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 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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Business & Economy
Amid pandemic, high edible oil prices burn a hole in people’s pocket
At a time when the second wave of the COVID-19 is surging, to make things worse, citizens are struggling with the high prices of edible oils.
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Latest news
JERC authorises J&K, Ladakh power officers to disconnect supply in theft cases
JERC has authorised designated J&K and Ladakh power officers to disconnect supply on detection of electricity theft, subject to statutory safeguards.
J&K take 41-run first-innings lead over Rest of India in Irani Cup
J&K were bowled out for 278 to take a 41-run lead over Rest of India on Day 2 of the Irani Cup, who reached 24/1 at stumps.
Fatty liver disease in 64% of newly diagnosed Type 2 diabetes patients in Kashmir: Study
A Kashmir study found MASLD in 64% of 272 newly diagnosed Type 2 diabetes patients, with higher prevalence among women and those with obesity.
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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DSEK directs schools to conduct Class 8 assessments strictly as per academic calendar
DSEK has directed Kashmir schools to conduct Classes up to 8 assessments and annual exams strictly under the approved academic planner and government framework.
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Kashmir’s high-density apple orchards deliver higher returns as prices hit ₹200/kg
Growers from Pulwama and Shopian said modern plantations have enabled them to make better use of limited land while reducing the waiting period for substantial returns.
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JERC authorises J&K, Ladakh power officers to disconnect supply in theft cases
JERC has authorised designated J&K and Ladakh power officers to disconnect supply on detection of electricity theft, subject to statutory safeguards.
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