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Rupee weakens by 8 paise against dollarThis evening, the rupee closed at a level of 82.65 against the dollar with a weakness of 8 paise.Sensex dropped 365 pointsToday the stock market closed with a fall.Today, where the Sensex closed at a level of 64886.51 points with a fall of 365.83 points.On the other hand, the Nifty closed at a level of 19265.80 points with a decline of 120.90 points.

Telangana cotton growth story hinges on innovations: ExpertsHYDERABAD: Telangana's cotton fields hold tremendous potential and its farmers lead the country by displaying remarkable resilience, experts have suggested, to boost productivity growth in the state, and to ensure that For cotton growers to continue their progress, there should be High Density Planting System (HDPS).With HDPS, the density of cotton plant population has increased significantly, potentially quadrupling the number to 26,000 plants per acre. This innovative approach has the potential to increase both cotton production and overall productivity by an estimated 30-40 per cent, showing a promising increase from the current lint yield of 450 kg/ha to 750 kg/ha. Cotton occupies an important place in Telangana's agricultural GDP, contributing 43 per cent. This is further enhanced by the effective irrigation system enabled by the water resources of the various projects.M Ramasamy, President, Rasi Seeds, underlined the importance of HDPS in revolutionizing the cotton industry in the state. “Empowering the farmers is our goal. HDPS, by optimizing plant density and land use, paves the way for higher cotton productivity,” he said, highlighting why it is important now.Dr. Cater Heck, international cotton expert and vice president of agricultural and environmental research at Cotton Inc., USA, said India's remarkable progress in cotton productivity is coming to the fore as the agricultural landscape evolves. Now more than ever, it is more important than ever to embrace cutting-edge scientific breakthroughs, which provide us with the opportunity to increase yields and improve the livelihoods of our farmers.

Pakistan: The spot price increased by more than Rs 500 per headLAHORE: The spot rate committee of the Karachi Cotton Association (KCA) on Thursday hiked the spot rate by Rs 500 per head and closed it at Rs 19,400 per head. The local cotton market remained buoyant and the volume of business was satisfactory.Cotton analyst Naseem Usman told that the spot rate has increased by Rs 900 in two days. The rate of new cotton crop in Sindh is Rs 19,500 per head. The rate of footi in Sindh is between Rs 8,000 to Rs 9,000 per 40 kg. Cotton rates in Punjab range from Rs 20,000 to Rs 20,200 per head and cotton between Rs 8,000 to Rs 9,000 per 40 kg. Cotton rates in Balochistan range from Rs 19,000 to Rs 19,700 per head, while footy rates range from Rs 8,000 to Rs 9,000 per 40 kg.Around 600 bales of Hyderabad, 800 bales of Mirpur Khas, 1600 bales of Sanghar, 200 bales of Nawab Shah, 200 bales of Sarkand, 1200 bales of Shahdadpur were sold at Rs.19,000 per head, 3400 bales of Saleh Pat were sold 19,000 to Rs 19,200 per head, 2400 bales of Tando Adam sold for Rs 18,325 to Rs 19,100 per head, 800 bales of Mehrab Pur Rs 19,100 per head, 600 bales of Miyan Channu, 1200 bales of Lodhran were sold. 20,000 per head, 200 bales of Chishtian, 400 bales of Fakir Wali were sold at 19,500 per head, 600 bales of Vehari were sold at 19,500 to 19,700 per head, 200 bales of Bahawalpur 19,100 Sold at the rate of Rs. per head. , Chichavatni 400 bales, Dera Ghazi Khan 800 bales were sold at Rs 19,700 per head, Dera Ghazi Khan 800 bales at Rs 19,500 to Rs 20,000 per head, Layya 800 bales at Rs 19,400 to Rs 19,600 Sold at the rate of per head. Man, Haroonabad 600 bales was sold at Rs 19,600 to Rs 19,800 per head, Murid Wala 200 bales at Rs 19,900 per head, Haasil Pur 200 bales, Gojra 200 bales, Burewala 400 bales at Rs 19,800 per head. Per head, Arif Wala 200 bales, Ahmed Pur East 200 bales were sold at Rs 19,500 per head, Fort Abbas 600 bales at Rs 19,700 per head, Winder 600 bales, Lasbela 600 bales and Utal 600 bales per head. Sold at the rate of Rs.19,000 per head.The spot rate committee of the Karachi Cotton Association increased the spot rate by Rs 400 per head and closed it at Rs 19,400 per head. Polyester fiber was available at Rs 365 per kg.

Rupee opens flat at 82.58 against the US dollar ahead of Fed Chair Jerome Powell's speechThe Indian rupee opened marginally lower against the US dollar on Friday, snapping three-day gaining streak, as the dollar index reached near two-month high amid cautiousness ahead of Federal Reserve Chair Jerome Powell's speech. The local currency opened at 82.58 as compared to previous close of 82.57 a dollar.Sensex Declines 200 Points, Nifty Below 19,350 On Weak Cues.The two key equity benchmarks, Sensex and Nifty, on Friday began in the red tracking a weak note amid tepid global trends. The BSE Sensex was down 204 points to 65,048. On the other hand, the NSE Nifty50 was trading at 19,323, down 64 points.

