During June 1-June 20, cumulative monsoon rainfall for the country was 7 per cent below LPA (long-period average), according to IMD. Monsoon rainfall was 9 per cent lower than normal in the central regions of the country, data showed.
Symbol: COTTON| Contract: May, 2019| Category: Fiber
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"Today's order will have wide-ranging, negative implications for biotech-based innovation across many sectors within India," said Monsanto India.
Under the partnership, Raymond has guaranteed a minimum procurement of Khadi and Khadi products for a period of five years with primary purchases of muslin cotton, wool blends and silk.
Republican Senator from Arkansas Tom Cotton, who met President Donald Trump this week, said the current system does not bring in the brightest and the best from across the world.
The move by the world's biggest cotton producer is likely to help rival suppliers like Brazil, the United States and some African countries boost exports, with some India textile mills even starting to import cheaper fibre from overseas.
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