The Indian rupee on wednesday lower 12 paise to close at 86.47 per dollar, while it opened at 86.35 in the morning.At close, the Sensex was down 138.64 points or 0.17 percent at 81,444.66, and the Nifty was down 41.35 points or 0.17 percent at 24,812.05. About 1486 shares advanced, 2342 shares declined, and 131 shares unchanged.read more :- Maharashtra: Cotton acreage likely to decrease this year
Cotton Output Area May Shrink in MaharashtraAurangabad : Farmers of Chhatrapati Sambhajinagar had to sell the cotton stored at home for several months at a price lower than the guaranteed price. As a result, after the price expectations of the farmers were dashed, this year it seems that they have preferred maize coming in three months instead of cotton coming in four months. Last year, the area sown under cotton in three districts of Marathwada, Chhatrapati Sambhajinagar, Jalna and Beed, was 9 lakh 18 thousand 4 hectares.Last season, the guaranteed price of cotton was Rs 7 thousand 121. But in reality, farmers had to sell cotton to private ginning professionals at a price of about Rs 6 and a half thousand. Many farmers stored cotton at home for a long time, hoping that prices would rise. But till the end did not get the expected price. Apart from this, facing the problem of not getting laborers to pick cotton, farmers had to compromise with the market price. Farmers were not able to bear the cost of spraying along with the cost of harvesting, spraying etc.After the Corona period, the price of cotton at the international level had reached Rs 13,000 to 14,000 per quintal. After the corona epidemic subsided, the demand for cotton also increased at the international level. As a result, the prices were also good. There was a big purchase by the Central Cotton Corporation. But after that the prices were not that good. This year, only 40 percent sowing has been done in the three districts of Chhatrapati Sambhajinagar division till Monday. Although 60 percent sowing has been done in Beed, but more farmers are preferring tur, maize, soybean and sugarcane instead of cotton.Every year more cotton was sown in the village. This year, maize has been sown in 80 percent of the area in our village Shivrai (Oil. Vaijapur). There has been a big problem of laborers for cotton. Laborers have to be brought from Madhya Pradesh for harvesting. The prices of cotton were also not reasonable. Compared to that, maize is reasonable and the crop is ready in three months. - Bhausaheb Patil, farmer.Many farmers of Vaijapur taluka have initially been attracted to crops like maize and pigeon pea instead of cotton. They are citing the problem of not getting laborers for harvesting cotton. Maize is being seen as a crop that is ready in three months. - Vishal Salve, Agriculture Officer, Vaijapur.50 thousand hectares of area likely to decreaseInitial estimates in Sambhajinagar district are that this year the area under cotton will decrease by 50 thousand hectares and in return the area under maize, pigeon pea and soybean will increase. The area is expected to decrease only after looking at the sale of cotton seeds. - Dr. Prakash Deshmukh, Joint Director, Agriculture.read more :- CCI buys 100 lakh bales cotton at minimum support price
100 Lakh Cotton Bales Procured by CCICCI purchases 100 lakh bales at MSP, sells 35 lakh bales; imports rise, Indian cotton faces competitiveness issuesThe Cotton Corporation of India (CCI) has purchased close to 100 lakh bales at the Minimum Support Price (MSP) from farmers in the current cotton season and has sold 35 lakh bales in the market.Lalit Kumar Gupta, the CCI chairman and Managing Director, told The Hindu on Tuesday (June 17, 2025) that the CCI opened more than 500 centres in the cotton-growing areas since the beginning of the season in October 2024.“The demand for cotton is not much from the textile mills, and if the current market situation persists, the CCI may purchase more cotton at MSP next season,” he said.Official sources said the outgo for CCI this year for the MSP operations was ₹37,500 crores. With 8 % increase in the MSP for the next cotton season (October 2025-September 2026), the outgo will be higher if the CCI buys more cotton from the farmers at MSP.Meanwhile, cotton imports saw a 133 % jump last month compared with last May and a 131 % increase in value in April-May 2025 compared with the same period last year.Nishant Asher, secretary of the Indian Cotton Federation, said International cotton is almost 8 % cheaper than Indian cotton. With the 11% import duty, Indian spinners are getting cotton from other countries at 1%-2% lower prices. However, they are unable to compete in the international market. The import duty is a major deterrent for the competitiveness of the Indian textile industry, he said.read more :- Rupee falls 11 paise at open to 86.35 against US dollar
