All India Weather Forecast for May 12, 2022One trough is extending from Punjab to Southwest Madhya Pradesh and another trough is extending from Vidarbha to Coastal Andhra Pradesh.Weather movement across the country during the last 24 hoursDuring the last 24 hours, light to moderate rain with isolated heavy falls occurred over Kerala and Gangetic West Bengal.Light to moderate rain at one or two places has occurred over parts of Tamil Nadu, South Interior Karnataka, Rayalaseema, Manipur, Mizoram and Tripura.Light to moderate rain occurred over Coastal Andhra Pradesh and Andaman and Nicobar Islands.Heat wave conditions are prevailing in some parts of Rajasthan and isolated parts of Gujarat, Madhya Pradesh and Vidarbha.Weather activity likely during next 24 hoursModerate to heavy rains are likely over Coastal Andhra Pradesh during the next 24 hours.Light to moderate rain may occur over Tamil Nadu, South Karnataka, Sikkim and Andaman and Nicobar Islands.Light rain is possible over Bihar, Jharkhand, Interior Odisha, South Chhattisgarh, parts of Telangana, Konkan and Goa, North Interior Karnataka, South Madhya Maharashtra, Himachal Pradesh and Uttarakhand.Heat wave conditions are possible over many parts of Rajasthan, Gujarat, Vidarbha, Marathwada, North Madhya Maharashtra, Madhya Pradesh and isolated parts of South Haryana.
Sensex boomed as soon as it opened, registered a decline of 632 pointsToday the stock market opened with a fall. Today the BSE Sensex fell by about 632.45 points and opened at the level of 53455.94 points. On the other hand, the Nifty of NSE opened with a decline of 178.70 points at the level of 15988.40 points. Today, trading started in a total of 1,584 companies in the BSE, out of which about 507 shares opened with a rise and 985 with a fall.
Rupee collapses against dollar, opens weak by 29 paiseRupee opened with weakness today against the dollar in the foreign exchange market. Today the rupee opened with a weakness of 29 paise at Rs 77.53 against the dollar. At the same time, on Wednesday, the rupee closed at Rs 77.24 with a strength of 9 paise against the dollar.
Cotton consumption in India reduced by 10 lakh bales per monthThe record high prices of raw cotton have led to a decline in the monthly cotton consumption in India. According to the Spinning Mills Association, 29 lakh bales are consumed per month in the country, but this month this figure has come down to 19 lakh bales. The reduction of 10 lakh bales in consumption in a month is astonishing. Let us know in which state there has been a reduction in cotton consumption per month.A look at the reason for the low consumption of cotton-Record increase in the prices of raw cotton.Mills are not able to sell in domestic and export market at higher prices of yarn.Many small mills are 100 percent closed due to loss.- Many big mills are also working for only one shift.Due to not being able to sell yarn at record rates, some mills have taken one or two days off in a week.Many mills are shifting from cotton to polyester and viscose.To reduce cotton usage, many mills are shifting from combed yarn to carded yarn.There are also some states where these days there is a power cut of 6 to 8 hours daily, as a result mills remain closed for the same number of hours.Garment and powerlooms are working with only 30 to 50 percent capacity.Due to the high rates of cotton yarn, the garment sector and powerloom unions have announced 100% strike from May 15 to 22.
Export of cotton textile increases immensely, touches $ 15.29 billion in year 2021-22In the year 2021-22, the export of cotton textiles, including raw cotton is $15.29 as per the provisional data.This is s great spike as compared to last year which was merely $9.8 billion. The government targeted the export of $13.6 billion this year, says Manoj Kumar Patodia, chairman of Cotton Textile Export Promotion Council (Texprocil).Such a major jump is because of the exports of yarn, fabrics and made ups to countries like Bangladesh, US, Portugal and Sri Lanka.The Chairman of Texprocil , Siddhartha Rajagopal added that yarn export to China and textile export to countries like Egypt and Portugal also contributed to the such huge quantity of export. Indian marketers were in search of new markets and apart from it they increased the volume of exports too.But the sustainability of this growth is dependent over several factors such as supply chain limitation, high price raw materials etc. So before proceeding for the next marketing year traders should re-examine the business model to remain competitive in market.
Today evening, the rupee strengthened by 9 paise to close at Rs 77.24 against the dollar.Sensex closed down by breaking 276 pointsToday the stock market closed with a fall.Today, where the Sensex fell by about 276.46 points, closed at the level of 54088.39 points.On the other hand, Nifty closed at the level of 16167.10 points down by 72.90 points.
Sensex rose today, opened up 162 points.Today the stock market opened with great momentum. Today the BSE Sensex rose by about 161.88 points to open at the level of 54526.73 points. On the other hand, the Nifty of NSE opened with a gain of 58.00 points at the level of 16298.00 points. Today, trading started in a total of 1,640 companies in the BSE, out of which about 954 shares opened with a rise and 578 with a fall.
Rupee opens 12 paise stronger against dollarRupee opened with strength today against the dollar in the foreign exchange market. Today the rupee opened with a strength of 12 paise at Rs 77.21 against the dollar. At the same time, on Tuesday, the rupee strengthened by 14 paise to close at Rs 77.33 against the dollar. Trading in dollars needs to be done very wisely, otherwise the investment may suffer.
Rupee recovers 12 paise to close at 77.32 against US dollarSnapping its two-day losing streak the rupee appreciated 12 paise to end at 77.32 (provisional) against the US dollar on Tuesday, supported by a rebound in regional currencies and fall in crude oil prices.Indian equity markets ended lower on Tuesday amid weak global cues.BSE Sensex closed 105.82 points or 0.19% lower at 54,364.85, while the NSE Nifty 50 ended 61.90 points or 0.38% lower at 16,240
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.