Egypt withdraws 25 percent import fee on cotton yarn

October 11th, 2009 NAGPUR - The cotton growers in Maharashtra's Vidarbha region, who were worried about their crop during the June-August sowing season, now have their hopes rested on a good yield following the heavy rains witnessed in the State. It may be recalled that hundreds of farmers in Vidarbha, over the past decade, had resorted to suicide due to failure of their toil and inability to pay back their creditors.

October 9th, 2009 USDA: Cotton production to rise slightly over '08NEW ORLEANS — U.S. cotton production is forecast to reach 13 million bales, slightly more than a year ago, with farmers in parts of the South expecting record yields.

October 8th, 2009 NEW DELHI - Import of sensitive items into India, ranging from automobiles and alcoholic beverages to edible oil and vegetables, rose 34.5 percent during the first four months of this fiscal, despite a 32.5 percent dip in the overall import of merchandise goods. The total import of sensitive items stood at Rs.18,061 crore during the period under review compared to Rs.13,424 crore in the like period of last fiscal, as per data released by the commerce ministry Thursday.

September 30th, 2009 ABOHAR - Farmers in the Abohar region of Punjab are demanding that the State Government buy their cotton produce. The government agency's delay in buying cotton has increased the farmer's worries.

September 30th, 2009 CHANDIGARH - Punjab Wednesday asked the central government to announce minimum support price for cotton immediately as the marketing season of the produce will start shortly. Chief minister Parkash Singh Badal has sent a letter in this regard to union Textiles Minister Dayanidhi Maran, a state government spokesperson said here.

September 17th, 2009 Hanesbrands sells yarn business, closes facilityWINSTON-SALEM, N.C. — Hanesbrands Inc., which makes underwear and hosiery, on Thursday said it is selling most of its yarn manufacturing operations to Parkdale, a yarn manufacturer based in North Carolina.

September 11th, 2009 KOLKATA - Bibi Russell, a noted fashion designer from Bangladesh, showcased her new collection, which is inspired by the rural life on the second day of Kolkata Fashion Week here on Thursday. Russell's creations, which included sarees, salwar kurtas and western wear, were based on natural fabrics like cotton and silk.

September 10th, 2009 NEW DELHI - The cabinet Thursday approved the allocation of Rs.1,473 crore for the Cotton Corp of India (CCI) to meet the losses it has incurred in procuring cotton under the minimum support price (MSP) scheme. "The implementation of the decision will not only ensure remunerative returns to the cotton growers without quantitative restriction but also enable CCI for smooth conduct of MSP operations during the cotton season," the government said in a statement.

September 9th, 2009 New Delhi, Sept 8 (IBNS) The total import of sensitive items for the period April-June 09 has been Rs.13509 crore as compared to Rs.9608 crore during the corresponding period of last year thereby showing an increase of 40.6%. The gross import of all commodities during same period of current year was Rs.248171 crore as compared to Rs.334191 crore during the same period of last year.

September 3rd, 2009 NEW DELHI - Speaking on behalf of African nations, Egyptian Trade Minister Rachid Mohamed Rachid Thursday called for early resolution of issues concerning global cotton trade, which remained an important crop for several countries in the continent. "African countries remain concerned that no significant progress has been made in some key issues of interest to them, Rachid told the mini-ministerial meeting of the World Trade Organisation (WTO) here.

July 6th, 2009 NEW DELHI - With the exports dipping for the second consecutive month in May, the allocation for the market development scheme for exporters has been increased 148 percent to Rs.124 crore, Finance Minister Pranab Mukherjee said while presenting the union budget for 2009-10 in the Lok Sabha Monday. The market development scheme provides support to exporters in developing new markets.

June 30th, 2009 Report: Cotton acres hit lowest level since 1983NEW ORLEANS — U.S. farmers planted their fewest cotton acres since 1983 — just over 9 million — amid a continued swapping of acres for better priced and less-costly-to-produce crops such as corn and soybeans.

June 10th, 2009 SUBERNPUR - Farmers in Subernpur district of Orissa have taken to cotton cultivation to augment their income. Subernpur district is a drought prone region and the farmers are dependent on the rain for water.

April 2nd, 2009 KOLKATA - The inaugural Kolkata Fashion Week opened Thursday with Bangladesh's international model-turned designer Bibi Russell showcasing her 'gamcha' (stole) and natural fibre collection. The designer displayed 41 of her creations made from khadi, cotton, silk, jute yarn fabrics, tribal fabrics, natural fabrics and 'jamdani'.

February 4th, 2009 NEW DELHI - The government Thursday approved allocation of funds to the tune of Rs.5 billion (Rs.500 crore) for cotton growers as 'reimbursement of losses'. 'The cabinet today (Thursday) approved allocation of Rs.5 billion in the current fiscal, as cotton prices fell below the minimum support price (MSP) in domestic markets to meet an earlier commitment it made to cotton farmers,' an official statement said.