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Today evening, the rupee closed at Rs 77.71 with a weakness of 8 paise against the dollar.Sensex closed down by breaking 568 points.Today the stock market closed with a fall.Today, where the Sensex closed at the level of 55107.34 points, down by 567.98 points.On the other hand, the Nifty closed at the level of 16416.30 with a gain of 153.20 points.

Sensex collapses as soon as it opens, registers a fall of 538 pointsToday the stock market opened with a fall. Today, the BSE Sensex fell by about 537.65 points and opened at the level of 55137.67 points. On the other hand, the Nifty of NSE opened with a decline of 156.70 points at the level of 16412.80 points.

Rupee collapses against dollar, opens weak by 9 paiseRupee opened with weakness today against the dollar in the foreign exchange market. Today the rupee opened with a weakness of 9 paise at Rs 77.72 against the dollar. At the same time, on Monday, the rupee closed at Rs 77.63 with a weakness of 1 paise against the dollar.

All India Weather Forecast for June 7, 2022Countrywide weather systemsA Cyclonic Circulation is persisting over Central Pakistan.Another Cyclonic Circulation is persisting over Bangladesh and adjoining areas.A Cyclonic Circulation is persisting over South Coast of Andhra Pradesh.A trough is extending from Bihar to Rayalaseema across Chhattisgarh and Telangana.Weather movement across the country during the last 24 hoursDuring the last 24 hours, light to moderate rain with isolated heavy falls occurred over Assam, Meghalaya, Arunachal Pradesh, Andaman and Nicobar Islands, parts of Tamil Nadu Coastal Andhra Pradesh and Kerala and South Maharashtra.Light to moderate rain over parts of Northeast India Sub-Himalayan West Bengal, Sikkim, Lakshadweep, Coastal and South Interior Karnataka, Rayalaseema and Telangana.Light rain occurred over Coastal areas of South Odisha and one or two parts of Interior Odisha and Marathwada.Heat wave conditions to severe heat wave conditions persisted over parts of Madhya Pradesh and Delhi.Heat wave conditions were observed over Vidarbha and parts of Himachal Pradesh, Punjab, Haryana, West Rajasthan and one or two parts of Uttar Pradesh.Weather activity likely during next 24 hoursDuring the next 24 hours, light to moderate rain with isolated heavy falls very likely over Northeast India, Andaman & Nicobar Islands and Kerala, South Karnataka and Coastal Andhra Pradesh.Light to moderate rain may occur over Sub-Himalayan West Bengal, Sikkim, East Bihar, Tamil Nadu, Rayalaseema, Kerala, South Konkan and Goa and South Madhya Maharashtra.Light rain is possible over Interior Odisha, Marathwada and Jammu and Kashmir.Heat wave conditions may occur in some parts of Madhya Pradesh and Delhi.Heat wave conditions are possible over Vidarbha and isolated parts of Himachal Pradesh, Punjab, Haryana, West Rajasthan and Uttar Pradesh.

Today evening, the rupee closed at Rs 77.63 with a weakness of 1 paise against the dollar.The fall in the Sensex increased further, closing down by breaking 94 points.Today the stock market closed with a fall.Today, where the Sensex fell by about 93.91 points, it closed at the level of 55675.32 points.On the other hand, Nifty closed at 16569.50 with a gain of 14.80 points.

Government decides MSP for farmers, why not HSP for industry?There is no doubt about the fact that the country runs from farmers, but the contribution of industry in the economy of the country should not be denied. Talking about cotton itself, the government fixes the MSP so that the farmers do not suffer any loss, but why no measures like HSP are taken to check the rising prices of cotton. Mukesh Jain, a spinning mill owner from Akola, said this troubled by the current policies of the government, especially the record high cotton prices.Actually, SIS spoke to people from different segments of the industry on the current scenario of the textile industry and tried to know their opinion, as well as questioned that the sowing season of Kharif crops has started. But, the government has not provided the figures of cotton sown so far. Whereas in early June last year, the government had released its report on the sleeping area. Know the thoughts of cotton industry spinners, ginners, brokers and traders-Up to 30 percent more crop expected in HaryanaKapur Chand Kochhar from Padmavati Agro, Maharashtra said that this time it is being said that the percentage of cotton crop will be higher, but no official comment has come yet on how much. We keep talking to the traders of Maharashtra, Punjab and Haryana, on the basis of that we estimate that 10 to 15 percent crop is expected in Maharashtra and 25 to 30 percent in Haryana. However, the correct estimate can be made only after the rain.The higher the seed sales, the higher the estimated cropRajesh Gupta, a broker who has been associated with the cotton industry for a long time, says that crop estimation makes business easier. But, the sleeping has just started, so it is not right to question the government from now on for the figures. The data will be being gathered now. The government will submit the report as soon as the facts come to light. Although the crop is correctly estimated from the report of the month of October itself. It is clear from the figure of seed sales this season that the crop must have grown by 5 to 10 per cent as compared to last year.Government should control cotton pricesSpinning mill owner Mukais Jain said that talking about the data in the cotton industry, India is far behind compared to other countries. There is also a lot of confusion in the data provided here. Keeping in mind the convenience of the traders, the government needs to change its policies. Firstly, exports should be banned and then measures should also be taken to check the unbridled rise in cotton prices.

