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The Indian rupee on monday lower 05 paise to close at 88.79 per dollar, while it opened at 88.74 in the morning.At close, the Sensex was up 582.95 points or 0.72 percent at 81,790.12, and the Nifty was up 183.40 points or 0.74 percent at 25,077.65. About 1715 shares advanced, 2370 shares declined, and 154 shares unchanged.read more :-  Fatehabad: Cotton ruined due to rain, work stopped in the market

Rain damages cotton crop in Fatehabad: Cotton lies scattered on the ground; work in the market halts.Haryana : Strong winds and rain have damaged paddy and cotton crops in Fatehabad district. The cotton crop has been scattered on the ground.It is noteworthy that cotton harvesting is currently underway in the district. Farmers have begun bringing their produce to the grain market. However, the rain that occurred on Sunday night has again affected the crop.Cotton is planted on 20,000 hectares in the district. Cotton picking is also underway. Consequently, crop-related work in the fields has come to a halt.# Farmers say rain wasn't needed right nowFarmers Vinod Kumar, Anil Kumar, Mahendra Singh of village Dhangad, Rajesh Kumar, Amit Singh of village Baropal, etc., said that rain wasn't needed at this time. Everyone was busy harvesting and threshing the crop. Now, the rain has disrupted all work. Harvesting will only be possible after the crop dries. Crops stored in the open in the markets have also been soaked.# Deputy Director says a report will be collected from field staff today.Meanwhile, Dr. Rajesh Sihag, Deputy Director of the Agriculture and Farmers Welfare Department, said that a report on the extent of crop damage due to the rain will be collected from field staff today (Monday). The report will be prepared after that.read more :- Telangana cotton farmers face marketing crisis

Cotton farmers in Telangana in for a big marketing crisis.Hyderabad: Cotton farmers in the State, already battered by heavy rains, are on the verge of a big marketing crisis. The State’s 341 ginning mills have refused to participate in tenders issued by the Cotton Corporation of India (CCI), citing severe hardships with new regulations. This stand off is likely to jeopardize their operations of the ginning mills and the livelihoods of growers.The impasse was sparked by the latest tender guidelines, introduced this season. The Cotton Corporation of India (CCI) has rolled out tougher rules this cotton season for buying raw cotton from farmers and ginners. Key changes include strict ways to measure cotton fibre (lint) yield, fixed slots for the lowest (L1) and second-lowest (L2) bids in auctions. It also required detailed farm area maps for every order. Ginners in Telangana and their associations complained that these regulations differ from last year’s lenient setup, adding red tape and delays that hurt business and farmers. This standoff has stalled trades, sparking protests for a rollback.“We have urged the CCI to thoroughly review these clauses, particularly the lint percentage for L1 slot bookings and area mapping, and revert to the policy followed in the previous season,” a ginning mill operator and association member stated, adding that without these adjustments, participating in the tenders was not viable.“We’re not against procurement; we’re against rules that could lead to losses for everyone involved, from mills to farmers,” he said.The boycott has persisted despite high-level meetings, where ginning mill owners and the CCI officials discussed the contentious terms. Discussions dragged on for days, but no consensus emerged, leaving the tenders untouched.As of now, not a single mill has come forward to bid, stalling the process at a critical juncture. Telangana’s cotton sector, spanning 43.29 lakh acres, was projected to yield around 24.70 lakh quintals this year. However, relentless heavy rains have inflicted severe damage, impacting expected outputs and leaving farmers vulnerable.The ginning mills’ reluctance is seen as a direct blow to these growers, who rely on timely procurement at support prices to avoid distress sales. State marketing officials, acting on directives of the Government to resolve the deadlock, traveled to Delhi on October 1 for talks with central government authorities.They highlighted how the new rules could spark operational bottlenecks in the procurement chain. In response, officials assured some way out in a week or two. The clauses should be based on ground realities, while facilitating recalibration of lint percentages every 15 days for fairer implementation. The rest of the regulations, however, will remain unchanged, they said.Undeterred by the partial concessions, the mills are holding firm. They remained stuck to their guns demanding full policy rollback to ensure smooth operations and protect the supply chain.read more :- INR Opens Stronger by 04 Paise at 88.74