Rupee opens 11 paise down against dollar at 86.35 The rupee opened 11 paise down on June 18 at 86.35 against the US dollar on outflow worries as crude prices jumped 4 percent amid worsening military conflict between Israel and Iran, which entered its sixth day.read more :- India's textile and apparel exports rise 5% to $6.1 billion in April-May 2025
India’s textile trade grows to $6.1 billion in early FY26India’s textile and apparel (T&A) exports rose 5.36% year-on-year to $6.18 billion during the first two months of FY2025–26 (April–May 2025), driven by strong growth in apparel shipments even as textile exports remained largely flat.Apparel exports recorded robust double-digit growth of 12.80%, reaching $2.88 billion, compared to $2.55 billion in the same period last year. In contrast, textile exports slipped marginally by 0.39% to $3.29 billion.The trend continued through May 2025, with apparel maintaining strong momentum while textile shipments showed subdued performance.According to the Ministry of Commerce and Industry, the share of textiles and apparel in India’s total merchandise exports increased to 8% during April–May 2025 and further to 8.25% in May, underlining the sector’s growing contribution to external trade.Within the textile segment, performance remained mixed. Exports of cotton yarn, fabrics, made-ups, and handloom products fell 1.39% to $1.93 billion in April–May. Meanwhile, exports of man-made yarn, fabrics, and made-ups rose 1.41% to $793.27 million. Carpet exports performed better, growing 2.07% to $246.93 million.In May alone, cotton yarn, fabrics, made-ups, and handloom exports dropped 4.29% to $966.75 million, while man-made textile exports declined 1.05% to $409.48 million. Carpet exports, however, continued to grow, rising 1.01% to $132.74 million.Imports also showed a sharp increase. Raw cotton and waste imports surged 131.30% to $189.18 million in April–May 2025, compared to the same period last year. Imports of textile yarn, fabrics, and made-ups rose 18.92% to $413.81 million.In May, raw cotton imports more than doubled, increasing 133.14% to $102.3 million, while yarn and fabric imports rose 18.68% to $220.69 million.For context, India’s apparel exports grew 10.03% to $15.99 billion in FY25, while textile exports rose 3.61% to $20.62 billion. In FY24, total T&A exports stood at $34.43 billion, down 3.24% from FY23.Industry experts attributed the rise in raw cotton imports to higher domestic prices, driven by elevated minimum support prices (MSP) and import duties.Sanjay K Jain, Chairman of the ICC National Textile Committee, noted that India has achieved strong double-digit apparel export growth in recent months, while also seeing rising raw cotton imports due to price disparities between domestic and global markets.read more :- Kharif Sowing Up by 1.48 Lakh Hectares, Cotton Slightly Down
Kharif crop sowing picks up pace, sowing in 1.48 lakh hectares more area than last year, slight decline in cotton sowingKharif season 2025 sowing has started encouragingly. According to the latest report released by the Crop Division of the Ministry of Agriculture and Farmers Welfare, till June 13, 2025, a total of 89.29 lakh hectares of area has been sowed, which is 1.48 lakh hectares more than the same period last year.There has been a slight decline in cotton sowing this year during Kharif 2025. According to the report of the Ministry of Agriculture, so far cotton has been sown in 13.19 lakh hectares of area, which was 13.28 lakh hectares in the same period last year. This shows a decrease of 0.09 lakh hectares. Highest growth in paddy, pulses and oilseedsOilseed crops have also seen a significant increase — total sowing area has increased from 1.50 lakh hectares to 2.05 lakh hectares. This was mainly due to an increase of 66,000 hectares in soybean sowing.Mixed performance in coarse cereals, cotton and jute Steady progress in sugarcane sowing Expert opinionAccording to Agriculture Ministry officials, sowing has picked up due to favorable monsoon forecast and better soil moisture conditions. However, continuity of monsoon in the month of July will be important to maintain the momentum of the Kharif season, especially in rain-fed areas.Experts believe that uncertainty of monsoon and lack of moisture in some areas could be the possible reasons behind this. However, if there is good rainfall in July, cotton sowing may pick up.Farmers in the major cotton growing states of Maharashtra, Gujarat, Telangana and Haryana are now eyeing the upcoming weather.read more :- Indian Rupee lower 18 Paisa, Ends at 86.24 per Dollar
