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The rupee appreciated 28 paise vs the dollar this evening, closing at Rs 86.36.At close, the Sensex was up 224.45 points or 0.29 percent at 76,724.08, and the Nifty was up 37.15 points or 0.16 percent at 23,213.20. About 2057 shares advanced, 1733 shares declined, and 104 shares unchanged.Read more :- Rupee falls 2 paise to 86.55 against US dollar in early trade today

In early trading today, the rupee drops 2 paise to 86.55 against the US dollar.The rupee pared its initial marginal gain and slipped 2 paise to 86.55 against the US dollar in early trade on Wednesday as the positive sentiment in the domestic equity markets was negated by elevated crude oil prices and massive withdrawal of foreign funds.At the interbank foreign exchange, the rupee opened at 86.50 and touched 86.45 against the greenback in initial deals. However, the local unit soon pared the gains and traded at 86.55 against the dollar, 2 paise lower from its previous close.Read More :-  The rupee declined by 6 paise to close at 86.64 against the US dollar this evening.

This evening, the rupee fell 6 paise to settle at 86.64 vs the US dollar.At the close, the Sensex rose 169.62 points or 0.22 per cent to close at 76,499.63 and the Nifty rose 90.10 points or 0.39 per cent to close at 23,176.05. Around 2752 stocks advanced, 1049 declined and 103 stocks remained unchanged.Read More :- Rupee opens marginally up at 86.52 on lower dollar index, easing retail inflation

With a lower dollar index, the rupee opens slightly higher at 86.52, reducing retail inflation.The rupee opened marginally up on January 14 after the dollar index dipped a bit and the December retail inflation print showed signs of easing.The Indian currency opened at 86.52 against the US dollar, inching up from 86.58 at close in the previous trading session.Read More :- On Monday, the Indian rupee fell 61 paise to close at 86.58 per dollar, as against 85.97 on Friday.

The Indian rupee closed at 86.58 per dollar on Monday, down 61 paise from Friday's close of 85.97.At the close, the Sensex was down 1,048.90 points or 1.36 per cent at 76,330.01, and the Nifty was down 345.55 points or 1.47 per cent at 23,085.95. About 533 stocks advanced, 3414 declined and 131 stocks remained unchanged.read more :- Haryana : Workshop on organic cotton farming conducted in Sirsa

Haryana: Sirsa hosted an organic cotton farming workshopSirsa : A one-day workshop was held at the Central Cotton Research Institute, Regional Station, Sirsa, on Saturday to promote organic cotton farming. The workshop was chaired by Ram Pratap Sihag, Joint Director (Cotton). Various officials, including the Deputy Director of Agriculture, experts, scientists from the institute, representatives from BT seed companies, input dealers and Cotton Corporation officers attended the event.Sihag said that organic cotton farming could not only increase cotton production but also help farmers improve their income. He shared how farmers could grow indigenous cotton and produce their own organic cotton seeds. The goal of the workshop was to encourage more farmers to adopt organic cotton farming methods.Representatives from the "Kheti Virasat Mission Trust" in Punjab, including its director, Roopasi Garg, and progressive farmers like Raja Ram and Manveer shared their experiences and thoughts on organic cotton farming.Rishi Kumar, the head of the Central Cotton Research Institute, discussed cotton farming in northern India, protection of crops from pests and benefits of organic farming practices for improving cotton production.SK Verma, a senior scientist, provided important information on scientific methods to promote organic cotton farming. Other experts SK Sain and Amarpreet Singh spoke on management of cotton diseases and improvement of production through natural farming techniques.Sukhdev, Deputy Director of Agriculture, suggested that promoting organic cotton farming through farmer producer organisations and farmer clubs could lead to more success in this initiative. Subhash Chandra, another scientist, spoke about improved cotton varieties and thanked all participants for attending the workshop.read  more :- Rupee slumps 27 paise to hit record low of 86.31 against US dollar in early trade