 Rupee opens 4 paise higher at 88.74/USD on support from IPO inflowsThe local currency opened at 88.74 against the US dollar, as compared to 88.78 against the greenback at the previous close.read more :- CCI Cotton Sales (State Wise) – 2024-25

State-wise CCI Cotton Sales Details – 2024-25 SeasonThe Cotton Corporation of India (CCI) made no changes in per candy price this week. Following the price revision, CCI sold approximately 21,400 bales during the week, bringing the total cotton bales sales for the 2024-25 season to approximately 88,62,300 bales. This represents around 88.62% of the total cotton procured so far this season.A state-wise breakdown of sales indicates strong activity from Maharashtra, Telangana, and Gujarat, which together account for over 85.33% of the total sales to date.This data underscores CCI’s proactive efforts in stabilizing the cotton market and ensuring steady supply across key cotton-producing states.read more :-  Heavy rains in Nashik destroyed 30% of cotton crop.

Maharashtra: Heavy Rains Damage 30% Cotton Crop Area in Nashik RegionNashik: Intense rainfall last month has caused major damage to cotton crops across the Nashik region, impacting nearly 2.75 lakh hectares—about 30% of the total cotton cultivation area this season.The Nashik division, which includes Nashik, Jalgaon, Dhule, Nandurbar, and Ahilyanagar districts, had around 9 lakh hectares under cotton cultivation this year. Among these, Jalgaon leads with 4.36 lakh hectares, followed by Dhule (1.81 lakh ha), Ahilyanagar (1.5 lakh ha), Nandurbar (1.07 lakh ha), and Nashik (30,224 ha).According to the state agriculture department’s initial assessment, crop losses have varied across districts. Ahilyanagar reported the highest damage at 1.36 lakh hectares, followed by Jalgaon with around 1 lakh hectares affected. Nashik recorded losses on 21,299 hectares, Dhule on 10,305 hectares, while Nandurbar saw minimal damage at just 622 hectares.Farmers say the untimely rains have severely impacted cotton output. Sanjaykumar Patil, a farmer from Ganpur village in Jalgaon’s Chopda taluka, said that continuous rain and cloudy weather during September prevented cotton bolls from opening properly.“Usually, cotton picking begins in September when sunlight helps bolls split. But this year, nearly 50% of the bolls didn’t open due to excess rain, reducing production significantly,” he said. Patil added that his yield is likely to drop from 45 quintals last year to just 18–20 quintals this season on nine acres.Another farmer, Swapnil Patil from Erandol, also reported similar damage, noting that the fruiting stage of the crop was badly affected by heavy showers.Data shows that cotton acreage in the region has already declined by 13.7% this year—from 10.47 lakh hectares in the 2024 kharif season to about 9.04 lakh hectares. Along with reduced area, yields are also expected to fall.Industry experts warn of a sharp drop in production. Pradeep Jain, president of the Khandesh Ginning and Pressing Factory Owners Association, estimates that cotton output in the region could decline by more than 40% this year due to the combined impact of reduced acreage and weather damage.read more :- CCI sells 88.62% of cotton through e-auction, weekly sales at 21,400 bales

The Cotton Corporation of India (CCI)  Sells  88.62% of 2024–25 Cotton Procurement via E-Bidding, Logs Weekly Sales of 21,400 Bales.Throughout the week from 29 September to 03 October 2025, CCI conducted online auctions across its Mills and Traders sessions, with total sales reaching approximately 21,400 bales. Importantly, cotton prices remained unchanged during this period, ensuring stability in the market.Weekly Sales Performance29 September 2025: CCI sold 7,300 bales, including 5,500 bales in the Mills session and 1,800 bales in the Traders session.30 September 2025: The week’s highest sales volume was recorded at 10,400 bales, with Mills buying 7,100 bales and Traders securing 3,300 bales.01 October 2025: Sales surged to 1,800 bales, with Mills purchasing 1,000 bales and Traders accounting for 800 bales.03 October 2025 : The week concluded with the sales of 1,900 bales, split between 1,200 bales for Mills and 700 bales for Traders.CCI achieved total sales of approximately 21,400 bales for the week and for the season CCI’s cumulative sales have reached 88,62,300 bales, representing 88.62% of its total procurement for 2024–25.read more :- Rupee fell 11 paise to close at 88.78 per dollar