The Indian rupee on tuesday lower 18 paise to close at 86.24 per dollar, while it opened at 86.06 in the morning.At close, the Sensex was down 212.85 points or 0.26 percent at 81,583.30, and the Nifty was down 93.10 points or 0.37 percent at 24,853.40. About 1443 shares advanced, 2384 shares declined, and 134 shares unchanged.read more :- Gujarat : Textile processors take lead for deep sea discharge project
Gujarat: Textile Industry Champions Sea Discharge PlanSurat: The South Gujarat Textile Processors Association (SGTPA) is taking the lead in lobbying for the development of a 600 million litres a day (MLD) deep sea discharge pipeline. The textile processing and chemical industries have joined hands to push for expediting the project, so that it can boost industrial growth in the region. According to SGTPA officials, the Gujarat Maritime Board has given its no-objection certificate for the project.The state govt had earlier announced the project, and surveys were conducted for it. For smooth execution and the participation of various stakeholders, various industries operating in and around Surat have joined hands under the leadership of SGTPA."The cost of this project may rise to Rs 5,000 crore. It will be located where connectivity can be given to the MITRA Park of Vansi Borsi in Navsari district. Once complete, the project will the open doors for further expansion of existing industries," said Jitu Vakharia, president of the SGTPA.The current total discharge of these industries is estimated to be 450 MLD currently. With future need in mind, a larger discharge pipeline is being planned.Through the pipeline, discharge from seven water treatment plants around Surat will be released. The pipeline project is expected to bring down water treatment cost as well.SGTPA officials say the discharge will be released deep in the sea, so it does not harm marine life. Earlier proposed locations of the pipeline were objected to, and its location was changed."Of the project cost, 20% will be borne by industry and 80% by the govt. It will make possible industrial growth, which has been halted because the maximum capacity of water treatment plants has been reached," Vakharia said.read more :- Rupee opens flat at 86.06 against US dollar
INR Flat at 86.06 in Early TradeIndian rupee open flat at 86.06 per dollar on Tuesday versus monday 's close of 86.06.read more :- Weather Alert Issued Across Several Indian States
Widespread weather disturbance: Alert issued in several Indian statesMany parts of India may witness intense weather activity in the coming hours, as new alerts have been issued for several states including Nagaland, coastal Karnataka, Uttar Pradesh, Gujarat, Maharashtra and Saharanpur. Government agencies have urged residents to take necessary precautions as many areas are likely to witness rain, thunderstorms, gusty winds and dust storms.Heavy rain likely in NagalandModerate to heavy rain and thunderstorms accompanied with gusty winds are likely over many parts of Dimapur, Kiphire, Kohima, Longleng, Mokokchung, Mon, Peren, Phek, Tuensang, Wokha and Zunheboto in the next 4-6 hours.Coastal Karnataka to continue to receive prolonged rainsCoastal districts of Chikmagalur, Dakshina Kannada, Kodagu, Shimoga, Udupi and Uttara Kannada are likely to receive moderate to heavy rains and thundershowers accompanied by strong winds in the next 8-12 hours.Dust storm threat in Uttar PradeshMany areas of Uttar Pradesh are likely to witness dust storms and thundershowers accompanied by strong winds with speeds reaching 40-60 kmph. The affected districts include:Ambedkar Nagar, Amethi, Auraiya, Azamgarh, Bahraich, Ballia, Balrampur, Barabanki, Basti, Deoria, Etah, Etawah, Ayodhya (Faizabad), Farrukhabad, Firozabad, Gonda, Gorakhpur, Hamirpur, Hardoi, Jalaun, Kannauj, Kanpur Dehat, Kanpur Nagar, Lakhimpur Kheri, Kushinagar, Lucknow, Maharajganj, Mainpuri, Mau, Pilibhit, Sant Kabir Nagar, Shahjahanpur, Shravasti, Siddharthnagar, Sitapur, and Sultanpur.The alert will remain in effect for the next 3-4 hours.Heavy rain continues in GujaratThunderstorms and gusty winds are likely