Along with this, due to the shortage of laborers, the trend of farmers towards cotton crop is decreasing this year. Apart from this, due to damage to the cotton crop due to post-monsoon rains, farmers have given preference to alternative crops.Inclination towards maize cropFarmers in the eastern part of the district are showing inclination towards maize crop as compared to cotton cultivation. Due to getting less price than the minimum support price last year, farmers are not enthusiastic about farming. Therefore, cultivation is expected to be less this year.Cotton cultivation has increased this year as compared to last year. There is a demand for maize, but our family has increased the area, because the farmers of the area have reduced cotton cultivation.read more :-Telangana: Karimnagar cotton farmers await rains after sowing begins

Rain Delay Worries Karimnagar Cotton FarmersKarimnagar : Cotton farmers in the district are eagerly awaiting rains, having prepared their fields and, in some cases, even sowed seeds early based on the India Meteorological Department's forecast of an early arrival of the monsoon. Encouraged by consistent pre-season rains and high yields from last year's early sowing, many farmers had begun cultivating cotton much earlier.The Centre's announcement of a hike in the minimum support price (MSP) for cotton by Rs 489 this season further boosted their optimism, leading more farmers to opt for the crop.However, their hopes have been dashed as the weather has turned dry with no rains since the past week. The early-sown cotton seeds are at risk of wilting if there is no rain in the coming days.Many farmers are now pinning their hopes on the forecast of rains in the next four days.Meanwhile, agriculture department officials have warned farmers not to sow in the prevailing drought conditions. They have advised to delay cultivation till adequate rainfall is recorded.According to the agriculture department, out of the targeted 48000 acres for this Kharif season, cotton has been cultivated in about 28000 acres so far.read more :- Maharashtra: Shortage of cotton seeds and DAP fertilizer in Akola, 'brake' on farmers' preparations?

Akola Cotton Season Delayed by Supply WoesKharif Season : With the Kharif sowing season approaching, farmers in Akola district are facing a huge shortage of cotton seeds along with DAP fertilizer. Farmers are in a dilemma due to the supply being much less than the demand. If the stock is not available on time, there is a possibility of delay in sowing and adverse effect on production. (Kharif Season)As the sowing time of Kharif season approaches, there is a shortage of the most demanded cotton seeds and 'DAP' fertilizer in the district. This situation is creating a big obstacle in the preparation of thousands of farmers. (Kharif Season)Due to inadequate stock of seeds and fertilizers, the concern of farmers preparing for the Kharif season has increased significantly. If the government and fertilizer manufacturing companies do not meet the demand on time, then there is a possibility of delay in sowing. This may also affect the production, market price and income of farmers in the upcoming season. (Kharif Season)Current status of seed and fertilizer stockDemand for cotton seed: 3 lakh packetsAvailability (till June 7): Only 1,12,000 packetsCurrently available: Only 1,000 packetsIt is not clear yet when the seed stock will be available. Will the sowing date have to be postponed till the stock is available as per the demand? This has worried the local farmers.Status of 'DAP' fertilizer supplyDemand: 25 thousand metric tonsAvailability (current): 4 thousand metric tonsCurrent direct stock: only 1,300 metric tonsWill the difficulties of farmers increase?* Risk of delayed sowing* Impact on cotton production* Potential risk of black marketing* Economic impact due to low productionFollow-up action is being taken with the Agriculture Commissionerate as well as the concerned company to ensure the supply of cotton seed and DAP fertilizer, which are most in demand in the district.read more :- Rupee opens 10 paise up at 85.52 against the dollar

Indian rupee opens 10 paise higher at 85.52 against US dollar.The local currency opened at 85.52 against the dollar after ending the previous session at 85.62.read more :- Rupee Ends Flat at 85.62/USD 

Indian rupee ended flat at 85.62 per dollar on Tuesday versus morning 's open of 85.62.At close, the Sensex was down 53.49 points or 0.06 percent at 82,391.72, and the Nifty was up 1.05 points at 25,104.25. About 2160 shares advanced, 1723 shares declined, and 136 shares unchanged.read more :-  Punjab: Area under cotton up 20%, says Khudian                                     

Punjab Records 20% Rise in Cotton Sowing: KhudianThe cotton cultivation in Punjab during the current kharif season has witnessed a 20% increase, taking the area under cotton from 2.49 lakh acres last year to 2.98 lakh acres this year, an increase of over 49,000 acres. Punjab minister of agriculture and farmers welfare Gurmeet Singh Khudian informed this on Monday.Chairing a meeting to review the ongoing kharif season and departmental projects here, Khudian said Fazilka district leads in cotton cultivation with 60,121 hectares, followed by Mansa (27,621 hectares), Bathinda (17,080 hectares) and Muktsar (13,240 hectares).The agriculture minister said that the Punjab government would provide a 33% subsidy on cotton seeds to growers with over 49,000 farmers having already registered online. He directed the chief agriculture officers to ensure all cotton growers complete online registration by June 15.Read More :-  Rupee opens 01 paise higher at 85.62 against dollar

Rupee rises 01 paise to 85.62 against US dollar in early tradeIndian rupee opened flat at 85.62 per dollar on Tuesday versus Monday's close of 85.63.read more :- Maharashtra's first technical textile park to come up in Dharashiv

Maharashtra's first tech textile park in DharashivMaharashtra is setting up its first technical textile park in Dharashiv (Osmanabad) district of Marathwada region. The textile park will be built on 308 acres in Kaudgaon MIDC and an outlay of Rs 118 crore (US$ 13.76 million) has been planned for it.The first phase of the project costing Rs 16 crore (US$ 1.86 million) has already begun, which was inaugurated by BJP MLA Rana Jagjitsinh Patil. Many renowned businesses from across the world are contributing crores to this initiative, which will provide employment to many residents of Dharashiv.The Kaudgaon area is strategically located for this textile park. It is located 13 km from Dharashiv town and Dharashiv railway station and has excellent connectivity to major road networks, with SH 65 Dharashiv-Barshi being at a distance of 3 km.Kaudgaon MIDC gets power from MSEDCL 33/11 kV substation located at a distance of 5 km and Mahagenco's 50 MW solar park is present near the textile park. Reliance gas pipeline of 600 mm diameter is available near the park. Ujani dam is a source of water for the park which has provision of 20 MLD water supply.read more :- Kharif 2025 sowing starts at a slow pace in Gujarat, groundnut and cotton take lead

Kharif Sowing Off to a Slow Start in Gujarat; Groundnut and Cotton Lead Early ActivityKharif 2025 sowing has begun in Gujarat, but progress remains sluggish so far. Only 77,067 hectares have been covered, accounting for just 0.90% of the state’s average kharif sowing area of 8.56 million hectares, according to the latest agriculture department report. While groundnut, cotton, and vegetables have seen some initial activity, major cereal crops are yet to make an appearance in the fields.Groundnut and Cotton Take the LeadAmong the early movers, groundnut has recorded the highest area, with 31,110 hectares sown, representing 1.78% of its normal coverage. Cotton follows closely with 34,011 hectares, achieving 1.34% of its average area. Vegetable crops, though smaller in scale, have shown the highest relative progress at 5,144 hectares, or 1.96% of their usual sowing area.Oilseeds and Other Crops Lag BehindTotal oilseed sowing stands at 31,225 hectares, largely driven by groundnut. In contrast, soybean and castor sowing remains negligible, with only 52 hectares and 88 hectares covered, respectively, indicating a slow pickup in these crops.Overall, the kharif season has started on a muted note, with significant acceleration needed in the coming weeks to match normal sowing trends.read more :- Rupee strength 03 Paisa, Closes at 85.63