Rupee opens 58 paise down at 86.18 against the US dollarRupee Vs Dollar: Rupee under heavy pressure amid Israel-Iran tensions, Rupee open falls 58 paise to 86.18read more :- China lowers 2024/25 cotton imports forecast in June
Chinese Cotton Import Forecast DipsChina's agriculture ministry has lowered its forecast for cotton imports in the 2024/25 crop year by 300,000 metric compared to last month in its June outlook, a government crop estimates report showed on Thursday.Cotton imports during the season are now expected to total 1.2 million tons, down due to the U.S. tariffs, the Chinese Agricultural Supply and Demand Estimates (CASDE) report said.As a result, the forecast for cotton stocks at the start of the 2025/26 crop year was lowered by 3.61% from previous estimates, to 8.01 million tons.Meanwhile, the sugar production forecast for the 2024/25 crop year was revised upward by 10,000 tons, reaching 11.16 million tons.read more :- Indian Rupee lower 17 Paisa, Ends at 85.60 per Dollar
Rupee lower 17 Paise Against USD, Closes at 85.60The Indian rupee on thursday lower 17 paise to close at 85.60 per dollar, while it opened at 85.43 in the morning.At close, the Sensex was down 823.16 points or 1.00 percent at 81,691.98, and the Nifty was down 253.20 points or 1.01 percent at 24,888.20. About 1249 shares advanced, 2606 shares declined, and 134 shares unchanged.read more :- Massive jump in Kharif sowing in Maharashtra – 1.27 lakh hectares sowing by 12 June 2025
Kharif Surge: Maharashtra Hits 1.27 Lakh HactaresThis year, sowing of Kharif crops has picked up a strong pace in Maharashtra. So far, Kharif crops have been sown in 1,27,709 hectares*, which is 75,967 hectares more than 51,742 hectares* at the same time last year. This information has been released by Smart Info Services.There has been a huge increase in the sowing of cotton. Compared to 40,041 hectares last year, this year sowing has been done in 85,089 hectares, which is an increase of 45,048 hectares.Pulses cultivation has seen unprecedented growth:Foodgrains witnessed mixed growth:Oilseeds cultivation also saw tremendous growth:Soybean: 389 → 13,118 hectares (+12,729)* Other crops like groundnut, sunflower etc. also started# Category-wise total sown area (in hectares):* Total Cereals: 10,746 (increase of only 1 hectare)* Total Pulses: 18,580 (increase of 18,013 hectares)* Total Oil Seeds: 13,294 (increase of 12,905 hectares)* Cotton: 85,089 (increase of 45,048 hectares)# Agricultural experts Opinion:Experts believe that timely rains, expectation of better minimum support price (MSP) and changing priorities of farmers are the main reasons for this increase. Falling paddy sowing could be an indication of water shortage or market conditions.read more :- Tamil Nadu: Cotton auction in Mayiladuthurai to begin at regulated markets from June 16
Tamil Nadu Cotton Auction from June 16To increase the income of cotton farmers and ensure fair prices, the Tamil Nadu government will begin procuring cotton through the electronic National Agriculture Market (e-NAM) platform from June 16. The auction will be held at four regulated market yards in Mayiladuthurai district - Kuthalam, Mayiladuthurai, Sembanarkoil and Sirkazhi.Cotton growers have been advised to bring clean, well-dried cotton to the yard to segregate high-quality produce from the rest, Collector H.S. Sreekanth said in a statement. Farmers were requested not to use plastic sacks for transportation to ensure correct weight and better price during the auction.To participate, farmers have to bring a copy of their Aadhaar card and bank passbook and register at the market yard. The Cotton Corporation of India and ginning mill owners from districts including Tirupur, Coimbatore, Cuddalore, Villupuram, Theni, Dindigul, Thanjavur and Kumbakonam have been informed and invited to join the procurement process.The cotton auction will be held weekly at scheduled times in four market yards. For specific queries about the auction, farmers can contact the respective market yard for guidance and information, Mr. Srikanth said.read more :- INR Opens Stronger by 8 Paise at 85.43
Rupee Gains 8 Paise, Opens at 85.43/USDIndian rupee opened marginally higher at 85.43 per dollar on Thursday versus Wednesday's close of 85.51.read more :- Trump announces breakthrough trade deal with China; Beijing to supply ‘magnets, rare earths’