in parts of Gujarat in the next 18-24 hours. The districts under surveillance include:Ahmedabad, Amreli, Anand, Aravalli, Bharuch, Bhavnagar, Botad, Gandhinagar, Gir Somnath, Jamnagar, Junagadh, Kheda, Mahisagar, Morbi, Navsari, Porbandar, Rajkot, Surat, Surendranagar, Vadodara and Valsad.Maharashtra on high alertSimilar weather conditions are expected across Maharashtra, with intermittent heavy to very heavy rainfall and thunderstorms accompanied with gusty winds forecast in several districts, including:Ahmednagar, Kolhapur, Mumbai, Mumbai Suburban, Nashik, Palghar, Pune, Raigad, Ratnagiri, Sangli, Satara, Sindhudurg and Thane during the next 18-24 hours.Saharanpur weather forecastSaharanpur (Uttar Pradesh) is expected to be partly cloudy. The weather will remain very hot and uncomfortable, with dust storms and thunderstorms likely over the next 24 hours.AdviceGovernment bodies have advised citizens in the affected areas to stay indoors during bad weather, avoid unnecessary travel and secure loose objects to avoid damage or injury. Stay tuned for official updates and follow all safety instructions issued by local authorities.read more :- Rupee Strengthens by 12 Paisa, Ends Day at 86.06
Rupee higher 12 Paisa Against Dollar, Closes at 86.06The Indian rupee on monday higher 12 paise to close at 86.06 per dollar, while it opened at 86.18 in the morning.At close, the Sensex was up 677.55 points or 0.84 percent at 81,796.15, and the Nifty was up 227.90 points or 0.92 percent at 24,946.50. About 1898 shares advanced, 2026 shares declined, and 163 shares unchanged.read more :- Rupee Opens 9 Paise Lower at 86.18/USD
INR Drops 9 Paise, Opens at 86.18 per USDIndian rupee opened 9 paise lower at 86.18 per dollar on monday versus friday 's close of 86.09.read more :- India, Sweden further strengthen trade and innovation partnership
India, Sweden Boost Trade & Innovation TiesUnion Commerce and Industry Minister Piyush Goyal held several important meetings with senior members of the Swedish Government and industry leaders on his two-day official visit to Stockholm. The visit was aimed at further deepening bilateral economic ties, enhancing trade and investment flows, and exploring new avenues of cooperation in emerging sectors.In his official interactions, Goyal met Benjamin Dousa, Minister of International Development Cooperation and Foreign Trade, and Hakan Jeverel, State Secretary for Foreign Trade. The discussions focused on expanding the scope of India-Sweden trade and investment partnership, facilitating sustainable industrial cooperation, and identifying key sectors for technology and innovation-driven growth.The 21st session of the India-Sweden Joint Commission for Economic, Industrial and Scientific Cooperation was held during the visit. The agenda included a roundtable discussion on strategic cooperation in innovation and research and strengthening the India-Sweden economic partnership. The meeting saw the participation of leading Swedish institutions including LeadIT, Vinnova, Swedish Energy Agency, Swedish National Space Agency, National Trade Board, Swedish Export Credit Agency, Business Sweden and Swedish Chamber of Commerce in India. The two sides underlined their shared commitment to pursue joint projects in green transition, advanced technologies and resilient supply chains, the Ministry of Commerce and Industry said in a press release.Goyal also addressed the India-Sweden Business Leaders Roundtable, where he interacted with key members of the Swedish industry. He invited companies to expand their presence in India by taking advantage of the country's enabling regulatory environment, growing consumer base, skilled talent pool and well-developed industrial infrastructure. The roundtable served as a platform to strengthen private sector collaboration in clean energy, smart manufacturing, mobility, life sciences and digital technologies.The minister participated in the India-Sweden High Level Trade and Investment Policy Forum at the Confederation of Swedish Enterprise. The forum brought together business leaders and policy-makers from both sides to discuss emerging trade frameworks and opportunities under the proposed India-EU Free Trade Agreement. Presentations were made by CII and the Confederation of Swedish Enterprise. CEOs of leading companies shared their views on enhancing value-chain partnerships, technology transfer and investment facilitation.Several face-to-face meetings were held with Swedish companies from sectors such as automation, renewable energy, sustainable food systems, maritime technology and advanced materials. Many companies expressed strong confidence in the Indian economy and expressed their intention to increase their presence through new investments, capacity expansion and deeper localisation. Areas of support discussed included facilitating access to land, skill partnerships and fast-track clearances.read more :- Cotton planting area in Xinjiang expands amid stable growth: data
