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
J-K spend Rs 60k Crore on electricity in 12 years
The cash starved Jammu and Kashmir has purchased over Rs 60,000 crore power or electricity for the last 12 years.
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Business & Economy
J-K Govt has commissioned study on privatisation of power distribution: Minister
The Jammu & Kashmir Government has commissioned a study to assess suitable options regarding privatisation of power distribution.
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Business & Economy
Cement factories extract mining material illegally in Pulwama
The cement factories in Pulwama district are extracting mining material while flouting norms and causing havoc to the local environment.
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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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Latest news
J&K Govt employees to get zero-balance accounts, concessional loans & insurance benefits
J&K government employees can access listed J&K Bank benefits, including loan concessions, waived processing fees, accident insurance and banking facilities.
Tanvir Sadiq seeks daily wagers’ regularisation report by Oct 31
NC spokesperson Tanvir Sadiq has urged the J&K Chief Secretary to submit the pending daily wagers’ regularisation report to Omar Abdullah before October 31.
CRPF constable dies after gunshot injury at HMT in Srinagar
CRPF Constable Gajendera Kumar Dugga died after sustaining a gunshot injury at HMT in Srinagar. Doctors at SMHS Hospital declared him brought dead.
Must read
Royal Premier League final draws thousands to Pulwama amid traffic congestion
The Royal Premier League final between Sultan Warriors Baramulla and Royal Goodwill Cricket Club drew thousands to Pulwama, causing traffic congestion.
J&K’s digital jobs push needs a verification receipt before trust breaks
To combat fake job offers in Jammu & Kashmir, employers must adopt a "verification receipt" to help candidates instantly identify legitimate opportunities.
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J&K Bank Q2 net profit rises 10.6% to ₹546 Crore
J&K Bank reported a 10.6% rise in Q2 net profit to ₹546.36 crore, with gross NPAs falling to 2.23% and total business growing 19.38% to ₹3.10 lakh crore.
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J&K Bank Q2 net profit rises 10.6% to ₹546 Crore
J&K Bank reported a 10.6% rise in Q2 net profit to ₹546.36 crore, with gross NPAs falling to 2.23% and total business growing 19.38% to ₹3.10 lakh crore.
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Tanvir Sadiq seeks daily wagers’ regularisation report by Oct 31
NC spokesperson Tanvir Sadiq has urged the J&K Chief Secretary to submit the pending daily wagers’ regularisation report to Omar Abdullah before October 31.
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