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
COVID-19: Labour migration shoots up brick prices in Valley
Prices of bricks have shot up by about Rs 12,000 following the migration of non-local labourers in wake of COVID-19 pandemic.
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Business & Economy
Sumo drivers ‘dying of starvation’ in Shopian
Kashmir has been witnessing lockdown virtually since August 05 last year. Our reporter visited the houses of some drivers who are finding it really hard to meet their both ends.
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Business & Economy
Markets to re-open in Srinagar from Saturday
The district administration Srinagar on Friday announced the re-opening of markets and shops across the district first time after the pandemic amid strict adherence to Standard Operating Procedures (SoPs) from June 13 (Saturday) onwards.
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Business & Economy
Markets set to open in Srinagar from tomorrow
As part of Centre’s "Unlock 1.0" strategy to review the economy, authorities in Summer capital Srinagar decided to reopen markets in the city from tomorrow.
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Business & Economy
Lockdown: Traders agree to follow SoP if markets open in Srinagar
The final meeting to open shops in the city centre—Lal Chowk and other areas of Srinagar will be taken after a crucial meeting between traders and the Deputy Commissioner Srinagar tomorrow afternoon, official sources said.
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Business & Economy
Kashmir witnessed 3000 days of lockdown in over two decades: Trade bodies
n last over two decades, an amalgam of 30 trade bodies in the Valley on Wednesday said that Kashmir has witnessed 3000 days of lockdown, thus simultaneously deteriorating the situation of business community here, which they claim are struggling to survive amid the prevalent situation in Jammu and Kashmir.
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Business & Economy
RK Chibber appointed Chairman of J&K Bank for 3 years
The Jammu & Kashmir Government on Friday appointed RK Chibber as Chairman of J&K Bank for the next three years and Zubair Iqbal Bhat as its first full-fledged Managing Director.
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Business & Economy
Srinagar Airport ready to resume 40% flight operations
The airport authorities in Srinagar on Thursday said that they are ready to resume the flight operations with only 30 to 40 per cent air traffic if the Centre gives its nod while as Standard Operating Procedure (SoP) and the COVID-19 protocol will be followed in spirit.
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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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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.
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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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