The Indian rupee on wednesday higher 01 paise to close at 88.20 per dollar, while it opened at 88.21 in the morning.At close, the Sensex was up 368.97 points or 0.44 percent at 84,997.13, and the Nifty was up 117.70 points or 0.45 percent at 26,053.90. About 2404 shares advanced, 1576 shares declined, and 158 shares unchanged.read more :- Trump says India-US trade deal could happen soon
Trump hints at India-US trade deal coming soon, says he has 'great respect for PM Modi'US President Donald Trump praised Prime Minister Narendra Modi on Wednesday as the "nicest looking guy" and said that he has great respect for him, while he asserted that India and the US are going to do a trade deal soon. Trump made the remarks while speaking at the APEC CEOs Luncheon in South Korea's Gyeongju. Although the US President again repeated his claim of brokering the India-Pakistan ceasefire, which New Delhi has repeatedly rejected."I'm doing a trade deal with India, and I have great respect and love for Prime Minister Modi. We have a great relationship. Likewise, the Prime Minister of Pakistan is a great guy. They have a Field Marshal. You know why he's a Field Marshal? He's a great fighter. And so I know them all. I'm reading that seven planes were shot down. These are two nuclear nations. And they're really going at it..." he said during his address.The President went on to speak of his great relationship with both New Delhi and Islamabad. He further said that he had told both leaders that the United States would not move ahead with any trade agreements while the two countries remained in conflict. He said, I called Prime Minister Modi and said we cannot make a trade deal with you while you are fighting with Pakistan. Then I called Pakistan and said the same thing.Trump has previously made similar claims of attempting to mediate between India and Pakistan after a brief conflict in May this year, a claim that New Delhi has consistently denied, maintaining that the ceasefire was reached bilaterally.India-US trade talksLast week, Commerce and Industry Minister Piyush Goyal stated that India does not rush into trade agreements or enter them "with a gun to our head." He said India is currently holding active negotiations on trade pacts with several countries and blocs, including the European Union and the United States."We are in active dialogue with the EU. We are talking to the US, but we do not do deals in a hurry, and we do not do deals with deadlines or with a gun to our head," he said at the Berlin Global Dialogue in Germany on October 24.He added that any trade agreement should be approached with a long-term perspective. Goyal also said that India is seeking new markets to counter the impact of high tariffs.The US has imposed a 25 per cent tariff on India as a penalty for purchasing oil from Russia. This is in addition to the existing 25 per cent reciprocal tariffs on Indian goods entering the US market, meaning Indian exports are currently facing about 50 per cent additional import duties.read more :- CCI allows Balanagar farmers to sell cotton in Shadnagar
Telangana: CCI allows Balanagar farmers to sell cotton at Shadnagar procurement centerMahabubnagar (Jadcherla): In a major relief to cotton growers in the Balanagar mandal, Jadcherla MLA Janampally Aniruddha Reddy announced that the Cotton Corporation of India (CCI) has agreed to allow farmers in the area to sell cotton at the Shadnagar procurement center.This assurance was given by CCI Chairman and Managing Director Lalit Kumar Gupta. Aniruddha Reddy and R&D Minister Komatireddy Venkat Reddy submitted a memorandum during their meeting at the CCI headquarters in Mumbai. The leaders discussed the problems faced by cotton farmers in the Jadcherla constituency and urged the corporation to take immediate corrective measures.MLA Aniruddha Reddy said in a media statement, "For years, farmers in the Balanagar mandal have had to travel more than 30 kilometers to Jadcherla to sell their cotton, while the Shadnagar center is only 5 kilometers away. This has resulted in unnecessary transportation costs and losses."In response, Gupta assured that the necessary permissions would be issued, allowing farmers to sell their produce at the Shadnagar cotton procurement center, eliminating their logistical problems. Highlighting the widespread crisis, Aniruddha Reddy explained that cotton cultivation in Telangana covers over 4.5 million acres, but this season, farmers have suffered heavy losses due to unseasonal rains, cyclonic storms, pest attacks, and rising input costs."Despite the announcement of the Minimum Support Price (MSP), many farmers are unable to access it in the market, leading to an economic crisis," he said.read more :- Rain destroys cotton crop, farmers worried