The Indian rupee on friday lower 11 paise to close at 88.78 per dollar, while it opened at 88.67 in the morning.At close, the Sensex was up 223.86 points or 0.28 percent at 81,207.17, and the Nifty was up 57.95 points or 0.23 percent at 24,894.25. About 2592 shares advanced, 1411 shares declined, and 132 shares unchanged.read more :- Ahmedabad traders get GST relief, demand for cotton clothes increases

GST cut benefits Ahmedabad traders, cotton fabric demand up 10%Cotton fabric traders in the city are seeing increased demand during the festive season. They attribute this to the reduction in GST on garments up to ₹2,500. Demand has increased by 10% since the central government announced the GST reduction, and orders are pouring in from across the country.Gaurang Bhagat, president of Maskati Cloth Market Mahajan, said, "Ahmedabad is considered one of the largest cotton fabric suppliers in the country. The period from Navratri to Diwali sees huge demand, contributing to at least 30% of the country's total annual textile demand. This year, the GST reduction has led to an increase of about 10% in production."Bhagat said that before GST 2.0, garments priced above ₹1,000 were subject to 12% GST. Now, garments up to ₹2,500 are subject to only 5% GST."We've also seen an increase in demand for clothing for the wedding season, which begins right after Diwali. The 18% GST on clothing priced above ₹2,500 will certainly have some impact, but we believe buyers will continue to purchase items they like during the wedding season." Mahajan officials also said that a decrease in imports from China has boosted local demand.Mahajan Secretary Naresh Sharma said, "Ahmedabad is one of the largest centers for cotton processing. Cotton prices have remained stable, and import duties on cotton have been removed, creating better prospects for manufacturers. Although US tariffs have impacted exports, domestic demand will provide significant relief." read more :- 

Government Sets Up Record 550 Cotton Procurement Centers Ahead of 2025–26 SeasonNew Delhi: The government has established 550 cotton procurement centers across the country, the highest ever, to ensure better farmer access and improved logistics efficiency during peak arrival periods. These centers will operate across all 11 cotton-producing regions.Phased Procurement Schedule AnnouncedTo align procurement with regional harvest timelines, operations will begin in phases:Northern region (Punjab, Haryana, Rajasthan): October 1Central region (Gujarat, Maharashtra, Madhya Pradesh, Odisha): October 15Southern region (Telangana, Andhra Pradesh, Karnataka, Tamil Nadu): October 21High-Level Review of MSP OperationsA comprehensive review of Minimum Support Price (MSP) operations for the 2025–26 Kharif cotton season was conducted by Neelam Shami Rao, Secretary, Ministry of Textiles. Senior officials from cotton-producing states, the Cotton Corporation of India (CCI), and the Ministry participated in the meeting.The Ministry said the initiative reflects its commitment to a transparent, efficient, and farmer-centric procurement system.Digital Push Through Kapas-Kisan AppThe government is promoting full digital integration in cotton procurement through the “Kapas-Kisan” app, which enables:Farmer self-registration7-day rolling slot bookingReal-time payment trackingFarmers have been advised to complete registration by October 31. Users from existing state systems in Andhra Pradesh, Telangana, Madhya Pradesh, and Haryana are also required to verify their details on the app.Direct Payments and Monitoring SystemPayments under MSP will be directly credited to Aadhaar-linked bank accounts via the NACH system, with SMS alerts at every stage from billing to payment confirmation.Local Monitoring Committees (LMCs) have been set up at all procurement centers to ensure transparency. The CCI has also launched a dedicated WhatsApp helpline to address farmer grievances promptly.The government has urged farmers to register early and use digital tools to avoid distress sales.read more :- INR Opens Stronger by 02 Paise at 88.67

 Rupee opens 02 paise up at 88.67 on easing dollar indexIndian rupee opened at 88.67 per dollar on Friday versus Wednesday's close of 88.69.read more :- Rupee higher 08 Paise Against USD, Closes at 88.69