Xinjiang Cotton Planting Expands Amid Steady GrowthThe area of cotton planting in northwest China's Xinjiang Uygur Autonomous Region reached 40.9 million mu (2.73 million hectares) in 2025, up 3.3 percent from last year, according to a report released by the China Cotton Association (CCA).Overall, China's cotton planting area reached 44.823 million mu, maintaining positive momentum, the CCA report said, given that the country's cotton planting area remains stable and current weather conditions in Xinjiang are favorable for cotton production.Xinjiang is China's largest cotton-producing region, contributing 92.2 percent of the country's total cotton output in 2024, reaching a record high, according to the Xinjiang Regional Department of Agriculture and Rural Affairs.Some Western officials and media outlets have previously tried to levy unfounded accusations such as "forced labor" on Xinjiang cotton. However, those claims have been effectively refuted and the West's crackdown attempt has failed to halt the industry's steady growth, according to Li Guoxiang, a research fellow at the Institute of Rural Development of the Chinese Academy of Social Sciences.A separate industry report released in May showed that in 2024, Xinjiang not only maintained stable cotton production but also saw continued improvement in quality, with high-grade cotton with a length of more than 28 mm making up 98.1 percent of total output. Li said several factors have strengthened Xinjiang's role as China's leading cotton-producing region, including favorable natural conditions, high yields per unit area and rich reserves of superior quality, especially long-staple cotton. He also pointed to a high degree of mechanization in harvesting, which boosts production efficiency, as well as strong policy support. In addition, projects aimed at enhancing the efficiency and quality of the cotton industry are steadily progressing. For example, the Sustainable Cotton Development Program initiated and implemented by the CCA in Xinjiang has achieved remarkable progress. So far, the region has produced a total of 430,000 tons of sustainable cotton from 1.2 million mu of certified cotton farms, China Media Group reported.read more :- Weekly Cotton Bale Sales Summary – CCI
Weekly Summary Report: Cotton Bales Sold by Cotton Corporation of India (CCI)Cotton Corporation of India (CCI) conducted online bidding for cotton bales throughout the week, with the daily sales summary being as follows:June 09, 2025: CCI sold a total of 5,900 bales (2024-25 season) comprising 4,400 bales in the Mills session and 1,500 bales in the Traders session.June 10, 2025: Daily sales were recorded at 1,00,600 bales (2024-25) and 2,900 bales (2023-24), comprising 45,200 bales (2024-25) in the Mills session and 55,400 bales (2024-25) and 2,900 bales (2023-24) in the Traders session.June 11, 2025: CCI sold a total of 38,400 bales - comprising 38,000 bales of 2024-25 season and 400 bales of 2023-24 season. Out of the total, 28,900 bales (28,700 from 2024-25 and 200 from 2023-24) were sold during the Mills session while 9,500 bales (9,300 from 2024-25 and 200 from 2023-24) were sold during the Traders session.June 12, 2025: Total sales were 2,300 bales (2024-25 season), comprising 2,000 bales in the Mills session and 300 bales in the Traders session.June 13, 2025: The week concluded with the sale of 6,100 bales (2024-25 season) with 1,500 bales sold during the Mills session and 4,600 bales during the Traders session.Weekly Total:During the entire week, CCI successfully sold around 1,56,200 (approx.) cotton bales using its online bidding platform to streamline the sales and facilitate smooth trade operations.Stay tuned to SiS for real-time updates on the textile industry.read more :- Heat Peaks in Jaipur, Monsoon Heads to MP