Incessant rains devastate cotton fields, leave AP farmers in distressVijayawada: Cotton growers across Andhra Pradesh are in deep distress as the incessant rains triggered by Cyclone Montha have ravaged vast stretches of standing cotton crop at a time when harvesting was about to begin. The fresh spell of heavy rains has compounded the woes of farmers who were already struggling due to delayed procurement operations by the Cotton Corporation of India (CCI).According to official data, cotton is cultivated in about 4.56 lakh hectares across the state this kharif season, with an estimated production of 8 lakh metric tonnes or 15.23 lakh bales. Farmers fear that at least 30 percent of the stock would be damaged due to the massive rains. The major cotton-growing districts include Kurnool, Palnadu, NTR, Guntur, and Anantapur. Farmers, who had been hoping to at least recover their cost of cultivation through the Minimum Support Price (MSP) operations, now fear that continuous rains and moisture may severely impact both the quality and yield of their produce.The MSP for the 2025–26 season has been fixed at ₹8,110 per quintal for long-staple varieties and ₹7,710 per quintal for medium-staple cotton.However, the delay in opening procurement centres and sluggish response from CCI have left farmers uncertain about timely payments and price realization. This has triggered widespread anxiety, especially in Palnadu, Kurnool, and Guntur districts, where thousands of hectares of ready-to-harvest cotton have been damaged.As per the agriculture marketing department, 30 procurement centres have been proposed across the state, of which 11 are located in agricultural market committees (AMCs) and the rest at ginning mills identified by the CCI. The govt has directed district administrations to ensure readiness of these centres with adequate facilities such as moisture meters, weighing bridges, fire safety systems, and digital infrastructure for farmer registration through the CM App and Kapas Kisan App.Joint collectors have been asked to coordinate with CCI and agricultural marketing officers to expedite MSP operations. VAAs have been instructed to register farmers, book slots, and create awareness about quality parameters and procurement norms to prevent distress sales. Despite these efforts, the prevailing weather conditions have disrupted field-level operations, and farmers are demanding immediate intervention by the state and central agencies to begin emergency procurement before the crop suffers irreversible damage. The coming days will be crucial in determining whether cotton growers can salvage any part of their investment from a season now marred by both nature and neglect.read more :- Rupee opened 05 paisa stronger at 88.21
Rupee Opens at 88.21, Up 05 PaisaIndian rupee opened higher at 88.21 per dollar on Wednesday versus Tuesday's close of 88.26.read more :- INR Gains 06 Paise, Closes at 88.26 per Dollar
The Indian rupee on tuesday higher 06 paise to close at 88.26 per dollar, while it opened at 88.32 in the morning.At close, the Sensex was down 150.68 points or 0.18 percent at 84,628.16, and the Nifty was down 29.85 points or 0.11 percent at 25,936.20. About 1809 shares advanced, 2171 shares declined, and 158 shares unchanged.read more :- CAI President discusses cotton market trends and import policy
CAI President Atul Ghanatra Highlights Key Cotton Market Trends and Duty-Free Import ExtensionThe President of the Cotton Association of India (CAI), Atul Ghanatra, shared key updates on the current cotton market scenario, including import trends, minimum support prices (MSP), and the impact of the government’s extension of duty-free cotton imports.Duty-Free Cotton Imports Surge :- The government’s decision to extend the duty-free import window until December 31, 2025, has given spinning mills a major opportunity to import cotton at zero duty.With domestic cotton prices remaining on the higher side, Indian spinning mills have taken advantage of the situation, importing an estimated 30 lakh bales of cotton ove the coming three months (October to December).Of this total, spinning mills and consumers accounted for about 20 lakh bales, while multinational companies (MNCs) and traders import to we expected around 5–7 lakh bales.