NCDEX has launched RAINMUMBAI, India’s first SEBI-approved exchange-traded weather derivatives contract based on Mumbai rainfall. Built with IIT Bombay and IMD data, it enables stakeholders like farmers, utilities, and lenders to hedge monsoon risks using a t… For the full story, visit the source.
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NCDEX launches India’s first rainfall-based weather derivatives contract
NCDEX has launched RAINMUMBAI, India’s first SEBI-approved exchange-traded weather derivatives contract based on Mumbai rainfall. Built with IIT Bombay and IMD data, it enables stakeholders like farmers, utilities, and lenders to hedge monsoon risks using a t…
By Sutanuka Ghosal· The Times of India· 5 months ago· 2 min read
This summary is sourced from The Times of India. Read the full article at:The Times of India