Rajasthan Monsoon: U-turn of monsoon due to circulation system… Monsoon entry in MP tomorrow! Heat breaks 5-year record in JaipurRajasthan : The monsoon which is stuck in the northeastern areas of the country is going to start moving again. According to the Meteorological Department, due to the effect of a cyclonic circulation system active in the Bay of Bengal, the monsoon will move towards some more states in the next 48 hours. It is believed that with the official entry of monsoon in Madhya Pradesh on June 14, Rajasthan which is reeling under the grip of severe heatwave will also get some relief.Monsoon will enter Madhya Pradesh tomorrowDue to the effect of the cyclonic circulation system becoming active in the Bay of Bengal, the activity of the monsoon which is stuck in the northeastern areas is now going to increase in the surrounding states as well. If meteorologists are to be believed, due to the effect of the system, the monsoon trough line is going to touch Rajasthan via Odisha, Jharkhand, Bihar, Chhattisgarh and Madhya Pradesh. Favorable conditions are being created for the entry of monsoon in Madhya Pradesh on June 14, while there are chances of increase in rain activities in Rajasthan and surrounding areas from June 16.Change in wind pattern will increase the movementAfter the northeastern states, now the process of monsoon will start in the northern states as well. Western surface hot winds are blowing in Rajasthan and surrounding states, due to which many areas are in the grip of severe heat. It is believed that in the next 48 hours, there is a possibility of relief from severe heat due to change in wind pattern and northeastern winds blowing and movement of clouds in Rajasthan. In such a situation, there is a possibility of entry of southwest monsoon in Madhya Pradesh on June 14 and monsoon becoming active in the entire state by June 21. There are also chances of monsoon rains in the western part of Bengal, Bihar and Jharkhand from June 18 to 18.Heatwave in Rajasthan, waiting for showers of reliefDue to heatwave in Rajasthan, record increase in maximum temperature has been recorded in the northwestern districts of the state for the last 4 days. According to the Jaipur Meteorological Center, the effect of heat wave is likely to remain in Sri Ganganagar, Hanumangarh, Bikaner, Kota, Churu and surrounding areas on Friday as well. On the other hand, scattered clouds are expected to remain in many areas including Jaipur on Friday. Pre-monsoon rains are expected to begin in many areas of Kota, Jaipur, Bikaner and Bharatpur divisions of the state from June 16.Mercury breaks 5-year record in JaipurLast Thursday was the hottest day of this season in the capital Jaipur. The day temperature in the city was recorded at 45.2 degrees Celsius, while the effect of scorching heat continued due to heat wave at night as well. The mercury broke the record of the last 5 years and the city dwellers were in distress due to the scorching heat. The maximum temperature of the city was recorded at 44.4 degrees in 2020, 41.8 degrees in 2021, 42.8 degrees in 2022, 40.8 degrees in 2023 and 43.5 degrees Celsius in 2024. This time, a record-breaking rise in mercury has been recorded in the first fortnight of June itself.read more :- India's $100-bn textile export target hinges on MSME: Primus Partners
| title | Created At | Action |
|---|---|---|
| INR Drops 12 Paise, Closes at 86.47 per Dollar | 18-06-2025 22:44:55 | view |
| Maharashtra: Cotton acreage likely to decrease this year | 18-06-2025 20:54:06 | view |
| CCI buys 100 lakh bales cotton at minimum support price | 18-06-2025 17:41:43 | view |
| Rupee falls 11 paise at open to 86.35 against US dollar | 18-06-2025 17:17:10 | view |
| India’s textile and apparel exports rise 5.36% to $6.18 billion in FY26 start | 18-06-2025 00:48:38 | view |
| Kharif Sowing Up by 1.48 Lakh Hectares, Cotton Slightly Down | 18-06-2025 00:07:48 | view |
| Indian Rupee lower 18 Paisa, Ends at 86.24 per Dollar | 17-06-2025 22:44:46 | view |
| Gujarat : Textile processors take lead for deep sea discharge project | 17-06-2025 18:18:32 | view |
| Rupee opens flat at 86.06 against US dollar | 17-06-2025 17:22:20 | view |
| Weather Alert Issued Across Several Indian States | 17-06-2025 01:17:02 | view |
| Rupee Strengthens by 12 Paisa, Ends Day at 86.06 | 16-06-2025 22:44:35 | view |
| Rupee Opens 9 Paise Lower at 86.18/USD | 16-06-2025 17:29:03 | view |
| India, Sweden further strengthen trade and innovation partnership | 14-06-2025 20:14:52 | view |
| Cotton planting area in Xinjiang expands amid stable growth: data | 14-06-2025 19:56:48 | view |
| Weekly Cotton Bale Sales Summary – CCI | 14-06-2025 00:54:51 | view |
| Heat Peaks in Jaipur, Monsoon Heads to MP | 14-06-2025 00:33:22 | view |