“We expect total shipments of around 30 lakh bales to would have arrived in the coming three months,” Ghanatra said.However, uncertainty remains over whether the government will extend the duty-free period further. “Spinning mills are expecting at least a one-month extension, but nothing is confirmed yet,” he added.Farmers Protected by Higher MSP :-The Minimum Support Price (MSP) for cotton has been increased to ₹8,110 per quintal, up from ₹7,500 last year — a hike of ₹600.“This increase ensures that farmers remain protected,” Ghanatra noted.Last year, the Cotton Corporation of India (CCI) procured around 100 lakh bales, roughly one-third of India’s total cotton crop of 312 lakh bales. About 30% of farmers benefited from MSP purchases, while the remaining sold their produce in open markets.This year, CCI is yet to begin large-scale procurement, as officials are waiting for moisture levels in cotton to drop to 8–12%. Recent rains across major cotton-growing regions have delayed this process.“We expect 30–35% of farmers to benefit from MSP procurement this year, while others may get between ₹7,000 and ₹7,500 per quintal, similar to last year,” he said.Market Outlook: Price Pressure Likely to Continue :- According to CAI estimates, India began the current cotton year on October 1 with an opening stock of 61 lakh bales. With an expected new crop production of 315 lakh bales and potential imports of up to 50 lakh bales by September 2026, the market is likely to face continued price pressure.On the global front, ICE futures are trading around 64–65 cents per pound, converting to approximately ₹45,000 per candy, which is considered to be very low side compared to last year.“Until international prices improve, the Indian cotton market will continue to face downward pressure,” Ghanatra concluded.read more :- Farmers agree, government purchase of cotton to begin from November 1
Farmers' demands have been agreed upon, and government cotton procurement will begin on November 1st.Bhiwani. Farmers' demands have been agreed upon, and government cotton procurement will begin on November 1st. This decision was taken on Monday at a meeting between the district administration and farmers' organizations chaired by Deputy Commissioner Sahil Gupta. Representatives of the All India Kisan Sabha and the labor organization CITU participated in the meeting. The various demands contained in the memorandum submitted on October 16th were discussed in detail.The district administration had invited an 11-member delegation from both organizations. The delegation included Kisan Sabha District President Ramfal Deshwal, Vice President Comrade Om Prakash, Dayanand Poonia, District Secretary Master Jagroshan, Joint Secretary Dr. Balbir Thakran, and Meva Singh Arya of the Bharatiya Kisan Union (Nain Group).The meeting primarily addressed the issue of flooding and drainage of waterlogged fields in three dozen villages in the district due to overflow. Farmers stated that sowing of the Rabi crop would not be possible until the waterlogging was removed. They demanded the administration take concrete steps for early evacuation. They also demanded compensation of Rs. 1 lakh per acre for crop loss, compensation for laborers, and compensation for house damage.The farmers demanded the government purchase of millet, cotton, mung beans, and paddy at the support price, the availability of DAP and urea fertilizers as per demand, a ban on black marketing, adequate compensation for power towers and oil pipelines, the release of pending electricity connections, and the prevention of malpractices in crop cutting. They also demanded the immediate implementation of 200 days of MNREGA work at a rate of Rs. 600 per day in flood-affected villages, and an investigation into the Rs. 350 crore insurance fraud and the return of the entire amount, including interest, to the farmers.Deputy Commissioner Sahil Gupta directed all departmental officials to resolve the problems faced by farmers and laborers promptly. He also directed the Roadways Department to issue orders to private bus owners to provide fare concessions to senior citizens and students as per regulations. The DC also directed that tubewell connections be issued on priority and that the Electricity Corporation immediately replace burned-out transformers at its own expense. Agreeing to most of the farmers' demands, he announced that government cotton procurement would begin on November 1st. Farmer leader Santosh Deshwal, Vijay Gothra of the Chaudhary Devi Lal Manch, Ramotar Baliali of the Kisan Sabha, and Subedar Dhanpat Obra were also present on the occasion.read more :- CCI-Maharashtra Federation to jointly procure cotton
