Cotton production to increase in Telangana says officialAgriculture minister MRK Pannerselvam , in an inaugural ceremony of Rasi seeds said that the state government is putting over huge efforts to enhance the cultivation land for cotton. In terms of figures he announced to increase the area under cotton cultivation to 4.53 lakh acres this year which was 3.5 lakh acres last year.“We aim to be at the topmost position being at third position currently in the sector of cotton production “, he asserted. He also emphasised that consumer preference researches should be employed to grow and develop quality seeds resulting in a better harvest.Minister of agriculture corporation and marketing in Telangana , Singireddy Niranjan Reddy, said on the event that the day is not far when India will cater the food and garment needs of world. Thus, we should work and aim with a vision to meet the demands of international markets along with planning strategies for local consumers.
Maharashtra to surge cotton and soybean production Agriculture minister Dada Bhuse , announced on Monday to spend Rs. 1000 crores in upcoming three years to promote and extend the production of cotton and soybean in Maharashtra.The plan will be implemented under cluster projects in the districts that grow the two crops. Along with the cultivation, marketing and transportation strategies will also be developed, Bhuse said. As per reports, area for production of cotton and soybean accounts for 46.17 lakh hectare and 39.54 lakh hectare respectively which makes 58% of the total area for cultivation of kharif crops across the state.Bhuse also said that the Indian Meteorological Department (IMD) predicts a good rainfall for kharif season crops; however he also advised them to not sow the crop until adequate rainfall. Out of the 27.50 lakh hectare sowing area in Nashik revenue division cotton captures 10.32 lakh hectare and soybean does 2.84 lakh hectare. Bhuse also asks the government to increase the subsidy on drip irrigation from 45% to 75%.
Rupee opens 17 paise stronger against dollarRupee opened strongly against the dollar in the foreign exchange market today. Today the rupee opened with a gain of 17 paise at Rs 77.29 against the dollar. At the same time, on Monday, the rupee closed at Rs 77.46 with a weakness of 55 paise against the dollar.
सेंसेक्स में तेजी, आज 146 अंक बढ़कर खुलाआज शेयर बाजार तेजी के साथ खुला। आज बीएसई का सेंसेक्स करीब 145.61 अंक की तेजी के साथ 54616.28 अंक के स्तर पर खुला। वहीं एनएसई का निफ्टी 44.60 अंक की तेजी के साथ 16346.50 अंक के स्तर पर खुला। Sensex rises 146 points todayToday the stock market opened with great momentum. Today the BSE Sensex rose by about 145.61 points to open at the level of 54616.28 points. On the other hand, the Nifty of NSE opened with a gain of 44.60 points at the level of 16346.50 points.
कैसे बढ़ेगा रकबा ? कपास किसानों को सता रहापिंक बॉलवर्म का डर, कपास बोवनी से पीछे लिएकदम पिछले सीजन पिंक बॉलवर्म कीट ने पंजाब और हरियाणा में कपास की फसल को भारीनुकसान पहुंचाया था। कई किसानों की पूरी फसल इस कीट ने नष्ट कर दी थी। यही वजह हैकि इस साल किसान कपास की खेती करने से पीछे हट रहे है। हाल ही में एक प्रतिष्ठितअखबार में प्रकाशित एक खबर के अनुसार पंजाब के प्रमुख कॉटन उत्पादक जिलों मेंपिछले साल की तुलना में 50 प्रतिशत बुआई भी नहींहुई है, जबकि बुआई का आधे सेज्यादा समय निकल चुका है। दरअसल, यहां के किसान गुलाबी सुंडी कीट से इतने परेशान है कि वेकपास की खेती करने से ही पीछे हट रहे है। ऐसे में सरकार द्वारा कपास का रकबा बढ़नेकी बात पर सवालिया निशान खड़ा हो गया है। कपास की खेती से किसानों का मोहभंग होने की एक वजह यह भी है कि पिछले सीजनकपास के अलावा अन्य फसलों जैसे सोयाबीन,बाजरा और मक्काआदि की कीमतें भी बढ़ी है। कपास की फसल में मुनाफा तो हुआ है लेकिन इसका रखरखावकरना उनके लिए मुश्किल हो रहा है। यही वजह है कि किसान दूसरी फसलों की ओर आकर्षितहो रहे है।
Today evening, the rupee depreciated by 55 paise to close at Rs 77.46 against the dollar.The fall in the Sensex increased further, closing down by breaking 365 pointsToday the stock market closed with a fall.Today, where the Sensex fell by about 364.91 points, closed at the level of 54470.67 points. On the other hand, Nifty closed at 16301.90 with a fall of 109.40 points.
