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
Lockdown: SOP issued for resuming construction
Government of Jammu and Kashmir has issued instructions to the concerned departments for regulating and facilitating the construction activities to be carried out during the lockdown period while following the norms of social distancing.
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Business & Economy
No EMIs on loans for next three months: J&K Bank Chairman
SRINAGAR — Finally there is some relief in these extraordinary times as the borrowers in Jammu and Kashmir have got a reason to smile...
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Business & Economy
No charges for withdrawal of money from ATMs for next 3 months: Union FM
SRINAGAR — The Government of India on Tuesday said that no cost will be charged to debit card holders who withdraw cash from ATMs...
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Business & Economy
Shut factories, offices, other units till March 31: KCC&I
KCC&I appealed owners of factories, offices, hotels and shops without essential commodities to remain shut till March 31, 2020.
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Business & Economy
Developmental works halted as extraction of building material banned in Kashmir
Valley-based contractors associated with the construction business are aghast over the non-availability of building material.
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Business & Economy
J&K Global Investors’ Meet reaches Hyderabad
Under J&K Global Investors' Summit 2020, the delegation of the Jammu and Kashmir Government has reached Hyderabad as part of the second phase of the programme.
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Business & Economy
J&K Bank has Rs 7,711.6 Cr gross NPAs: Government
Jammu and Kashmir Bank has Rs 7,711.60 crore gross non-performing assets and Rs 2,810.32 crore net non-performing assets, according to RBI’s quarterly result.
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Business & Economy
Khoj.City – Revolutionizing the lives of artisans across India
Determined to transform the lives of artisans from the remotest areas in the country, Nitika Ghosh established a social enterprise (Khoj.City) in 2019.
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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Omar Abdullah praises MMA star Owais Yaqoob for Bulgaria win
Chief Minister Omar Abdullah has congratulated Jammu & Kashmir’s MMA fighter Owais Yaqoob on his remarkable victory at BRAVE CF 107 held in Bulgaria.
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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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