In early trading, the rupee drops 27 paise versus the US dollar to reach a record low of 86.31.The rupee continued its decline on Monday, declining by 27 paise to hit a new lifetime low of 86.31 against the US dollar, marking the second consecutive session of losses. This slide was primarily driven by a strong US dollar, along with volatile global market conditions.At the interbank foreign exchange, the rupee opened at 86.12 but quickly fell to the historic low of 86.31 in early trading, registering a 27 paise loss from its previous close of 86.04 on Friday.read more :- Hemp fibre will transform agriculture scenario and textile industry: Dr Khajuria

Hemp fiber will revolutionize the textile and agricultural industries: Dr. KhajuriaNew Delhi: Jan 10: Hemp fibre has the potential to transform agriculture scenario and textile industry. This was stated by Dr Romesh Khajuria, Chairman, WWEPC, Ministry of Textiles, Government of India, during his inaugural address at the 188th Administrative Committee (COA) here on Thursday. Dr Khajuria led a delegation to meet Union Textiles Minister Giriraj Singh to brief him about the progress made in hemp fibre. The delegation comprised representatives of Roop Rashi, Textile Commissioner, Government of India, Avega Green Technology, Coursed India Foundation, India Hemp Networking, hemp fibre industry, organisations working on hemp fibre cultivation and other stakeholders. They held important discussions on identification of hemp fibre.Dr Khajuria, who is also the Chairman of Jammu Kashmir Wool Development and Marketing Association (JKWDMA), said that hemp fibre has certain special properties and blending of wheat with wool becomes the best quality of sustainable natural fibre and the world is rapidly moving towards the use of more and more sustainable fibres to avoid global warming which is harmful to the earth.He urged for early recognition of hemp fibre as “allied fibre”, creating necessary strategic planning and policy framework and R&D initiatives for adoption of hemp fibre and possible collaborations to increase the use of hemp fibre in various industries.Dr Khajuria said, “Hemp has the potential to transform our agriculture landscape and textile industry. By officially recognizing it as an ‘allied fibre’, we are not only advancing sustainability but also creating economic opportunities for farmers across India.”Dr Khajuria also said that India's domestic market for hemp-based products, including textiles, is estimated to reach Rs 3,000 crore by 2027.Avega Green Technologies' proposal: A key moment of the meeting was the presentation given by Karan R. Sarsar, Founder and CEO of Avega Green Technologies, who presented a comprehensive plan to integrate hemp fibres into India's textile industry.The COA members present included R C Khanna, Vice Chairman, D K Jain, Harmeet Singh Bhalla, Kawaljit Singh, Bilal Bhatt, Rajesh Khanna, Harish Dua, Executive Director, Suresh Thakur and others.read more :- Weekly Summary Report: Cotton Bales Sold by the Cotton Corporation of India (CCI)

Weekly Summary Report: Cotton Corporation of India (CCI) Cotton Bale SalesThe Cotton Corporation of India conducted online bidding for cotton bales throughout the week, with daily sales recorded as follows:6 January 2025: Highest sales of the week at 52,700 balesMills: 29,100 balesTraders: 23,600 bales7 January 2025: 40,200 bales soldMills: 15,300 balesTraders: 24,900 bales8 January 2025: 19,200 bales soldMills: 7,400 balesTraders: 11,800 bales9 January 2025: 9,600 bales soldMills: 5,900 balesTraders: 3,700 bales10 January 2025: 5,000 bales soldMills: 900 balesTraders: 4,100 balesWeekly TotalThe week concluded with total sales of approximately 1,26,700 cotton bales, reflecting steady use of the online bidding platform to facilitate trade and streamline transactions.SiS continues to provide timely updates on textile industry developments.read more :- Cotton yarn demand picks up in South India prices up in Mumbai

