Delayed monsoon hits cotton, pulses’ cultivation

Delayed monsoon hits cotton, pulses’ cultivation

A farmer prepares his farms near IITH at Kandi in Sangareddy district. | Photo Credit: MOHD ARIF The delayed onset of monsoon, which was 26% deficient till July 15, in the State this season, has badly impacted the cultivation of major crops such as cotton and redgram, along with other pulses. However, the extent of … Read more

Cotton prices take a knock as farmers offload stocks

Cotton prices take a knock as farmers offload stocks

Prices of cotton in the futures trade and at the farm gate have declined 8% and 12%, respectively, in the last fortnight, as farmers, who were holding the crop expecting prices to return to last year’s record-high levels, have started selling their produce. The daily arrival of cotton in the markets has increased fivefold to … Read more

Earlier govts did not have the sense to protect cotton mills based on local agri production: CM

Earlier govts did not have the sense to protect cotton mills based on local agri production: CM

Chief Minister Basavaraj Bommai arriving at a public meeting at the PDA Engineering College auditorium in Kalaburagi on Tuesday, after launching the mega textile park allocated under PM-MITRA Scheme. | Photo Credit: ARUN KULKARNI Recalling the time when cotton mills in Davangere, Hubballi, Raichur, Kalaburagi, Belagavi and other places in the State were processing raw … Read more

Climate change: Punjab’s cotton, maize yield to dip by 11-13% by 2050, says report

Climate change: Punjab’s cotton, maize yield to dip by 11-13% by 2050, says report

New Delhi: Climate change is predicted to reduce maize and cotton yield in Punjab by 13 per cent and 11 per cent by 2050, according to a new study conducted by agriculture economists and scientists at Punjab Agricultural University (PAU). Punjab accounts for around 12 per cent of the total cereals produced in the country. … Read more

S24 Parganas in Bengaluru employs embroidery artisans from Bengal

S24 Parganas in Bengaluru employs embroidery artisans from Bengal

During the first Covid-induced lockdown in 2020, Bengaluru-based entrepreneur Sosha Thomas received a call from an embroidery artisan in need of help. “He used to work with me earlier, and had lost his job due to the pandemic. He was expecting his first child and did not want to go to his village in West … Read more

Year on kharif sowing in Maharashtra trails by 87%

Year on kharif sowing in Maharashtra trails by 87%

The Maharashtra government is concerned about the unsatisfactory pace of kharif sowing in the state, which has been completed on 13% of the kharif area as against 100% coverage during corresponding period of the previous year. The state cabinet today discussed the state of kharif sowing in the state. The state has received 134 milimeter … Read more

Trade body CAI cuts India’s 2021-22 cotton production estimate by 2.33%

Trade body CAI cuts India’s 2021-22 cotton production estimate by 2.33%

Trade body Cotton Association of India (CAI) has reduced cotton crop production estimate for 2021-22 season beginning October 1, by 2.33% in its March estimate released today. The CAI has reduced its cotton crop estimate for the 2021-22 season by 8.00 lakh bales to 335.13 lakh bales (of 170 kg each) from its previous estimate … Read more

Exports jump 43 per cent to USD 35.65 billion in October, imports soar 62 per cent

Exports jump 43 per cent to USD 35.65 billion in October, imports soar 62 per cent

India’s exports rose by 43 per cent to USD 35.65 billion in October while trade deficit widened to USD 19.73 billion during the month, according to the official data released on Monday. Imports soared by 62.51 per cent to USD 55.37 billion widening the trade deficit. Export sectors which recorded positive growth during October include … Read more

Cotton industry is trying to poach farmers to increase acreage as farmers may opt for edible oils due to record prices

Cotton industry is trying to poach farmers to increase acreage as farmers may opt for edible oils due to record prices

A rally in both cooking oil prices, including soybeans and cotton, to a 11-year high has worried cotton traders that acreage for cotton could fall as farmers choose the smaller crop cycles of oilseeds and pulses. However, production cost of soyabean is less as farmers use their own seeds. Besides, pesticide and labour costs are … Read more

This stock is analysts’ top pick in textiles

This stock is analysts’ top pick in textiles

Mumbai: With a strong balance sheet, improving retail sales in key export markets, incremental revenues from new ethanol facilities and commissioning of the new garmenting capacity from next year, KPR Mills just received a thumbs-up from the analysts.The company, which has increased its cash balance and reduced consolidated debt in the first half of FY21, … Read more