Rupee strengthened by 12 paise against dollarThe rupee strengthened by 12 paise to close at Rs 82.57 against the dollar this evening.Sensex fell 108 pointsToday the stock market closed with a fall.Today, where the Sensex closed at a level of 65252.34 points with a fall of 180.96 points.At the same time, Nifty closed at 19386.70 points with a fall of 57.30 points.

Pakistan: The spot rate increased by Rs 400 in one day's rise.LAHORE: The spot rate committee of the Karachi Cotton Association (KCA) on Wednesday hiked the spot rate by Rs 400 per head and closed it at Rs 18,900 per head. The local cotton market remained upbeat and the trading volume was satisfactory.Cotton analyst Naseem Usman said that the rate of new cotton crop in Sindh is between Rs 18,800 to Rs 19,000 per head. The rate of footi in Sindh is between Rs 7,800 to Rs 8,800 per 40 kg. Cotton rates in Punjab range from Rs 19,800 to Rs 20,000 per head and cottonseeds range from Rs 8,000 to Rs 9,000 per 40 kg. Cotton rates in Balochistan range from Rs 18,700 to Rs 19,000 per head, while footy rates range from Rs 8,000 to Rs 9,000 per 40 kg.Around, 200 bales of Hyderabad were sold at Rs.18,550 per head, 1800 bales of Tando Adam at Rs.18,400 to Rs.18,600 per head, 1200 bales of Shahdadpur at Rs.18,500 to Rs.18,600 per head, 600 bales were sold. Daur, 800 bales of Bandhi, 800 bales of Bukhari, 600 bales of Khairpur were sold at Rs.18,500 per head, 1400 bales of Mehrabpur at Rs.18,500 to Rs.18,700 per head, 1200 bales of Rohri at Rs.18,500 per head. 18,600 per head, 2000 bales of Saleh Pat at Rs.18,500 to 18,700 per head, 600 bales of Sarhari at Rs.18,700 per head, 600 bales of Nawab Shah at Rs.18,500 per head, 400 bales were sold. Dera Ghazi Khan, Vehari sold for Rs.19,500 per head in 200 bales, Khanewal in 800 bales for Rs.19,200 to Rs.19,400 per head, Layya in 1600 bales at Rs.18,900 to Rs.19,200 per head, Marot in 400 bales. 19,000 per head, Fakir Wali 1800 bales at Rs 19,000 to Rs 19,300 per head, Bahawalpur 400 bales, Yajman Mandi 400 bales at Rs 19,100 per head, Burewala 1200 bales at Rs 19,300 per head. 19,200 to 19,500 per head, 1000 bales of Lodhran at Rs 19,500 per head, 2800 bales of Harunabad at Rs 19,000 to 19,400 per head and 200 bales of Sadiqabad at Rs 19,400 per head.The spot rate committee of the Karachi Cotton Association on Wednesday increased the spot rate by Rs 400 per head and closed it at Rs 18,900 per head. Polyester fiber was available at Rs 365 per kg.

Rupee opens 22 paise stronger against dollarThe rupee opened strongly against the dollar today. Today, the rupee opened at a level of Rs 82.46 against the dollar with a weakness of 22 paise. On the other hand, on Wednesday, the rupee strengthened by 25 paise to close at Rs 82.68 against the dollar. In this way, the rupee has strengthened by about 50 paise in two days.Know how the stock market will move today, where will be the earningsToday the Indian stock market can start with a boom. Whereas, GIFT Nifty was also trading at higher levels in the early hours. Apart from this, Hong Kong is performing better in the Asian market this morning. The GIFT Nifty, earlier known as SGX Nifty, was trading at 19,516.5, up 12 points or 0.06%, at 7.29 am on Thursday. GIFT Nifty today opened at 19,504.5 and traded in the range of 19,521.5 to 19,481 respectively.

Rupee strengthened by 25 paise against dollarThe rupee strengthened by 25 paise to close at Rs 82.69 against the dollar this evening.Sensex up 213 pointsToday the stock market closed with a boom.Today, where the Sensex closed at a level of 65433.30 points with a gain of about 213.27 points.On the other hand, the Nifty closed at the level of 19444.00 points with a gain of 47.50 points.