Trump announces breakthrough trade deal with China; Beijing to supply ‘magnets, rare earths’US President Donald Trump on Wednesday announced that an agreement had been reached between Washington and Beijing following two days of intense trade negotiations. Central to the deal is China’s commitment to supply the United States with essential magnets and any necessary rare earth materials, a critical issue that had previously stalled talks in London.According to Donald Trump's statement US in return will permit Chinese students to continue their studies at American colleges and universities, a move welcomed by both sides. However, the agreement remains subject to final approval by President Trump and Chinese President Xi Jinping.“Our deal with China is done, subject to final approval with President Xi and me. Full magnets, and any necessary rare earths, will be supplied, up front, by China. Likewise, we will provide to China what was agreed to, including Chinese students using our colleges and universities (which has always been good with me!). We are getting a total of 55% tariffs, China is getting 10%. Relationship is excellent! Thank you for your attention to this matter!” Trump wrote on Truth Social.read more :- INR higher 01 Paise, Closes at 85.51 per Dollar
The Indian rupee on wednesday higher 01 paise to close at 85.51 per dollar, while it opened at 85.52 in the morning.At close, the Sensex was up 123.42 points or 0.15 percent at 82,515.14, and the Nifty was up 37.15 points or 0.15 percent at 25,141.40. About 2173 shares advanced, 1730 shares declined, and 120 shares unchanged.read more :- Maharashtra: Cotton Cultivation Advance sowing Cultivation in Girna Kath Area
Early Cotton Sowing in Girna Kath, MaharashtraAdvance sowing cultivation on drip irrigation starts every year by the end of May in the villages of Girna Kath in Nandgaon taluka. This year it has already started. However, the area under cultivation is expected to decrease this year. Local farmers said that farmers are inclined towards maize crop as an alternative to cotton crop.Last year, farmers had to face difficulties due to water shortage. In such a situation, cotton cultivation was done on drip irrigation in this area. This year there has been pre-monsoon rain. Since the water storage is satisfactory, farmers have started cultivation. However, it is estimated that this area will be less than the average compared to every year.Cotton seeds were sold from May 16 this year. Accordingly, cultivation has started after the seeds became available. Cultivation is being done in Borale, Amod, Girna Dam area, Malgaon and surrounding villages of Nandgaon taluka. This is because the demand for maize is increasing and fodder and losses are less.Along with this, due to the shortage of laborers, the trend of farmers towards cotton crop is decreasing this year. Apart from this, due to damage to the cotton crop due to post-monsoon rains, farmers have given preference to alternative crops.Inclination towards maize cropFarmers in the eastern part of the district are showing inclination towards maize crop as compared to cotton cultivation. Due to getting less price than the minimum support price last year, farmers are not enthusiastic about farming. Therefore, cultivation is expected to be less this year.Cotton cultivation has increased this year as compared to last year. There is a demand for maize, but our family has increased the area, because the farmers of the area have reduced cotton cultivation.read more :-Telangana: Karimnagar cotton farmers await rains after sowing begins
Rain Delay Worries Karimnagar Cotton FarmersKarimnagar : Cotton farmers in the district are eagerly awaiting rains, having prepared their fields and, in some cases, even sowed seeds early based on the India Meteorological Department's forecast of an early arrival of the monsoon. Encouraged by consistent pre-season rains and high yields from last year's early sowing, many farmers had begun cultivating cotton much earlier.The Centre's announcement of a hike in the minimum support price (MSP) for cotton by Rs 489 this season further boosted their optimism, leading more farmers to opt for the crop.However, their hopes have been dashed as the weather has turned dry with no rains since the past week. The early-sown cotton seeds are at risk of wilting if there is no rain in the coming days.Many farmers are now pinning their hopes on the forecast of rains in the next four days.Meanwhile, agriculture department officials have warned farmers not to sow in the prevailing drought conditions. They have advised to delay cultivation till adequate rainfall is recorded.According to the agriculture department, out of the targeted 48000 acres for this Kharif season, cotton has been cultivated in about 28000 acres so far.read more :- Maharashtra: Shortage of cotton seeds and DAP fertilizer in Akola, 'brake' on farmers' preparations?
