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On Friday, the Indian rupee opened 4 paise higher against the dollar at 95.66, whereas it had closed at 95.70 on Thursday.The BSE Sensex rose 0.21% to 77,701.07, while the Nifty 50 climbed 0.22% to reach 24,284.05.Read More :-  Rupee weakens by 13 paise against the dollar to close at 95.70

On Thursday, the Indian rupee weakened by 13 paise against the US dollar to close at 95.70 per dollar.The rupee opened at 95.57 per dollar, showing a decline compared to the previous trading session. The domestic currency witnessed fluctuations during the trading day. Ultimately, the rupee settled at the 95.70 level, marking a drop of 13 paise from its previous closing price.At close, the Sensex was up 628.04 points or 0.82 percent at 77,537.72, and the Nifty was up 153.55 points or 0.64 percent at 24,231.85. About 2367 shares advanced, 1778 shares declined, and 173 shares unchanged.read more :- US Cotton Industry Seeks New Demand

New Demand Boosts US Cotton IndustryThe US cotton industry is striving to boost demand and create new opportunities for farmers, processors, and manufacturers. Demand for US cotton has seen limited growth over the past two decades. During this period, synthetic fibers like polyester and nylon have expanded their market share, as they are often cheaper and easier to process. Simultaneously, rising cotton production in countries like Brazil has intensified competition for US farmers.This shift has also impacted the number of cotton gins; the decline in ginning facilities across the US reflects sluggish demand and changing market conditions.Amidst these challenges, the industry is backing the 'Buying American Cotton Act.' The proposed legislation aims to provide tax credits to manufacturers who use certified US cotton. Companies that manufacture cotton-based products in the US and sell them in the domestic market are expected to receive additional incentives.Leaders at the National Cotton Council believe that this measure could not only boost the use of US cotton but also encourage domestic value addition and investment. It is likely to drive increased investment in cotton production and processing facilities.Concurrently, the 'Plant Not Plastic' campaign is highlighting the environmental benefits of natural fibers. Amid growing concerns regarding microplastics associated with synthetic fabrics, emphasis is being placed on the biodegradable nature of cotton. The industry hopes that rising consumer awareness and domestic demand will revitalize the US cotton sector.read more :- Maharashtra Cotton Targets Global Markets

Maharashtra’s Cotton to Reach Global Markets via ‘Farm to Foreign’ InitiativeThe state government is promoting the ‘Farm to Foreign’ initiative to take cotton produced in Maharashtra—and products made from it—directly to overseas markets. The government aims to develop Maharashtra into a global export hub. Deputy Chief Minister Eknath Shinde stated that under the ‘Farm to Foreign’ concept, the entire supply chain—from cotton production to the global fashion market—will be strengthened.Speaking at the ‘Farm to Foreign Conclave 2026’ organized by ASSOCHAM at the Jio World Centre, Shinde said that the state government is working on the ‘5F’ concept to advance Prime Minister Narendra Modi’s vision of ‘Viksit Bharat 2047’ (Developed India 2047). Under this framework, the agriculture and textile sectors will be linked to the global market through stages such as ‘Farm to Fibre,’ ‘Fibre to Factory,’ ‘Factory to Fashion,’ and ‘Fashion to Foreign.’The initiative aims to gain global recognition for Maharashtra’s cotton, silk, jute, and fruits, and to establish them as international brands.The PM MITRA Park in Nagpur and the Amravati Textile Cluster will play a pivotal role in developing Maharashtra into a leading textile hub for the country. Additionally, readymade garment clusters are being established in major textile centers like Ichalkaranji, Solapur, and Bhiwandi.Shinde emphasized that the government’s focus is not merely on increasing production but also on making the industry ‘green, digital, and transparent.’ Through this approach, efforts are underway to integrate production, processing, manufacturing, and exports, thereby taking Maharashtra’s agricultural and textile products to global markets.read more :- The rupee strengthened by 19 paise against the dollar to open at 95.57.

On Thursday, the Indian rupee opened 19 paise higher against the dollar at 95.57, compared to its previous close of 95.76 on Wednesday.The BSE Sensex opened at 77,468.45, having previously closed at 76,909.68. It was trading at 77,451.62, marking a gain of 541.94 points or 0.70 percent.The Nifty 50 opened at 24,225.45 and was trading at 24,196.80, up 0.49 percent. Gains were also observed in the broader market, with the Nifty Midcap and Smallcap indices rising by approximately 0.5–0.6 percent.Read More :-   Brazil Cotton Exports Jump 21.8%

Brazil's Cotton Exports Rise 21.8% to 155,000 Tonnes in JulyBrazil's cotton exports rose to 155,000 metric tonnes in July 2026, a 21.8% increase from the 127,200 metric tonnes recorded in July 2025. These exports generated $262.4 million in revenue for the country, marking a 27.2% year-on-year increase in export earnings. The average export price also rose by 4.5% to $1.70 per kilogram (FOB).Bahia, Brazil's second-largest cotton-producing state, exported 23,900 metric tonnes of cotton in July, up from 21,400 metric tonnes in the same month last year. According to Abapa, Bahia's cotton growers' association, the rise in exports is primarily driven by an expansion in cultivated area, particularly in irrigated regions. This has helped boost productivity while maintaining cotton quality.Anea, Brazil's national cotton exporters' association, anticipates a further acceleration in export shipments in the coming months. The association notes that the harvesting of the 2025/26 crop is approaching historical averages, which is expected to ramp up ginning activities and increase the availability of cotton for export. A significant rise in shipments could occur starting in September.Bangladesh was the largest buyer of Brazilian cotton in July, accounting for a 19.3% share of total shipments. It was followed by Vietnam (17.7%), Turkey (17.3%), and Pakistan (14.5%). India's share stood at 9.6%.In July, cotton accounted for 0.77% of Brazil's total exports and 3.35% of its agricultural product exports.read more :- IMD Forecasts Heavy Rain in 20 States