Ginners will boycott the tenders of Cotton Corporation regarding BIS certificationNagpur: The Vidarbha Cotton Association (VCA), is going to be. Its members, over 400 ginners, cotton growers, traders and brokers, have given a call to boycott the annual tender of the Cotton Corporation of India (CCI), which buys cash crops from farmers at the minimum support price (MSP). The call for protest may shock the farmers of the region, disrupting the procurement cycle.CCI does ginning during ginners' meetings held at Hinganghat Kalmeshwar on Tuesday and after buying cotton from farmers. Cotton Ginning and Pressing Tenders are invited inviting ginners to process the raw stock. Cotton bales are made by the Bureau of Indian Standards. Research: Ginners to boycott Cotton Corporation's tenders on BIS certification.Various parameters, changes in climatic conditions, waste content, multiple harvesting seasons affect the final characteristics of cotton. VCA members say, CCI then stores the bales in its godowns where these are further taken for processing into yarn, in textile mills to make cloth and apparel.BIS proceeds on the basic premise that the arrival of quality raw cotton is not in their hands. “BIS can be applied on a product like gold, but not on lumps. Farmers start bringing raw cotton from October, while November to April is the peak season. Many farmers of Maharashtra have kept their stocks withheld till now. It is expected to get good price in August also. Irfan Khoje, a ginner and VCA member from Narkhed, said it is practically not possible to meet the BIS norms. “We are processors, not manufacturers. Not only ginners, but farmers will also suffer a lot by ignoring these rules,'' he said.Another member of the VCA, Bhavesh Shah said that ginning is happening. The industry is directly linked to the farmers. Processing of the best cotton is sometimes delayed in ginningIt rains or gets mixed with the leaves. If BIS forces us, then we have to ask farmers to bring desirable quality. If we do this, the gendarmes will be seen as anti-farmer,” he said.It is almost certain that it will be impossible for farmers to bring cotton as per BIS norms, said Narendra Chandak, a farmer and ginner. “BIS is not applicable on any agricultural commodity. Quality checks should not be imposed on us,'' Chandak ji said.Cotton consultant Govind Vairale believes that moisture is the only constraint. While the rest of the parameters can be complied with. at the beginning of the cotton season. So the moisture percentage stipulation should be relaxed from 8% to 12%. Later, the moisture should be up to 8%. All other specifications can be done. Should not be implemented as per BIS norms,” he said.

Pakistan: Good business in cotton marketLAHORE: The spot rate committee of the Karachi Cotton Association (KCA) on Tuesday hiked the spot rate by Rs 100 per head and closed it at Rs 18,500 per head. The local cotton market remained firm and the trading volume was satisfactory.Cotton analyst Naseem Usman said that the rate of new cotton crop in Sindh is between Rs 18,400 to Rs 18,500 per head. The rate of footi in Sindh is between Rs 7,000 to Rs 8,300 per 40 kg. The rate of cotton in Punjab is between Rs 19,200 to Rs 19,500 per head and the rate of foot is between Rs 7,700 to Rs 8,800 per 40 kg. Cotton rates in Balochistan range from Rs 18,300 to Rs 18,500 per head, while footy rates range from Rs 7,800 to Rs 8,600 per 40 kg.About 400 bales of Mehrab Pur, 1,000 bales of Khair Pur, 800 bales of Rohri at Rs 18,300 to Rs 18,350 per head, 1600 bales of Saleh Pat at Rs 18,300 to Rs 18,500 per head, 2200 bales of Shahdad Pur were sold. Sold at Rs 18,300 to Rs 18,400 per head, 800 bales of Mir Pur Khas, 200 bales of Sarkand sold at Rs 18,300 per head, 3200 bales of Tando Edam sold at Rs 18,400 to Rs 18,500 per head 400 bales of Daur were sold at Rs 18,300 to Rs 18,400 per head, Halani 400 bales at Rs 18,400 per head, Dera Ghai Khan 200 bales, Haroonabad 600 bales at Rs 18,900 per head, Lodhran 400 bales, 800 bales per head were sold Fort Abbas, Fakir Wali 1200 bales for Rs 19,000 per head, Vehari 1800 bales for Rs 18,900 to Rs 19,000 per head, Khanewal 500 bales for Rs 19,000 to Rs 19,200 per head, Hasil 400 bales were sold. Pur was sold for Rs 18,900 to Rs 19,000 per head, Laiya 400 bales, Sadiqabad 200 bales at Rs 18,900 per head, Jalal Pur 600 bales at Rs 19,000 to Rs 19,100 per head, Donga Bonga 400 bales were sold. 19,100 per head and 200 bales of Ahmed Pur East were sold at Rs.19,000 per head.The spot rate committee of the Karachi Cotton Association increased the spot rate by Rs 100 per head and closed it at Rs 18,500 per head. Polyester fiber was available at Rs 365 per kg.

Rupee rallied against dollar, opened weak by 6 paiseThe rupee opened strongly against the dollar today. Today, the rupee opened at a level of Rs 83.00 with a weakness of 6 paise against the dollar. On the other hand, on Monday, the rupee strengthened by 17 paise to close at Rs 82.94 against the dollar.Know which 3 stocks to bet on in the share market today, you will earnToday i.e. on Wednesday, the Indian stock market can open with a green mark. But ups and downs are likely to remain. In early hours today, GIFT Nifty is trading at higher levels which is expected to give a positive opening to Sensex and Nifty 50. However, on the other hand, Asian markets are trading mixed. As far as American stocks are concerned, trading has closed with a fall in the night. GIFT Nifty, earlier known as SGX Nifty, was trading at 19,357.5, up 43 points, or 0.22 per cent, at 7.32 am on Wednesday.