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
SBI to launch rehabilitation scheme for flood affected customers
Jammu: The State Bank of India today said that it will soon launch rehabilitation and restructuring scheme for its customers affected by the floods...
Business & Economy
PNB staffers to contribute one-day salary for J&K flood victims
Srinagar: PNB staffers working in its branches across the country will contribute one-day leave salary to the PM Relief fund for assistance of the...
Business & Economy
J&K flood losses exceed Rs one lakh crore
Srinagar: Jammu and Kashmir government on Monday said the preliminary assessment of cumulative losses due to floods in the state was in excess of...
Business & Economy
Prices over the roof in flood-ravaged Srinagar
Srinagar: With the floods early this month devastating everything in the summer capital, prices of essential commodities is taking toll with the authorities’ inaction...
Business & Economy
Massive cancellation of Kashmir bookings on the rise
Kolkata: There has been a massive cancellation of packaged tours for Kashmir, which are usually in great demand in West Bengal in the festive...
Business & Economy
PNB announces 6 month grace period for premium payment
Srinagar: PNB Metlife, private life insurer, today said it has settled two claims within 24 hours of receiving the intimation. The claims pertained to...
Business & Economy
J&K Flood Losses: Adopt humanistic approach; Release 50% as interim relief, HC directs insurance companies
The Jammu and Kashmir High Court on Friday directed insurance companies to pay 50 per cent of the insured amount for policies above Rs 25 lakh as interim relief.
Business & Economy
Srinagar-Banihal rail service to restore soon
Srinagar: Repair work of damaged infrastructure was going on a war footing to restore rail service between Srinagar and Banihal in Jammu and Kashmir,...
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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Death toll rises to two in Kulgam firing on non-local labourers
The death toll in the firing incident involving non-local brick kiln workers in the Kellam area of Kulgam district rose to two after another injured worker succumbed to his injuries.
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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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