Demand for cotton yarn is increasing in South India, but Mumbai prices are rising.The South India cotton yarn market witnessed higher demand for summer garments. Consequently, cotton yarn prices increased in the Mumbai market. The Tiruppur market saw stability in prices. Mills are reducing discounts due to higher demand, as they are not under pressure to find potential buyers. Market experts stated that cotton yarn demand is gradually picking up as summer garment production increases. They also noted that cotton garment demand rises in North Indian states during the summer season due to hot and humid weather. Rising cotton prices are further encouraging buyers, and spinning mills are increasing yarn prices in response to higher cotton prices.The Mumbai market saw a rise of ₹2-3 per kg in cotton yarn prices due to higher demand from the consumer industry. Mills are trying to pass on the recent increase in cotton prices. A trader from the Mumbai market told Fibre2Fashion, “Mills are buying expensive cotton to produce yarn so they can meet the increasing demand from the consumer industry. The present strong demand does not deter mills from increasing yarn prices. The entire textile value chain is active now ahead of the summer season.”In Mumbai, 60-carded yarn of warp and weft varieties was traded at ₹1,440-1,480 (approximately $16.67-$17.23) and ₹1,390-1,440 per 5 kg (approximately $16.19-$16.77) (excluding GST), respectively. Other prices included 60 combed warp at ₹338-344 (approximately $3.94-$4.01) per kg, 80-carded weft at ₹1,420-1,480 (approximately $16.54-$17.23) per 4.5 kg, 44/46-carded warp at ₹262-272 (approximately $3.05-$3.17) per kg, 40/41-carded warp at ₹256-266 (approximately $2.98-$3.10) per kg, and 40/41 combed warp at ₹288-294 (approximately $3.35-$3.42) per kg, according to trade sources.The Tiruppur market also witnessed higher demand for cotton yarn. Better buying activity relieved mills from selling pressure, and they are not considering reducing the discounts previously offered to attract buyers. However, cotton yarn prices remained steady in the South Indian market. According to market sources, a few deals were reported at higher prices, but in general, cotton yarn prices remained stable with some exceptions. Mills may officially increase cotton yarn prices after Pongal next week.In Tiruppur, knitting cotton yarn prices were recorded as follows: 30-count combed cotton yarn at ₹255-263 (approximately $2.97-$3.06) per kg (excluding GST), 34-count combed cotton yarn at ₹264-271 (approximately $3.07-$3.16) per kg, 40-count combed cotton yarn at ₹276-288 (approximately $3.21-$3.35) per kg, 30-count carded cotton yarn at ₹235-240 (approximately $2.74-$2.79) per kg, 34-count carded cotton yarn at ₹240-245 (approximately $2.79-$2.85) per kg, and 40-count carded cotton yarn at ₹248-253 (approximately $2.89-$2.95) per kg.In Gujarat, cotton prices increased by ₹200-300 per candy over the last couple of days. Ginning mills are offering higher prices for seed cotton to attract buyers, which has increased their cost of production in recent times. Traders stated that farmers are selling their produce to private traders if they receive prices higher than the Minimum Support Price (MSP). Consequently, the market price of seed cotton has risen above the MSP.Cotton arrivals were estimated at 32,000-35,000 bales of 170 kg in Gujarat and 220,000-230,000 bales across the country. Trade sources indicated that the Cotton Corporation of India (CCI) continues to purchase more seed cotton from southern states compared to central and northern states.The benchmark Shankar-6 cotton was quoted at ₹54,000-54,500 (approximately $628.82-$634.64) per candy of 356 kg, while southern mills were seeking to buy cotton at ₹55,000-55,500 (approximately $640.46-$646.29) per candy. Seed cotton (Kapas) was traded at ₹7,500-7,625 (approximately $87.34-$88.79) per quintalread more :- Indian rupee ended at fresh record low at 85.97 per dollar on Friday versus Thursday's close of 85.85.

After closing at 85.85 on Thursday, the Indian rupee fell to a new record low of 85.97 per dollar on Friday.At close, the Sensex was down 241.30 points or 0.31 percent at 77,378.91, and the Nifty was down 95 points or 0.40 percent at 23,431.50. About 777 shares advanced, 3048 shares declined, and 87 shares unchanged.read more :-  Cotton Markets Should Stabilize in 2025 – Good News for the Global Economy