Recent News

 Rupee opens 13 paise up at 88.52 against dollar tracking gains in Asian currenciesIt opened at 88.52 against the US dollar after ending the previous session at 88.65.read more :- 900 hectares of cotton crop destroyed in Vagad, farmers demand compensation

Gujarat: 900 hectares of cotton crop destroyed in Vagad: Sesame and castor crops damaged, farmers demand compensation and loan waiverUnseasonal rains have left farmers in dire straits in Vagad village, Dhandhuka taluka. Following the severe crop losses caused by the recent floods, farmers gathered and demanded immediate compensation and loan waiver from the government.Cotton was sown on over 900 hectares in the area, of which 80 percent has been destroyed. According to farmers, after spending money on expensive seeds, pesticides, and labor, the crop loss has left them devastated. In addition to cotton, sesame and castor crops have also suffered significant losses.Farmers said that the unseasonal rains have robbed them of their livelihood and are burdened with debt. They have demanded an immediate survey at the village panchayat level, prompt compensation payments, and loan waivers. Currently, panchnama and regular work are underway at the government level.read more :- China to extend tariff suspension on US products

China to extend tariff suspension on imported US productsBEIJING - China will continue to suspend the 24-percent additional tariff on imports from the United States for one year while retaining the 10-percent rate, according to an announcement released Wednesday by the Customs Tariff Commission of the State Council.China will make the adjustment from 1:01 pm on Nov 10, 2025, the commission said.The move aims to implement the outcomes and consensus reached in the China-US economic and trade talks, the commission said.The continued suspension of certain additional tariffs between China and the US will help promote the sound, stable and sustainable development of bilateral economic and trade relations, bring benefits to the people of both countries, and contribute to global prosperity, the commission added.The commission also said Wednesday that starting 1:01 pm on Nov 10, 2025, China will terminate the additional tariff measures stipulated in an earlier announcement on certain imports originating from the US.According to the earlier announcement issued in March, China had decided to impose an additional 15-percent tariff on imported chicken, wheat, corn and cotton originating from the US. Sorghum, soybeans, pork, beef, aquatic products, fruits, vegetables and dairy products were subject to an additional 10-percent tariff.The termination of certain additional tariffs between China and the United States serves the fundamental interests of both countries and their people, meets expectations of the international community, and will help advance bilateral economic and trade relations to a higher level, the commission said.read more :- Cotton procurement begins in Kavali, farmers get ₹8010 MSP

Cotton procurement begins at Kavali procurement center: Farmers receive ₹8010 MSP, registration via mobile appThe cotton procurement process for the year 2025-26 has begun at the Kavali procurement center (Guru Kripa Cotton Mill) in the Roll area of Nagaur district. Farmers will have the opportunity to sell their produce at the Minimum Support Price (MSP) this time. The Cotton Corporation of India has approved the H-4/H-4A variety.According to the Cotton Corporation of India, a maximum moisture content of 8 percent is acceptable in cotton. If the moisture content is found to be more than 8 percent (9%, 10%, 11%, 12%), the price will be reduced proportionately. Cotton with a moisture content of more than 12 percent will not be accepted. To qualify for this support price, the staple length of the cotton must be between 27.5 and 28.5 mm and the micro-value between 3.5 and 4.9.Farmers wishing to sell cotton can register by December 31st. This registration can be done through the online portal or the 'Cotton Farmer App.' Verification through Aadhaar-based OTP or thumb impression will be mandatory for registration.Center in-charge Pradeep Bhambhoo Kalvi has appealed to farmers to bring only clean, dry, and standardized cotton to the procurement center. This will ensure they receive the full government-declared support price.read more :- Rain soaks cotton and maize in Warangal market