CCI and Maharashtra Marketing Federation to Jointly Procure CottonMaharashtra: Nearly five lakh farmers in the state have registered through the Cotton Farmer App for this season’s procurement. However, cotton arrivals remain low, and procurement is yet to begin, said Lalit Kumar Gupta, Chairman of the Cotton Corporation of India (CCI). The Maharashtra State Cooperative Marketing Federation (MSCMF) will partner with the CCI for procurement operations, following the signing of a memorandum of understanding (MoU).At present, cotton prices in the open market range between ₹7,000 and ₹7,500 per quintal. With arrivals expected to increase, the CCI has planned to establish 150 procurement centers across Maharashtra this season.To better estimate arrivals and ensure transparency, the CCI has made registration on the Cotton Farmer Portal mandatory. About five lakh farmers have already registered, and once local market committees verify their details, they will be allotted time slots to bring their produce to the designated procurement centers. Farmers will be able to sell their cotton on any day of the week according to their assigned slot.This year’s procurement process marks a renewed collaboration between the CCI and the MSCMF. Two years ago, the Federation had purchased cotton from the CCI on a commission basis. However, a pending payment of ₹90 crore from the central government—related to an interest differential—has delayed progress. Follow-up efforts have been underway for two years, with the Chief Minister and the State Marketing Minister pursuing resolution. According to Federation sources, once the issue is settled, the process of opening procurement centers will move forward. Of the proposed 150 centers, around 20 to 22 are expected to be operated by the Marketing Federation, pending completion of technical formalities, said Prasannajit Patil, Vice President of MSCMF, Mumbai.“More than five lakh farmers have registered. While cotton has started arriving at CCI centers in other parts of the country, there have been no arrivals in Maharashtra yet. The Cotton Kisan App will help track arrivals accurately,”— Lalit Kumar Gupta, Chairman, Cotton Corporation of India“The registration process on the Cotton Kisan App is simple. However, many farmers have submitted multiple registrations using the same documents. It’s important to consolidate these into a single verified application to save time for market committee staff. The process needs to be simplified,”— Sameer Pendke, Secretary, Market Committee, Wardharead more :- Cyclone Montha likely to hit Kakinada coast today.
Andhra Pradesh: Cyclone Montha headed towards Kakinada, likely to hit the coast by midnight today.KAKINADA: Cyclonic storm Montha in Bay of Bengal was on Monday headed towards Andhra Pradesh, where it’s expected to cross the coast between Machilipatnam and Kalingapatnam after making a landfall near Kakinada around midnight on Tuesday before moving towards southern Odisha.(SIS)The season’s first major storm, currently centred over west-central Bay of Bengal and moving northnorthwestward, is expected to intensify into a “severe cyclonic storm” before making landfall with wind speeds of 90-100 kilometres per hour and gusts up to 110 kmph.Andhra Pradesh govt has put the districts of Kakinada, Konaseema, West Godavari, Eluru and East Godavari on high alert. CM N Chandrababu Naidu has asked officials to prevent any cyclone-related deaths.(SIS)Civil supplies minister Nadendla Manhor, the incharge minister for Eluru, who held a review meeting at Kakinada collectorate on Monday, said 269 rehabilitation centres have been set up with all facilities, while 30 NDRF and 50 SDRF teams have been pressed into service. Earthmovers, tractors and generators with enough fuel stocks have been kept ready.Essential goods and medicines have been kept ready, and holidays have been declared for all educational institutions till Wednesday. All fishing boats have been recalled from the sea," he said.(SIS)While Andhra Pradesh will bear the brunt of the storm, with red and orange alerts issued for 23 districts, the south-coastal districts of neighbouring Odisha are likely to witness heavy rainfall and strong winds. The northern districts of Tamil Nadu, including Chennai, are expected to receive heavy rains.Meanwhile, in Odisha, the state govt on Monday evacuated 3,000 people from vulnerable areas as the storm triggered rain across Bhubaneswar and southern parts of the state.Among those evacuated are 1,496 women in advanced stages of pregnancy, who have been shifted to hospitals.As many as 140 teams from NDRF, ODRAF and fire services personnel have been deployed, while schools and anganwadi centres have been shut in eight red zone districts till Thursday.(SIS)Authorities are closely monitoring Gajapati, Rayagada, Koraput and Malkangiri districts for possible landslides.read more :- Konda Surekha appeals to farmers to bring good quality cotton