All India Weather Forecast for May 09, 2022Weather systems made across the country The deep pressure over southeast Bay of Bengal has increased in west-northwest direction and intensified into Cyclone Asani. Today at 5:30 pm on 8th May, it is over Southeast Bay of Bengal near latitude 11°N and 89°E about 450 km west-northwest of Car Nicobar, 380 km west of Port Blair, 970 km south of Visakhapatnam was in the past. It will move in northwest direction and intensify into a severe cyclone. It will continue to move in a northwest direction till the evening of May 10 and reach west central and adjoining north Andhra Pradesh and southwest Bay of Bengal near Odisha coast. Thereafter, it is expected to turn north-northeastwards towards northwest Bay of Bengal.A Cyclonic Circulation is persisting over Vidarbha and adjoining areas.From the cyclonic circulation over Vidarbha, a trough is extending up to South Interior Karnataka across Marathwada and North Interior Karnataka.A Cyclonic Circulation is persisting over Northeast and adjoining areas of Bangladesh.A fresh Western Disturbance is likely to reach Western Himalayas by the night of May 11.Weather movement across the country during the last 24 hoursDuring the last 24 hours, Andaman and Nicobar Islands received light to moderate rain with isolated heavy falls.Light to moderate rain occurred over Kerala Interior Tamil Nadu, Gangetic West Bengal, parts of East Jharkhand and Western parts of Assam.Light rain occurred over Sub-Himalayan West Bengal, Sikkim, East Bihar, isolated parts of Coastal Andhra Pradesh, North Interior Karnataka and South Interior Karnataka.Heat wave conditions are prevailing in isolated parts of Vidarbha, West Madhya Pradesh, West Rajasthan and Saurashtra.Probable weather activity during next 24 hoursDuring the next 24 hours, light to moderate rain is likely over Andaman & Nicobar Islands, Gangetic West Bengal, Coastal Odisha, Coastal Andhra Pradesh, Manipur, Mizoram, Tripura and parts of Meghalaya and Nagaland.Light to moderate rain is possible at isolated places over Assam, Arunachal Pradesh, Sub-Himalayan West Bengal, Bihar, Jharkhand, Interior Odisha, Kerala, South Karnataka, Rayalaseema and Tamil Nadu.The sea condition will be very rough to very rough over Southeast and adjoining East-central Bay of Bengal. The wind speed can reach 90-100 kmph to 110 kmph.
Rupee breaks 20 paise against the dollar, breaks the level of Rs 77In the foreign exchange market, the rupee opened with a fall today against the dollar. Today the rupee opened with a strength of 20 paise at Rs 77.12 against the dollar. At the same time, on Friday, the rupee closed at Rs 76.92 with a weakness of 66 paise against the dollar.
Sensex collapses as soon as it opens, registers a fall of 625 pointsToday the stock market opened with a fall. Today the BSE Sensex fell by about 624.67 points and opened at the level of 54210.91 points. On the other hand, the Nifty of NSE opened at a level of 16236.00 points down by 175.30 points.
Know how this week was for textile investors A look at the stock report of major textile companies from May 2 to May 7 After the month of April, there is a lot of bustle in the stock market in May as well. Recently, there was a huge fall in the American stock market and its direct impact was on the Indian stock market. As a result, the market cap of the shares of almost all the companies remained negative. Most of the shares of major companies in the textile segment also registered a decline. Let us know what was the performance of major textile companies on the platform of BSc-
Indian stock market got a setback due to heavy fall in US stock market, Sensex 866 on Friday Points fell and closed at the level of 58,835.58. Rupee weakens against dollar, with a decrease of 66 paise, the price reached Rs 76.92. There was a recession of 500 to 1000 rupees in the cotton physical market all over India. No sales, bought. Buying in gold and increase in price continues, till the writing of the news, gold reached 51269 by increasing by Rs 370 at the level of. Falling trend continues in Malaysia Oil Market, the price reached 7065 Ringint, down by 317 Ringgint.