Telangana: Unseasonal rains in Warangal market drenched cotton and maize.Unseasonal rains in Warangal drenched cotton and maize stored for sale at the Enumamula market, further adding to farmers' distress after the recent cyclonic storm. Traders and the Central Agricultural Cooperative Soil Corporation (CIC) halted procurement, prompting calls for official intervention due to the wet crop lying in the open.Warangal/Khammam: Sudden rains in Warangal on Tuesday drenched cotton and maize at the Enumamula Agricultural Market, further distressing farmers already distressed by the recent cyclonic storm.Farmers complained that the Central Agricultural Cooperative Soil Corporation (CIC) and traders refused to procure the crop even after it was ready for weighing and transportation because it was affected by the rain. They demanded that officials intervene to ensure normal cotton procurement continues without any conditions.Farmers lamented that the entire crop was drenched and they did not even have time to move it under the shed. Warangal and Gorekunta recorded moderate rainfall of 36.5 mm and 25 mm, respectively, while some mandals received light rain.Warangal Mayor Gundu Sudharani and Municipal Commissioner Chahat Bajpai inspected low-lying areas in Bank Colony, Shanti Nagar, and Pothana Nagar that were flooded with rainwater. They directed municipal employees to clear the drains.In Khammam, Singareni mandal recorded heavy rainfall of 71 mm, Konijerla 48.3 mm, while some other mandals received light rain. Due to the sudden downpour, cotton and other agricultural produce stored for drying were soaked.read more :- Cotton millers call for shutdown, urge farmers to stop selling

Cotton Millers Call For Bandh: Farmers told not to book cotton sale slots tomorrow.Additional Collector P Srinivas Reddy has appealed to farmers not to book slots for cotton sale on November 6, as the Telangana Cotton Millers and Traders Welfare Association has called for a one-day bandh on that day. Chairing a review meeting with Market Committee Chairmen, Ginning Mill managements, and officials at the Collectorate on Tuesday, the Additional Collector said that 478 metric tonnes of cotton have been procured so far from 242 farmers across the district. He noted that only fair-quality cotton is being purchased at the Minimum Support Price (MSP) through the Cotton Corporation of India (CCI).Reddy advised farmers not to bring their cotton to Khammam and Enkoor market yards on Thursday and not to book sales slots on the CCI app for November 6, in view of the bandh. The meeting reviewed the ongoing cotton procurement operations and discussed coordination among market committees, ginning mills, and related departments to ensure smooth transactions and fair prices for farmers.read more :- Farmers demand relief in cotton procurement policies

Maharashtra farmers demand relaxation in cotton procurement norms Farmers and leaders of the Shetkari Sanghatana in Vidarbha, Maharashtra’s cotton belt, have urged the Cotton Corporation of India (CCI) to relax its procurement norms in view of the heavy rains that have damaged the standing cotton crop and raised its moisture content.CCI currently procures cotton only if its moisture content is below 12 per cent, as per central government guidelines. However, continuous rainfall has pushed moisture levels in several districts to between 12 and 20 per cent, making it difficult for farmers to sell their produce under the Minimum Support Price (MSP) scheme.The Government of India has fixed the MSP for the 2025–26 cotton season at ₹7,710 per quintal for medium staple cotton (24.5–25.5 mm staple length) and ₹8,110 per quintal for long staple cotton (29.5–30.5 mm staple length). But in the open market, prices range between ₹3 and ₹5.60 per kilogram — far below the MSP — forcing farmers to sell at distress rates.During cotton season 2024-25, CCI has procured 144.55 lakh quintals kapas (equivalent to 29.41 lakh lint cotton bales) valuing about ₹10,714 crore have under MSP operations in Maharashtra through 6.27 lakh transactions from farmers.Farmers’ concernsShetkari Sanghatana leaders have demanded that CCI raise the permissible moisture limit and relax quality conditions to ensure that rain-affected farmers are not excluded from procurement. They also objected to CCI’s restriction of buying only five quintals of cotton per acre from each farmer, calling for the cap to be lifted.“The rains have already caused severe damage to crops and delayed harvesting. The delayed and limited procurement by CCI has left many growers in distress,” said Avinash Patil, Shetkari Sanghatana’s Akola district chief. Farmers have expressed concern that several procurement centers are yet to start operations, leaving them anxious about the fate of their harvest.Unless CCI begins large-scale procurement soon and eases the quality norms, cotton growers warn they could face major financial losses and be forced into distress sales to private traders.read more :- CCI begins cotton procurement in Gadwal, problems in slot booking