Rupee depreciates against dollar, loses 3 paiseRupee opened with weakness today against the dollar in the foreign exchange market. Today the rupee opened with a weakness of 3 paise at Rs 77.65 against the dollar. At the same time, on Friday, the rupee closed at Rs 77.62 with a weakness of 2 paise against the dollar.

Sensex collapses as soon as it opens, registers a fall of 86 pointsToday the stock market opened with a fall. Today the BSE Sensex fell by about 86.08 points and opened at the level of 55683.15 points. On the other hand, NSE's Nifty fell by 23.50 points to open at the level of 16560.80 points.

All India Weather Forecast for June 6, 2022Weather systems made across the countryA cyclonic circulation is persisting over eastern part of Uttar PradeshA trough is extending from this cyclonic circulation to Nagaland across Bihar, Sub-Himalayan West Bengal and Assam.Another trough is extending from Bihar to North Coastal Andhra Pradesh across Jharkhand and Chhattisgarh.A cyclonic circulation lies over east central and adjoining southeast Bay of Bengal at 3.1 to 7.6 km above sea level.Weather movement across the country during the last 24 hoursDuring the last 24 hours, light to moderate rain with isolated heavy falls occurred over Assam, Meghalaya and Arunachal Pradesh.Rest of Northeast India, Andaman and Nicobar Islands, Sub-Himalayan West Bengal, Sikkim and parts of Odisha received light to moderate rains.Light to moderate rain occurred over Gangetic West Bengal, eastern parts of Jharkhand, Kerala, Tamil Nadu, South Interior Karnataka and one or two places over Vidarbha and Jammu and Kashmir.Heat wave conditions were observed over many parts of Delhi and at isolated places over Jammu and Kashmir, Himachal Pradesh, Uttarakhand, Haryana, South Uttar Pradesh, North Madhya Pradesh, East Vidarbha, North Rajasthan, Odisha and Chhattisgarh.Probable weather activity during next 24 hoursDuring the next 24 hours, light to moderate rain with isolated heavy falls very likely over Northeast India, Andaman & Nicobar Islands, South Interior Karnataka and Coastal Karnataka.Light to moderate rain may occur over Lakshadweep, Kerala, Interior Tamil Nadu, Sub-Himalayan West Bengal, Sikkim, parts of Gangetic West Bengal and North Interior Karnataka.Light rain is possible over eastern parts of Bihar, South Konkan and Goa and Jammu and Kashmir.Heat wave conditions are possible over many parts of Delhi and at isolated places over Jammu and Kashmir, Himachal Pradesh, Uttarakhand, Haryana, South Uttar Pradesh, North Madhya Pradesh, East Vidarbha, North Rajasthan Odisha and Chhattisgarh.

Today evening, the rupee depreciated by 2 paise to close at Rs 77.62 against the dollar.Heavy morning rush turned into evening decline, 49 points brokenThe stock market, which opened with a huge boom this morning, again came under the grip of a fall in the evening. Today, where the Sensex closed at the level of 55769.23 points down by about 48.88 points.On the other hand, Nifty closed at 16584.30 with a gain of 43.70 points.

Sowing of Kharif crops gets low as compared to the previous year by June 03rdThe sowing of kharif crops gets started with the onset of June. The major crops that are sown in the season are pulses, cereals, rice, oilseeds, cotton, sugarcane etc. As per the report generated by the government here is the comparative analysis of sowing area of kharif crops( in lakh hectare) in the month of June in last year and the current year.Pulses including arhar, kulthi, urad, moong has been sown in 1.09 ( lakh hectare) area which was sown in 0.81 last year , which records a difference of 35.08% increase of sowing area.Rice being a major kharif crop has recorded downfall in terms of sowing that is the difference of 0.14 lakh hectare.If we talk about oilseeds, there’s no apparent difference in sowing it was 0.37 by the start of June in last year and current year as well.As far as Jute and Mesta are concerned they have covered a little lesser area than the last year that is 6.45 in 2021 and 6.31 in 2022.Last but not the least; the government has not revealed any data of plantation of cotton seeds yet. But, if we look at the last year’s data, cotton had covered 13.55 lakh hectare area.In essence, By this time in last year kharif crops had already been sown in 72.28 lakh hectare area, which is merely 10.02 this year which is clearly 86.13% less.