Effect of rising cotton prices, now branded clothes will be expensiveDisturbed by the continuous increase in cotton prices, now fashion retailers have planned to increase the prices of branded garments. Growing fashion retailers such as Celio, Arvind Fashion and Shoppersstop say that due to the increase in cotton prices, our input costs have increased significantly, resulting in us having to hike prices. Cottonka is used exclusively in branded clothing. 50 percent cotton is used in denim, 30 to 40 percent in t-shirts and 10 to 20 percent in inner wear. It is clear that with the increase in the prices of cotton, their cost increases directly. Due to the increase in the prices of clothes, once again the burden on the pocket of the common man is going to increase. Cotton prices have gone up by 45 percent as compared to last year. In fact, due to the strong demand in the international market, there has been a lot of jump in the prices of cotton. This has become a growing problem for fashion retailers. According to Crisil Research, one of the reasons for the increase in prices is that cotton futures on Intercontinental Exchange ICE have crossed the level of $ 1.5 per pound. Prices in India stood at Rs 8,220 per quintal as compared to Rs 5,728 in the previous year, showing a growth of 45 per cent on a year-on-year basis, the agency said. Apart from this, the important reason for the jump in cotton prices in India is the decrease in cotton crop and increase in consumption. Let's know what the major fashion brands are saying on increasing the pricesCotton prices have increased by 45 percent as compared to last year. We are making every effort to reduce the prices, but we cannot bear the full burden of the increased prices, so there is no other option but to increase the prices. Kulin Lalbhai, Arvind Fashion DirectorWe had raised prices by 10 to 12 per cent in October 2021, when there was no reduction in demand anywhere from our premium to mid-segment. Seeing the rising prices of cotton, we may have to take the step of increasing the price again. --Venu Nair, CEO, Shoppers StopIf cotton prices continue to remain volatile as today, we will increase prices by 5 to 6 per cent, which will be in line with inflation. Celio may hike prices before launching its winter collection. --Satyen Momaya, CEO, CellioNote- The government is now imposing a temporary ban on the export of cotton from India to stop the rise in prices.
The effect of the huge fall in the US stock market last night was seen in Asian stock markets including Indian today.Today evening, the rupee depreciated by 66 paise to close at Rs 76.92 against the dollar.Today the stock market closed with a huge fall.Today, where the Sensex fell by about 866.65 points, closed at the level of 54835.58 points. On the other handNifty closed at the level of 16411.30 points down by 271.40 points.Today Malaysia Palm Oil continued its decline, falling 317 Ringgit (₹ -5.5/kg) to close at 7065.
Sensex collapses as soon as it opens, registers a decline of 883 pointsToday the stock market opened with a fall. Today the BSE Sensex fell by about 883.46 points and opened at 54818.77 points. On the other hand, the Nifty of NSE opened at a level of 16411.30 points down by 271.40 points.
Rupee slammed against dollar, opened 37 paise weakIn the foreign exchange market, the rupee opened with a fall today against the dollar. Today the rupee opened with a gain of 37 paise at Rs 76.62 against the dollar. At the same time, the rupee on Thursday closed at Rs 76.26 with a gain of 16 paise against the dollar.
All India Weather Forecast for May 06, 2022Weather systems made across the countryThe Western Disturbance is over North Pakistan and adjoining areas.An Induced Cyclonic Circulation lies over Central Pakistan and adjoining Punjab.A trough is extending from Punjab to Manipur across East Rajasthan, North Madhya Pradesh, North Chhattisgarh, Jharkhand, West Bengal and South Assam.A Cyclonic Circulation is persisting over Southeast Uttar Pradesh.A trough is extending from Vidarbha to South Tamil Nadu via Telangana and Rayalaseema.A low pressure area has developed over South Andaman Sea and adjoining region. It may further intensify into a depression and move in a north-westerly direction initially.Weather movement across the country during the last 24 hoursDuring the last 24 hours, light to moderate rain with isolated heavy falls occurred over Punjab, Uttar Pradesh, Northeast Madhya Pradesh, Rayalaseema, Kerala, Coastal Karnataka, Tamil Nadu and Sikkim.Dust storm, thunderstorm and hailstorm activities were witnessed at isolated places over Punjab, Haryana, Delhi and parts of Uttar Pradesh.Light to moderate rain occurred at isolated places over Jammu and Kashmir, Gilgit-Baltistan, Muzaffarabad, Himachal Pradesh, Ladakh, Uttarakhand, Andhra Pradesh, Andaman and Nicobar Islands and Telangana.Light rain occurred at isolated places over Chhattisgarh, Jharkhand, Bihar, Coastal Andhra Pradesh, East Arunachal Pradesh, Assam, Manipur, Mizoram, Tripura, Nagaland and Lakshadweep.The minimum temperatures have dropped significantly over Punjab, Haryana, Delhi, Uttar Pradesh, parts of North Chhattisgarh and North and Northeast Madhya Pradesh.Probable weather activity during next 24 hoursDuring the next 24 hours, isolated heavy to very heavy rain is likely over South Karnataka, Kerala, Tamil Nadu and Andaman & Nicobar Islands.Light to moderate rain may occur over Manipur, Mizoram, Tripura, Meghalaya, Sikkim, parts of Odisha, West Bengal, Jammu and Kashmir, Himachal Pradesh and Uttarakhand.Light rain, dust storm, thundershowers are very likely to occur over parts of North Rajasthan and at isolated places over Punjab, Delhi and Haryana.Light rain is possible over Coastal Andhra Pradesh, Rayalaseema, Bihar, Jharkhand, West Bengal and one or two parts of Telangana.Heat wave conditions may occur at isolated parts of North Madhya Maharashtra and Vidarbha.