IMD Rain Alert: Rainfall across 20 states; very heavy rain forecast for UP and MPThe India Meteorological Department (IMD) issued a forecast on Thursday predicting widespread rainfall across several parts of the country. Heavy to very heavy rainfall is likely in many areas of North, Central, East, and Northeast India. Particular caution is advised for Uttar Pradesh, Madhya Pradesh, and Uttarakhand.Very heavy rainfall is likely at isolated places in East Madhya Pradesh between Thursday and August 22. A wet spell is expected to continue in parts of the state until August 25. Meanwhile, heavy rainfall is likely at several places in West Madhya Pradesh between August 20 and 23.Widespread rainfall is expected in the western parts of Uttar Pradesh, while heavy rain is forecast for the eastern region until August 22; isolated places may experience very heavy rainfall.Widespread rainfall is likely in Uttarakhand until August 25. During this period, some areas may witness heavy rain accompanied by thunderstorms and lightning. Heavy rainfall is also expected in Himachal Pradesh and Jammu & Kashmir on Thursday.Widespread rainfall is forecast for Chhattisgarh on Thursday and Friday, with the possibility of heavy rain, thunderstorms, and lightning in some areas. Heavy rain accompanied by strong winds, thunderstorms, and lightning is also likely in Jharkhand and Bihar.Rainfall will continue in the northeastern states as well. Heavy rain is likely at isolated places in Arunachal Pradesh, Assam, and Meghalaya until August 25.Widespread rainfall is also forecast for Konkan-Goa and coastal Karnataka. Heavy rain may occur in parts of Kerala, Tamil Nadu, and Maharashtra.The IMD has advised fishermen to exercise caution in the Arabian Sea, the Bay of Bengal, and the adjoining coastal areas.read more :- Rupee weakens by 05 paise against the dollar to close at 95.76

On Wednesday, the Indian rupee weakened by 05 paise against the US dollar to close at 95.76 per dollar.The rupee opened at 95.71 per dollar, showing a decline compared to the previous trading session. The domestic currency witnessed fluctuations during the trading day. Ultimately, the rupee settled at the 95.76 level, marking a drop of 05 paise from its previous closing price.At close, the Sensex was down 325.78 points or 0.42 percent at 76,909.68, and the Nifty was down 76.60 points or 0.32 percent at 24,078.30. About 1725 shares advanced, 2386 shares declined, and 179 shares unchanged.read more :- Telangana Seeks Easier CCI Cotton Procurement

Telangana Asks CCI to Simplify Cotton Procurement ProcessThe Telangana government has urged the Cotton Corporation of India (CCI) to make the cotton procurement process in the state easier and smoother for farmers. The CCI is currently making preparations ahead of the arrival of cotton at designated procurement centers.Agriculture Minister Tummala Nageswara Rao stated that while there were apprehensions of a decline in cotton cultivation acreage due to the impact of El Niño, the state has actually seen an increase of approximately 3 lakh acres (1.21 lakh hectares) in cotton acreage. He asked the CCI to streamline the procurement process and ensure farmers face no difficulties, assuring them of all possible cooperation from the state government.The Minister urged mill owners to commence operations within the next 2–3 weeks to handle the anticipated rise in cotton arrivals in a timely manner.Despite concerns regarding potential reductions in acreage and production due to delayed and erratic rainfall, farmers in Telangana have sown crops across a total of 47.71 lakh acres (19.31 lakh hectares) this Kharif season. This figure is close to the state's normal Kharif acreage.The government has directed officials to constitute district-level monitoring committees, which will also include farmers.However, farmers have complained about difficulties encountered while booking slots on the app designated for cotton procurement. Rambabu, a farmer from Khammam district, explained that while slots were previously available for *mandal*-wise procurement centers, they are now being allocated on a district-wise basis, causing inconvenience to farmers.Farmers note that the problem of weed infestation has been reduced due to scanty rainfall. Following these complaints, the Minister asked the CCI to make the ‘Kisan Cotton’ app simpler and more user-friendly, incorporating suggestions from the farmers.read more :- The rupee opened 3 paise weaker against the dollar at 95.71.

On Wednesday, the Indian rupee opened at 95.71 against the dollar, down 3 paise from its previous close of 95.68 on Tuesday.The BSE Sensex opened 17.41 points lower at 77,218.05, while the Nifty opened at 24,152.05, down 2.85 points. In the previous trading session, the Sensex had closed at 77,235.46 and the Nifty 50 at 24,154.90.Read More :-  Rupee weakens by 01 paise against dollar, closes at 95.68

The Indian rupee weakened by 01 paise against the US dollar on Tuesday, closing at 95.68 per dollar.The rupee opened at 95.67 per dollar and witnessed fluctuations during the trading session. The domestic currency eventually settled at 95.68 per dollar, marking a decline of 01 paise from the previous close.At close, the Sensex was down 492.70 points or 0.63 percent at 77,235.46, and the Nifty was down 132.75 points or 0.55 percent at 24,154.90. About 1860 shares advanced, 2258 shares declined, and 172 shares unchanged.read more :-  Cotton, Soybean Lead Amravati Kharif Sowing