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.
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Finance
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Business & Economy
Growers, traders face huge losses as rates of cold storage apples plummet
The fruit growers and traders in Kashmir who had kept their produce in cold storage units said they are facing huge losses as rates have plummeted to an all-time low.
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Business & Economy
J&K Bank registers record transactions of Rs 11,000 crore on Eid eve
On the eve of Eid-ul-Fitr, Jammu & Kashmir Bank on Tuesday registered record transactions of Rs 11,000 crore with digital channels touching Rs 1,000 crore mark.
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Business & Economy
South African apple imports cause price decline for Kashmiri apples
With South African apples now entering Indian markets, the prices of Kashmiri apples have seen a further decline, resulting in significant losses for buyers and growers.
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Business & Economy
Demand for Kashmiri apples soar this Ramadan
With Ramadan in progress, demand for Kashmiri apples has soared across India. Since the beginning of Ramadan, growers have started shipping apples.
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Business & Economy
Doctors’ warning leads to 50% drop in watermelon sales in Kashmir
Kashmir has witnessed a 50% decrease in watermelon sales following concerns raised on social media regarding the safety of consuming artificially ripened watermelons.
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Business & Economy
Liquor shop sold for Rs 5.23 crore in Qazigund
The J&K Government has achieved unprecedented success in its recent auction of liquor shops, with revenues surging to an all-time high of Rs 2280 crore in 2024.
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Pakistani currency seized in Poonch’s Mendhar sector
Security forces recovered Pakistani currency notes and a slip containing several Pakistani mobile phone numbers during a search operation in the Mendhar sector of Jammu.
Army soldier found dead at 16 RR headquarters in Surankote
An Army soldier was found dead at the headquarters of 16 Rashtriya Rifles in the Draba area of Surankote in Poonch district during the early hours of Thursday.
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Iran rejects US ultimatum on Strait of Hormuz as conflict intensifies
Iran has formally rejected a 48-hour deadline issued by US President Donald Trump to reopen the strategic Strait of Hormuz, further deepening the volatility of the conflict.
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