Telengana : Konda Surekha Asks Farmers to Bring Good Cotton for Best PriceWarangal: Endowment minister Konda Surekha urged the farmers to bring high-quality cotton to the market to secure the best price and assured them that every bag of cotton brought will be purchased by the government inaugurating the Cotton Corporation of India (CCI) procurement centre established by the marketing department here at the Enumamula Market Yard in Warangal on Monday. Speaking on the occasion, minister Surekha highlighted the government’s efforts to prevent farmers from losing money due to moisture content, announcing that a committee has been formed to inspect moisture levels which influence the price. She said that the Chief Minister A. Revanth Reddy and agriculture minister Tummala Nageshwara Rao are taking all necessary steps to ensure hassle-free procurement of not just cotton, but also paddy and maize.She instructed the officials to use the moisture meters available with agriculture officers to test the cotton moisture at the farmer’s fields to prevent any harassment. The minister issued a stern warning that the government will take strict action against anyone attempting to cause losses to cotton farmers in the name of moisture. The government has set the MSP at Rs 8,100 per quintal for cotton, with a quality standard that moisture content should not exceed 8 per cent. Farmers were advised to dry their cotton at home to ensure quality before bringing it to the CCI centres. Payments will be directly deposited into the farmer’s bank account within three to five days of sale, she added. The minister said that to facilitate a smooth selling process, the government has arranged for online registration through agricultural extension officers (AEOs) and introduced the Kisan Kapas App. For any issues, farmers can contact the toll-free numbers 1800 599 5779 or the WhatsApp number 889728 11111.read more :- Rupee opens 08 paise down at 88.32
Rupee opens 08 paise down at 88.32Indian rupee opened lower at 88.32 per dollar on Tuesday versus previous close of 88.24.read more :- Telangana demands raising the moisture limit in cotton to 20%
Telangana Urges Centre to Raise Cotton Moisture Limit to 20%The Telangana government has urged the central government to raise the permissible upper limit of moisture content in cotton from the current 12% to 20%, citing the state’s prevailing weather conditions during the harvest season.In a letter to Union Textiles Minister Giriraj Singh, Telangana Agriculture Minister Tummala Nageswara Rao said that due to high humidity in October and November, the moisture content in freshly picked cotton naturally ranges between 12% and 20%. However, as per existing norms, the Cotton Corporation of India (CCI) procures cotton only with moisture content between 8% and 12%.“Because of this restriction, farmers are unable to sell their produce at the Minimum Support Price (MSP),” Rao wrote, appealing to the Centre to raise the upper limit to 20% to ensure fair procurement.The minister also noted that although total cotton output in Telangana is likely to decline marginally this year, global cotton prices have also weakened, putting additional pressure on farmers’ incomes. He expressed hope that the CCI would continue procurement at MSP during the ongoing marketing season.Cotton is cultivated on 18.59 lakh hectares across Telangana, with an estimated production of 28.29 lakh tonnes this year. The state ranks third in cotton cultivation nationally—after Maharashtra (38.42 lakh hectares) and Gujarat (20.81 lakh hectares)—followed by Rajasthan (6.28 lakh hectares) and Andhra Pradesh (4.13 lakh hectares).read more :- Rupee fell 38 paise to close at 88.24 per dollar
The Indian rupee on monday lower 38 paise to close at 88.24 per dollar, while it opened at 87.86 in the morning.At close, the Sensex was up 566.96 points or 0.67 percent at 84,778.84, and the Nifty was up 170.9 points or 0.66 percent at 25,966.05. About 1925 shares advanced, 1994 shares declined, and 155 shares unchanged.read more :- "Farmers are angry as procurement at MSP has not started in Suratgarh."