Telangana: CCI begins cotton procurement in Gadwal; farmers face difficulty booking slots due to lack of ginning millsGadwal: The Cotton Corporation of India (CCI) has officially begun cotton procurement operations in Jogulamba, Gadwal district. The inaugural ceremony took place at the Sri Balaji Cotton Ginning Mill, where Marketing Department official Pushpamma, along with CCI Chief Production Officer Rahul, formally launched the procurement by breaking a coconut in the traditional manner.According to officials, the district is expected to produce approximately 1.8 million quintals of cotton this season. Currently, only two procurement centers have been opened – one in Gadwal and the other in Alampur. These centers, operated by two ginning mills, have a combined capacity of 3,500 quintals.Pushpamma stated that procurement in Alampur began a week ago and has been running smoothly ever since. However, many farmers in Gadwal have expressed frustration that despite repeated attempts, they are unable to book slots to sell their cotton.The marketing officer explained that the lack of ginning mills is the main reason for the delays and difficulties in booking slots. Meanwhile, farmers are urging the CCI and the district administration to identify at least five or six additional ginning mills and open them for procurement to reduce congestion and ensure timely procurement.Farmers also expressed disappointment that while the central government is ensuring procurement at the Minimum Support Price (MSP) across the country under its farmer welfare programs, this system is faltering in Gadwal district due to administrative hurdles.They explained that due to delays in government procurement, approximately 90 percent of farmers have already sold their cotton to private traders and middlemen, often at rates lower than the MSP. They say that the remaining 10 percent of cotton should at least be purchased by the CCI at the official support price.The farmers appealed to the government authorities to immediately intervene and provide necessary support so that the remaining produce could be sold under fair and transparent conditions.read more :- Rupee fell 26 paise to close at 88.65 per dollar

The Indian rupee on tuesday lower 26  paise to close at 88.65 per dollar, while it opened at 88.39 in the morning.At close, the Sensex was down 519.34 points or 0.62 percent at 83,459.15, and the Nifty was down 165.70 points or 0.64 percent at 25,597.65. About 1543 shares advanced, 2439 shares declined, and 152 shares unchanged.read more :- Haryana: Cotton procurement stalled, samples fail

Haryana: The wait for government cotton procurement grows longer, with reports of samples sent failing.Charkhi Dadri : Farmers are increasingly awaiting the start of government cotton procurement at the new grain market in Dadri. Last Monday, the Cotton Corporation of India (CCI) sent cotton samples to a lab in Sirsa for quality testing before the government procurement began. These samples failed to meet the prescribed standards.In this situation, a three-member committee will now re-examine cotton samples and send them to the lab for testing. A decision on procurement can then be made. It's worth noting that last Monday, CCI officials held a meeting with Market Committee officials at the market. To expedite procurement, CCI officials sent samples of cotton arriving at the market to the lab for quality testing, which failed to meet the standards.It's worth noting that according to CCI rules, the full MSP will be awarded only if the moisture content is up to eight percent. Furthermore, if the moisture content is higher, the price will be reduced. The agency will only pay farmers in full for cotton that meets the standards.Cotton samples taken recently from the Dadri grain market did not meet standards. A three-member committee will now conduct fresh cotton sampling. These samples will be sent to a laboratory for testing. A procurement decision will be made based on the report.read more :- Tummala demands CCI to withdraw cotton procurement rules

Telengana : Tummala urges CCI to revoke new cotton purchase rulesHyderabad: Agriculture minister Tummala Nageswara Rao has written to Union textile minister Giriraj Singh and Cotton Corporation of India (CCI) managing director Lalit Kumar Gupta, urging a rollback of the new rules governing cotton procurement in the state.In his letter, the minister pointed out that CCI has reduced the permissible cotton yield per acre from 12 quintals to seven quintals. However, reports from district collectors indicate that the actual yield in Telangana is around 11.74 quintals per acre.Tummala said that this year's heavy rains have already caused significant losses to farmers and described the new CCI restriction as detrimental to their interests. He requested the corporation to procure cotton with up to 20% moisture content to prevent further hardship.The minister also highlighted that many farmers are facing difficulties due to limited awareness of the Kapas Kisan app, which is essential for the sale process. He appealed to the CCI to withdraw the seven-quintal rule, restore the earlier procurement method, and address issues faced by ginning millers while safeguarding farmers' interests.read more :- INR Opens Stronger by 39 Paise at 88.39