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Rupee opens 05 paise down at 88.72 against dollarThe currency opened at 88.72 against the dollar after ending the previous session at 88.67.read more :- Rupee fell 05 paise to close at 88.67 per dollar

The Indian rupee on thursday lower 05 paise to close at 88.67 per dollar, while it opened at 88.62 in the morning.At close, the Sensex was down 555.95 points or 0.68 percent at 81,159.68, and the Nifty was down 166.05 points or 0.66 percent at 24,890.85. About 1405 shares advanced, 2586 shares declined, and 125 shares unchanged.read more :- Barwani: Rain and caterpillar wreak havoc on cotton, production drops from 12 to 3 quintals per acre

Madhya Pradesh: Cotton crop in Barwani suffers double blow, rain and pink bollworm infestation reduce production from 12 to 3 quintals per acreThe hardships of cotton farmers in Barwani district are steadily increasing. First, continuous rain and waterlogging damaged the crops, and now the pink bollworm infestation has dashed any remaining hopes. Farmers are deeply disappointed to see the wilting and decaying crops in the fields.According to farmer Bhagirath Patel, the continuous rain has flooded the fields, causing the cotton tassels (unripe fruits) to rot and turn black. He said that previously, cotton production was 10 to 12 quintals per acre, but this year it is expected to be barely 2 to 3 quintals.Meanwhile, Mahesh Dhangar, a farmer from Talun village, said that he had planted cotton on three and a half acres, but the natural disaster and pink bollworm destroyed the entire crop. He said, "There are three to four caterpillars in each cob, which has completely ruined the crop." The farmer explained that he has spent approximately one lakh rupees on three and a half acres, while the yield has been only 2 to 2.5 quintals per acre. He has demanded compensation from the government, considering this a natural disaster.Debt Burden and Import Duty BurdenFarmer Sanjay Yadav also reported that his entire four-acre crop was damaged by pink caterpillar. He said, "First, there was the rain, and now the pink caterpillar disease has ruined the crop. We had hoped to produce more than 10 quintals this time, but we haven't even got two." Describing their plight, farmers say that they take loans to grow crops, but sometimes disasters or diseases destroy the crop, making it difficult to repay the loans.Another major blow to farmers has been the reduced import duty on foreign cotton. They say that due to cheap imports, the price of cotton has fallen in the domestic market. Additionally, CCI procurement is delayed, making it difficult for farmers to store their produce.Cotton procurement has begun in the district's markets, but it will take another 8 to 15 days to harvest the crop from the fields. Farmers grappling with this double whammy are in deep financial crisis, and their anger is growing.read more :-Cotton prices below MSP, CCI intervention sought

Cotton being sold below MSP’, Agriculture minister Gurmeet Singh Khudian seeks CCI interventionAddressing the media here, Khudian said against the MSP of ₹7,710 per quintal, farmers are receiving in the range of ₹5,600-5,800 a quintal in mandis.With the cotton crop being sold “below” the minimum support price (MSP) in the state, Punjab agriculture minister Gurmeet Singh Khudian on Wednesday sought the intervention of the Cotton Corporation of India (CCI) to intervene in the market to ensure farmers get the right price for their crop.The minister said despite a 20% increase in area under cotton cultivation due to the Punjab government’s initiatives under the crop diversification drive, farmers are now facing despair due to the CCI’s conspicuous absence.Expressing concern over the Centre’s “failure” to fulfil its promise of MSP for cotton farmers, the minister questioned whether the crop is here. “The farmers are here. But where is the CCI?,” he asked.He said the state government’s 33% subsidy on hybrid cotton seeds and other proactive measures resulted in a significant 20% increase in cotton cultivation, from around 99,000 hectares in 2024 to 1.19 lakh hectares this year.He emphasised that farmers, who invested their savings and labour based on the MSP announced by the Centre, are now being forced into distress sales to meet financial needs. He urged the CCI to intervene in the market so that farmers get the right price for their crop.read more :-INR Opens Stronger by 07 Paise at 88.62