U.S. EXPORT SALES FOR WEEK ENDING 28/04/2022Cotton: Net sales of 232,400 RB for 2021/2022 were up 92 percent from the previous week and up noticeably from the prior 4-week average. Increases primarily for China (99,700 RB, including decreases of 13,500 RB), Vietnam (65,800 RB, including 1,000 RB switched from Indonesia and 400 RB switched from South Korea), Bangladesh (24,000 RB), Turkey (15,400 RB, including decreases of 1,600 RB), and India (14,900 RB, including decreases of 1,200 RB), were offset by reductions for the Philippines (900 RB). Net sales of 93,200 RB for 2022/2023 were primarily for Turkey (36,300 RB), Pakistan (19,800 RB), Guatemala (14,600 RB), Peru (9,600 RB), and Indonesia (6,600 RB). Exports of 426,600 RB were up 11 percent from the previous week and from the prior 4-week average. The destinations were primarily to China (156,500 RB), Turkey (74,200 RB), Vietnam (65,100 RB), Pakistan (48,000 RB), and Mexico (14,100 RB). Net sales of Pima totaling 3,400 RB were down 74 percent from the previous week and 47 percent from the prior 4-week average. Increases reported for China (2,800 RB), Vietnam (1,300 RB, including 400 RB switched from Japan and 400 RB - late), Pakistan (1,000 RB, including 900 RB switched from the United Arab Emirates and 900 RB - late), Thailand (600 RB, including 300 RB switched from Japan, 300 RB switched from unknown destinations, and 300 RB - late), and Indonesia (100 RB switched from Japan, including 100 RB - late), were offset by reductions for the United Arab Emirates (900 RB), Japan (800 RB), India (400 RB), and unknown destinations (400 RB). Net sales of 4,000 RB for 2022/2023 were primarily for India (2,600 RB). Exports of 21,200 RB were up noticeably from the previous week and up 72 percent from the prior 4-week average. The destinations were primarily to India (8,300 RB), Peru (3,500 RB), Thailand (1,700 RB, including 300 RB - late), China (1,700 RB, including 1,300 RB - late), and Turkey (900 RB). Optional Origin Sales: For 2021/2022, the current outstanding balance of 57,200 RB is for Vietnam (52,800 RB) and Pakistan (4,400 RB). Exports for Own Account: For 2021/2022, the current exports for own account outstanding balance is 100 RB, all Vietnam. Late Reporting: For 2021/2022, net sales totaling 1,700 RB of pima cotton were reported late for Pakistan (900 RB), Vietnam (400 RB), Thailand (300 RB), and Indonesia (100 RB). Exports totaling 3,900 RB of pima cotton were reported late to China (1,300 RB), Pakistan (900 RB), Vietnam (400 RB), Switzerland (400 RB), Germany (400 RB), Thailand (300 RB), Colombia (100 RB), and Indonesia (100 RB).
Cotton prices increased by 39 percent in 5 months in Madhya PradeshThis season the price of cotton has increased surprisingly. In almost all the mandis of all the states of the country, the graph of cotton prices has gone up completely. (smartinfo)Talking about the figures, in Madhya Pradesh alone, the price of cotton has increased by 28 percent in the last 5 months. At the beginning of the year, the price of a cotton candy here was 69,750, while exactly 5 months later, on May 2, the price of cotton candy was recorded at 97,250. For the first time in the history of the state, a difference of Rs 27,500 was seen in the cotton price in just five months.Along with cotton, there has been a significant increase in the prices of other related products like comber, khal and seed. On January 1, 2022, the price of comber in the state was Rs 97 per kg, while on May 2, 2022 it increased by Rs 30 to Rs 127 per kg. (smartinfo)The price of Khal has also increased significantly during this time period. On January 1, the khal was sold at a price of Rs 3450 per quintal, while on May 2, 2022 its price reached Rs 3625 per quintal. There has also been a significant increase in the price of seed in the state. The seed price was Rs 3700 per quintal on 1 January 2020, which has increased to 4200 per quintal on 5 May 2022.
Today evening, the rupee strengthened by 16 paise to close at Rs 76.26 against the dollar.The stock market closed sharply.Today, where the Sensex closed at the level of 55702.23 points with a gain of 33.20 points. On the other hand, the Nifty closed at the level of 16682.70 points with a gain of 5.10 points.
Sensex returns, opens up 515 pointsToday the stock market opened with great momentum. Today the BSE Sensex rose by about 515.45 points to open at the level of 56184.48 points. On the other hand, the Nifty of NSE opened with a gain of 158.70 points at the level of 16836.30 points.