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
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,...
Business & Economy
Influx of tourists declining in flood-ravaged J&K
Jammu: The inflow of tourists has drastically come down in Jammu and Kashmir in the last few weeks owing to the devastation caused by...
Business & Economy
SBI launches helpline for flood-hit J&K
State Bank of India (SBI) has launched a helpline with toll-free number 18001807081 for its customers affected by recent floods in Jammu and Kashmir.
Business & Economy
LIC initiates settlement of claims
Srinagar: The Life Insurance Corporation (LIC) of India has initiated settling the insurance claims in flood-related deaths in Kashmir. The LIC Tuesday reimbursed an...
Business & Economy
Kashmir Floods: BSNL Broadband missing since September 7
Srinagar: More than two weeks after the raging flood waters spelt a doom in Srinagar city, the state-run Bharat Sanchar Nigam Limited is yet...
Business & Economy
Kashmir Floods: Co-operatives deparment estimates loss of Rs 6 crore
Srinagar: Jammu and Kashmir Co-operatives Department has suffered an estimated loss of about Rs six crores due to September 7 floods that swept the...
Latest news
34 J&K Umrah pilgrims stranded in Saudi Arabia amid flight suspensions
At least 34 J&K Umrah pilgrims are stranded in Saudi Arabia after flight suspensions. They seek government help as expenses rise and return travel remains uncertain.
LG designates special fast-track courts in J&K for exam paper leak cases
LG Manoj Sinha has designated Special Fast-Track Courts in Jammu and Srinagar to try exam paper leaks, cheating and other offences under the 2024 Act.
J&K faces power deficit risk in November as 329 MW central share allocated for winter months
J&K officials warn of power shortages in November and March as winter demand rises. Peak demand may reach 2,900 MW amid limited hydropower generation.
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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34 J&K Umrah pilgrims stranded in Saudi Arabia amid flight suspensions
At least 34 J&K Umrah pilgrims are stranded in Saudi Arabia after flight suspensions. They seek government help as expenses rise and return travel remains uncertain.
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