 Indian rupee opens 07 paise higher at 88.62/USD as Dollar Index easesIndian rupee opened higher at 88.62 per dollar on Thursday versus Wednesday's close of 88.69.read more :- INR Gains 06 Paise, Closes at 88.69 per Dollar

The Indian rupee on wednesday higher 06 paise to close at 88.69 per dollar, while it opened at 88.75 in the morning.At close, the Sensex was down 386.47 points or 0.47 percent at 81,715.63, and the Nifty was down 112.60 points or 0.45 percent at 25,056.90. About 1535 shares advanced, 2445 shares declined, and 143 shares unchanged.read more :- Cotton sown in 1.82 lakh hectares, survey started for support price purchase

Cotton has been sown on 1.82 lakh hectares in the district, and a production survey has begun, which will be used for procurement at the minimum support price.Upper Rajasthan: The Agriculture Department is conducting a survey to assess potential cotton production in Hanumangarh district. Field staff, including agricultural supervisors, have been asked to report on average yields per acre. The report will be ready this week. After this, potential production figures will be sent to the government. According to reports, American and Bt cotton have been sown on 1 lakh 82 thousand hectares this year.In many areas, excessive rainfall has caused some damage to crops. A thorough ground survey is being conducted to gather information on potential yields. Currently, market prices are low. CCI will begin government procurement from October 1. According to Agriculture Department officials, heavy rains also occurred in many areas in September, causing crop damage. Initially, the bonds formed rotted. This will reduce production and impact quality. Potential production will be accurately assessed once the survey report is available.Early harvested crops in the district have ripened and are ready for harvest. Arrivals of cotton have begun in the markets. Currently, the main markets in the district are receiving approximately 100 to 150 quintals, and the average market price is 6,500 to 7,000 rupees per quintal. Cotton cultivation in the district has been highest in the Hanumangarh, Sangaria, Pilibanga, and Rawatsar tehsils.In Tibbi tehsil, farmers have also sown paddy alongside cotton. The area under cotton cultivation in Nohar and Bhadra tehsils is very low. The department is focusing on the areas with the highest cultivation. Agricultural supervisors have been instructed to visit the fields and assess potential yields.The crops in the areas where farmers sowed early have ripened. Arrivals are also being received in the markets these days. Farmers are bringing cotton directly from their fields to the markets.Arrivals are expected to increase around Dussehra. Traders also start cotton factories on the occasion of Dussehra. 41 quintals of cotton arrived in Hanumangarh town on Friday and the average market price was Rs 6500 per quintal. 45 quintals of cotton arrived in Rawatsar and the average market price was Rs 6900 per quintal. 3 quintals of cotton arrived in Pilibanga and the average market price was Rs 6500 per quintal.Last year, due to low production, purchase could not be done at the support price. Officials are assessing the potential production, field staff has been deployed; a report on the potential cotton production is being prepared. Staff has been deployed for survey.read more:-  80% of cotton in Punjab sold below MSP