Akola Cotton Season Delayed by Supply WoesKharif Season : With the Kharif sowing season approaching, farmers in Akola district are facing a huge shortage of cotton seeds along with DAP fertilizer. Farmers are in a dilemma due to the supply being much less than the demand. If the stock is not available on time, there is a possibility of delay in sowing and adverse effect on production. (Kharif Season)As the sowing time of Kharif season approaches, there is a shortage of the most demanded cotton seeds and 'DAP' fertilizer in the district. This situation is creating a big obstacle in the preparation of thousands of farmers. (Kharif Season)Due to inadequate stock of seeds and fertilizers, the concern of farmers preparing for the Kharif season has increased significantly. If the government and fertilizer manufacturing companies do not meet the demand on time, then there is a possibility of delay in sowing. This may also affect the production, market price and income of farmers in the upcoming season. (Kharif Season)Current status of seed and fertilizer stockDemand for cotton seed: 3 lakh packetsAvailability (till June 7): Only 1,12,000 packetsCurrently available: Only 1,000 packetsIt is not clear yet when the seed stock will be available. Will the sowing date have to be postponed till the stock is available as per the demand? This has worried the local farmers.Status of 'DAP' fertilizer supplyDemand: 25 thousand metric tonsAvailability (current): 4 thousand metric tonsCurrent direct stock: only 1,300 metric tonsWill the difficulties of farmers increase?* Risk of delayed sowing* Impact on cotton production* Potential risk of black marketing* Economic impact due to low productionFollow-up action is being taken with the Agriculture Commissionerate as well as the concerned company to ensure the supply of cotton seed and DAP fertilizer, which are most in demand in the district.read more :- Rupee opens 10 paise up at 85.52 against the dollar
Indian rupee opens 10 paise higher at 85.52 against US dollar.The local currency opened at 85.52 against the dollar after ending the previous session at 85.62.read more :- Rupee Ends Flat at 85.62/USD
Indian rupee ended flat at 85.62 per dollar on Tuesday versus morning 's open of 85.62.At close, the Sensex was down 53.49 points or 0.06 percent at 82,391.72, and the Nifty was up 1.05 points at 25,104.25. About 2160 shares advanced, 1723 shares declined, and 136 shares unchanged.read more :- Punjab: Area under cotton up 20%, says Khudian
Punjab Records 20% Rise in Cotton Sowing: KhudianThe cotton cultivation in Punjab during the current kharif season has witnessed a 20% increase, taking the area under cotton from 2.49 lakh acres last year to 2.98 lakh acres this year, an increase of over 49,000 acres. Punjab minister of agriculture and farmers welfare Gurmeet Singh Khudian informed this on Monday.Chairing a meeting to review the ongoing kharif season and departmental projects here, Khudian said Fazilka district leads in cotton cultivation with 60,121 hectares, followed by Mansa (27,621 hectares), Bathinda (17,080 hectares) and Muktsar (13,240 hectares).The agriculture minister said that the Punjab government would provide a 33% subsidy on cotton seeds to growers with over 49,000 farmers having already registered online. He directed the chief agriculture officers to ensure all cotton growers complete online registration by June 15.Read More :- Rupee opens 01 paise higher at 85.62 against dollar
Rupee rises 01 paise to 85.62 against US dollar in early tradeIndian rupee opened flat at 85.62 per dollar on Tuesday versus Monday's close of 85.63.read more :- Maharashtra's first technical textile park to come up in Dharashiv
Maharashtra's first tech textile park in DharashivMaharashtra is setting up its first technical textile park in Dharashiv (Osmanabad) district of Marathwada region. The textile park will be built on 308 acres in Kaudgaon MIDC and an outlay of Rs 118 crore (US$ 13.76 million) has been planned for it.The first phase of the project costing Rs 16 crore (US$ 1.86 million) has already begun, which was inaugurated by BJP MLA Rana Jagjitsinh Patil. Many renowned businesses from across the world are contributing crores to this initiative, which will provide employment to many residents of Dharashiv.The Kaudgaon area is strategically located for this textile park. It is located 13 km from Dharashiv town and Dharashiv railway station and has excellent connectivity to major road networks, with SH 65 Dharashiv-Barshi being at a distance of 3 km.Kaudgaon MIDC gets power from MSEDCL 33/11 kV substation located at a distance of 5 km and Mahagenco's 50 MW solar park is present near the textile park. Reliance gas pipeline of 600 mm diameter is available near the park. Ujani dam is a source of water for the park which has provision of 20 MLD water supply.read more :- Kharif 2025 sowing starts at a slow pace in Gujarat, groundnut and cotton take lead