Cotton Arrivals at Suratgarh Grain Market: Farmers Dissatisfied With the Non-Start of Procurement at MSPSuratgarh's new grain market is currently witnessing a heavy influx of cotton, but procurement at the Minimum Support Price (MSP) has not yet begun, causing concern among farmers. The price of cotton in the market is currently hovering between ₹7,000 and ₹7,500 per quintal.According to agricultural experts, the MSP for cotton for the 2025-26 Kharif season has been set at ₹7,710 per quintal for medium-staple and ₹8,110 per quintal for long-staple. Farmers believe that if procurement at MSP had begun earlier, the market could have seen a further boom.This year, Bt cotton sowing in the Suratgarh area has increased compared to last year. While canal blockades caused water shortages in most tehsils of the district, farmers in Suratgarh used tube wells to irrigate their fields. Of the 10 cotton factories in the region, 6-7 have begun operations.Assistant Agriculture Officer Mahendra Kuldiya stated,This year, production in the Suratgarh region has increased by one to two quintals per acre. Compared to last year, cotton was sown on 32,240 hectares, an increase of 7,681 hectares.Farmers Netram, Surjaram, and Kashiram say that the CCI is promising to begin procurement on Monday, but if it had been earlier, farmers could have received an additional benefit of 500-600 rupees per quintal. Factory operators Bhanwarlal Sharma and Harish Kumar say that this year's season is likely to be good.The market receives 1,800 to 2,300 quintals of cotton daily, which is going directly to the factory. Meanwhile, CCI Quality Inspector Rakesh Meena said that procurement at the government rate is likely to begin on Monday.read more :- "Sharp decline in cotton production: A new challenge for the agriculture sector"
A Sharp Decline in Cotton ProductionShri Kshetra Mahur, Mahur taluka: Excessive rainfall, polluted environment, and the outbreak of various diseases have led to a sharp decline in cotton production, shattering the dreams of farmers who dreamed of a good season and a healthy livelihood. The CCI procurement center has not yet opened. Private traders are taking advantage of this opportunity and purchasing the farmers' white gold at extremely low prices.Heavy rains in Mahur taluka in August caused cotton leaves to turn yellow at peak season, causing excessive flower and bud shedding. Strong winds, coupled with the rain, uprooted more than half the trees, causing buds to fall in their final stages. These factors have led to a sharp decline in cotton production. Due to the Diwali festival and the CCI's failure to open its cotton procurement center at the required time, private traders are purchasing cotton at exorbitant prices, which farmers are complaining about.I have a 7-acre farm in survey number 154 in Papalwadi Shivrat and I have spent Rs 1.5 lakh on cotton and the income is only Rs 65,000, so nothing has been done,” said farmer Shiv Ramdhan Jadhav. *Will the government start CCI centres to buy cotton only from private traders, is an angry question raised by progressive farmer Prashant Bhoopi Jahagirdar.read more :- "The Cotton Revolution: Breaking the Fabric of India"
| title | Created At | Action |
|---|---|---|
| INR Gains 01 Paise, Closes at 88.20 per Dollar | 29-10-2025 22:39:33 | view |
| Trump says India-US trade deal could happen soon | 29-10-2025 22:13:57 | view |
| CCI allows Balanagar farmers to sell cotton in Shadnagar | 29-10-2025 18:32:36 | view |
| Rain destroys cotton crop, farmers worried | 29-10-2025 18:02:43 | view |
| Rupee opened 05 paisa stronger at 88.21 | 29-10-2025 17:25:54 | view |
| INR Gains 06 Paise, Closes at 88.26 per Dollar | 28-10-2025 22:41:48 | view |
| CAI President discusses cotton market trends and import policy | 28-10-2025 22:19:47 | view |
| Farmers agree, government purchase of cotton to begin from November 1 | 28-10-2025 19:58:27 | view |
| CCI-Maharashtra Federation to jointly procure cotton | 28-10-2025 19:33:39 | view |
| Cyclone Montha likely to hit Kakinada coast today. | 28-10-2025 19:19:08 | view |
| Konda Surekha appeals to farmers to bring good quality cotton | 28-10-2025 18:26:07 | view |
| Rupee opens 08 paise down at 88.32 | 28-10-2025 17:33:11 | view |
| Telangana demands raising the moisture limit in cotton to 20% | 27-10-2025 23:56:10 | view |
| Rupee fell 38 paise to close at 88.24 per dollar | 27-10-2025 22:46:18 | view |
| "Farmers are angry as procurement at MSP has not started in Suratgarh." | 27-10-2025 20:10:34 | view |
| "Sharp decline in cotton production: A new challenge for the agriculture sector" | 27-10-2025 19:47:30 | view |
