Business & Economy
In this section, we cover latest news from Jammu & Kashmir’s Business & Economy with extensive coverage – Pictures, Videos, and Special Reports.
An overview of Key Sectors: Food processing and agro-based industries (excluding conventional grinding and extraction units) thrive in the state due to an excellent climate for horticulture and floriculture. Handicrafts has been receiving priority attention from the Government in view of its large employment base and exports potential.
J&K is famous for its small-scale and cottage industries such as carpet weaving, silks, shawls, basketry, pottery, copper and silverware, papier-mâché and walnut wood. J&K SIDCO is the nodal agency for promotion and development of medium and large-scale industries in the state.
Business & Economy
450 companies to invest Rs 25,000 crore in J-K
Industrial sector is set to bloom in Jammu and Kashmir as over 450 companies have signed an MOUs to invest over Rs 25,000 crore in the UT.
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Business & Economy
J&K Bank among 14 banks face RBI’s monetary penalty
Reserve Bank of India has imposed a monetary penalty to 14 banks including Jammu and Kashmir Bank for non-compliance with certain provisions.
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Business & Economy
Quarry holders to resume operations in Kashmir
Quarry holders in Kashmir will start their operations from tomorrow after the government issued a disposal permit in their favour.
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Business & Economy
Five brick kiln owners fined for looting consumers in south Kashmir
Authorities imposed hefty fine on the owners of brick kiln owners who were selling the bricks on the higher rates in Pulwama and Shopian.
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Business & Economy
COVID-19 cripples Tourism sector in Jammu & Kashmir
The pandemic of COVID-19 has badly hit Tourism sector in Jammu Kashmir. There are no tourists at present in the Valley owing to the lockdown.
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Business & Economy
Traders coordination committee demands unlock in Kashmir
The Joint Coordination Committee of City Center (JCCCC) Traders on Wednesday appealed the Lieutenant Governor to opt for unlock.
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Business & Economy
COVID-19: Lockdown brings misery for Kashmir’s dairy farmers
Dairy farmers across Kashmir are bearing the brunt of lockdown to contain the spread of COVID-19 as demand for milk has come down.
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Business & Economy
Industries bleeding, loans can’t revive our businesses: IAK President Imran Murtaza
President Industrialists Association Khonmoh (IAK), Imran Murtaza said that their business is bleeding amid the prevalent situation.
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Latest news
Multiple cloudbursts hit Kashmir, trigger flash floods
Multiple cloudbursts triggered by intense rainfall struck different parts of Kashmir on Monday, causing flash floods that damaged roads, bridges and residential houses.
Heavy rains halt traffic on NH-44 in Udhampur
Traffic on the Jammu-Srinagar National Highway (NH-44) was suspended from both ends on Monday evening following heavy rainfall and slippery road conditions.
Cloudbursts, landslides possible as rain set to lash J&K
Rain and thundershowers are likely to affect many parts of Jammu and Kashmir over the next 12 hours, with the Jammu region expected to witness the maximum impact.
Must read
India’s E20 Ethanol Mandate: Progress, Pitfalls and Public Backlash
India’s ambitious push toward a 20% ethanol-blended fuel, known as E20, is facing significant backlash from vehicle owners and environmentalists.
When a Black Hole Whispers to the World’s Thinnest Material
A black hole and a sheet of graphene seem to belong to completely different worlds. Yet modern physics has taught us a lesson: nature is often more connected than it appears.
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₹3.11 Crore Embezzlement: Crime Branch chargesheets two in Baramulla bank fraud
The Economic Offences Wing (EOW) Kashmir of the Crime Branch, Jammu and Kashmir, has filed a chargesheet in a decade-old bank fraud case.
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LG inaugurates INOX multiplex theatre in Srinagar
Lieutenant Governor Manoj Sinha on Tuesday inaugurated INOX multiplex theatre in Srinagar.
Multiple cloudbursts hit Kashmir, trigger flash floods
Multiple cloudbursts triggered by intense rainfall struck different parts of Kashmir on Monday, causing flash floods that damaged roads, bridges and residential houses.
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