80% cotton arrivals sold below MSP in PunjabKheta Ram, a small farmer from Dharampura village in Abohar, is distraught. Fearing a sharp decline in cotton prices before the mandis get flooded with what was once referred to as “white gold”, he was amongst the first to have picked up the crop and sold it in the mandi.As against the minimum support price (MSP) of Rs 7,710 per quintal for his medium long staple cotton, he got just Rs 5,151 per quintal. “I had taken four acres on lease to grow cotton. Now, I have suffered a huge loss because my crop sold Rs 2,559 per quintal below the MSP. I will have to think of cultivating the MSP-guaranteed wheat paddy next year,” he rued.Kheta Ram is not the only cotton farmer in Punjab who is thinking of leaving cotton cultivation. An astounding 80 per cent of the cotton purchased so far in the state has been bought at rates below the MSP, according to the state government’s own data.Of the 6,078 quintals of cotton purchased in mandis of Fazilka, Bathinda, Mansa and Muktsar, 4,867 quintals has been purchased below the MSP with minimum rates of purchase ranging from Rs 4,500 to Rs 5,900 per quintal in these districts.The reason for the crop selling below the MSP is that so far the government procurement agency, Cotton Corporation of India (CCI), has not started making any cotton purchase. The entire cotton purchase so far has been done by private players, including cotton ginners and traders. As of date, 11,218 quintals of cotton has arrived in the state’s mandis.cotton was cultivated on 1.19 lakh hectares. But the floods that hit the state in August-September damaged cotton crop on 12,100 hectares. Even the other cotton-growing areas not ravaged by the floods have seen high moisture content in the crop.Dr Bhagirath Chaudhary from South Asia Biotechnology Centre, which does extensive work on promoting cotton, said that because of the floods in Punjab, the strength of cotton crop was less than the prescribed limit and the moisture content was higher than the prescribed limit of eight per cent. “As a result, the growers are being paid very low prices by private traders. We have written to the CCI to start making purchases to alleviate the economic crisis of growers,” he said.Balkar Singh, a farmer from Khiali Chahianwali village in Mansa, who is also the vice-president of BKU Ekta Dakaunda, said that yesterday, cotton growers in Mansa mandi protested after the price offered by private players ranged from Rs 5,300 to Rs 6,800 per quintal. “Where will the farmers go when the CCI refuses to enter the market? That is why the farmers’ demand of guaranteed purchase of crops on MSP — the way it is done for wheat and paddy — should be met by the government,” he reasoned.Rajnish Jain, a commission agent in Maur, who deals in cotton, said that the traders were unwilling to pay higher prices because the moisture content was quite high because of the untimely rain.read more :- Rupee opens steady at 88.75 /USD

 Rupee opens flat at 88.75 against dollar as tariff uncertainty continuesThe rupee opened at 88.75 against the dollar after ending the previous session at 88.75.read more :- India Weather Update: September 24, 2025

Weather update and forecast for September 24 across IndiaThe withdrawal line of the Southwest Monsoon currently runs along latitude 32°N/longitude 74°E, passing through Tarn Taran, Sangrur, Jind, Rewari, Tonk, Mahesana, Porbandar, and latitude 21°N/longitude 68°E.Favorable conditions are developing for the further withdrawal of the Southwest Monsoon from additional parts of Rajasthan, Gujarat, Haryana, and Punjab, as well as parts of Himachal Pradesh, Jammu & Kashmir, Delhi, and Uttar Pradesh within the next 24–48 hours.A low-pressure area persists over the north Bay of Bengal and adjoining northwest Bay of Bengal, extending into the coastal regions of West Bengal and north Odisha. The associated cyclonic circulation reaches up to 5.8 km above mean sea level.Another low-pressure area is expected to form over the east-central and adjoining north Bay of Bengal around September 25. Moving northwestward, it is likely to intensify into a depression over the northwest and adjoining west-central Bay of Bengal off the south Odisha–north Andhra Pradesh coasts by September 26. It may cross these coasts around September 27.Additionally, a trough extends from the cyclonic circulation over the northwest Bay of Bengal and coastal West Bengal–north Odisha to Telangana, between 3.1 and 5.8 km above mean sea level.A separate cyclonic circulation is also present over the central parts of coastal Andhra Pradesh, extending up to 5.8 km above mean sea level.read more :- INR Drops 34 Paise, Closes at 88.75 per Dollar

The Indian rupee on tuesday lower 34 paise to close at 88.75 per dollar, while it opened at 88.41 in the morning. The BSE Sensex, which hit a low of 81,777 during the day, settled at 82,102.10, lower by 57.87 points or 0.07 per cent.read more :- India seeks WTO consultations with Indonesia