Kharif season begins sluggishly in Gujarat, groundnut and cotton aheadKharif 2025 sowing operations have begun in Gujarat, but so far only 77,067 hectares of area has been sown, which is a mere 0.90% of the state's average kharif sowing (8.56 million hectares). According to the latest report of the state agriculture department, sowing of groundnut, cotton and vegetables has seen partial progress, while major cereal crops are still missing from the fields. Groundnut and cotton sowing leadsGroundnut is leading the way at the start of kharif, with 31,110 hectares sown so far (1.78% of the normal area). Cotton has also performed well, with 34,011 hectares sown (1.34%). Vegetables have been sown in 5,144 hectares, the highest in percentage terms (1.96%). Oilseeds and other cropsThe total sown area of oilseeds is 31,225 hectares, with groundnut accounting for the largest share. Sowing of soybean and castor is negligible — 52 and 88 hectares, respectively.read more :- Rupee strength 03 Paisa, Closes at 85.63
Rupee higher 03 Paisa Against Dollar, Closes at 85.63The Indian rupee on monday higher 03 paise to close at 85.63 per dollar, while it opened at 85.66 in the morning.At close, the Sensex was up 256.22 points or 0.31 percent at 82,445.21, and the Nifty was up 100.15 points or 0.40 percent at 25,103.20. About 2667 shares advanced, 1374 shares declined, and 126 shares unchanged. read more :- Rupee falls 3 paise at open to 85.66 against US dollar
Rupee Opens 3 Paise Lower at 85.66/USDIndian rupee opened marginally lower at 85.66 per dollar on Monday against Friday's previous close of 85.63.read more :- Monsoon Takes a Breather: Scattered Rains to Linger Over Maharashtra, Heavy Showers Likely After June 12
Maharashtra Monsoon Pauses, Wet Spell Expected After June 12Maharashtra witnessed moderate to heavy rain during the last week of May, particularly over coastal regions including Mumbai. This early bout of rainfall led to the monsoon’s premature arrival over Mumbai on May 26, nearly two weeks ahead of its normal onset date of June 10.Official monsoon rainfall records begin from June 1 each year. However, between June 1 and June 4, rainfall over Maharashtra has remained below expectations. Despite the subdued activity, scattered light to moderate showers have continued across several parts of the state.Region-wise data indicates a mixed pattern—while Konkan & Goa is currently in surplus by about 10%, interior regions have seen a significant shortfall: Madhya Maharashtra is deficient by 77%, Marathwada by 97%, and Vidarbha by 72%.Looking ahead, light to moderate rain is likely to continue over Konkan & Goa, Madhya Maharashtra, and isolated parts of Marathwada over the next 2 to 3 days. Western parts of Vidarbha may witness brief spells of rain, while the eastern districts are expected to remain mostly dry during this period.A temporary decline in rainfall activity is anticipated between June 9 and June 11, which could result in a noticeable rise in day temperatures across the state.The monsoon is expected to regain momentum from June 12 onward. As it becomes more active, moderate to heavy showers are likely to resume over many parts of Maharashtra, facilitating further advancement of the monsoon into North Madhya Maharashtra and central parts of Vidarbha.read more :- Rupee higher 22 Paisa Against Dollar, Closes at 85.63
| title | Created At | Action |
|---|---|---|
| Rupee Falls 58 Paise to 86.18 vs Dollar | 13-06-2025 17:32:36 | view |
| China lowers 2024/25 cotton imports forecast in June | 12-06-2025 23:41:12 | view |
| Indian Rupee lower 17 Paisa, Ends at 85.60 per Dollar | 12-06-2025 22:46:45 | view |
| Massive jump in Kharif sowing in Maharashtra – 1.27 lakh hectares sowing by 12 June 2025 | 12-06-2025 19:54:26 | view |
| Tamil Nadu: Cotton auction in Mayiladuthurai to begin at regulated markets from June 16 | 12-06-2025 19:11:53 | view |
| INR Opens Stronger by 8 Paise at 85.43 | 12-06-2025 17:21:00 | view |
| Trump announces breakthrough trade deal with China; Beijing to supply ‘magnets, rare earths’ | 12-06-2025 01:37:01 | view |
| INR higher 01 Paise, Closes at 85.51 per Dollar | 11-06-2025 22:44:34 | view |
| Maharashtra: Cotton Cultivation Advance sowing Cultivation in Girna Kath Area | 11-06-2025 19:27:16 | view |
| Telangana: Karimnagar cotton farmers await rains after sowing begins | 11-06-2025 18:50:24 | view |
| Maharashtra: Shortage of cotton seeds and DAP fertilizer in Akola, 'brake' on farmers' preparations? | 11-06-2025 18:17:23 | view |
| Rupee opens 10 paise up at 85.52 against the dollar | 11-06-2025 17:15:15 | view |
| Rupee Ends Flat at 85.62/USD | 10-06-2025 22:58:26 | view |
| Punjab: Area under cotton up 20%, says Khudian | 10-06-2025 20:01:10 | view |
| Rupee opens 01 paise higher at 85.62 against dollar | 10-06-2025 17:21:03 | view |
| Maharashtra's first technical textile park to come up in Dharashiv | 10-06-2025 00:16:24 | view |
| Kharif 2025 sowing starts at a slow pace in Gujarat, groundnut and cotton take lead | 09-06-2025 23:26:52 | view |
| Rupee strength 03 Paisa, Closes at 85.63 | 09-06-2025 23:00:37 | view |
| Rupee falls 3 paise at open to 85.66 against US dollar | 09-06-2025 17:17:31 | view |
| Monsoon Takes a Breather: Scattered Rains to Linger Over Maharashtra, Heavy Showers Likely After June 12 | 07-06-2025 01:04:09 | view |
