NCDEX launches RAINMUMBAI, India's first weather futures contract for farmers and utilities to hedge against rainfall variability.

NCDEX has announced Indias first SEBI-approved exchange-traded weather derivatives contract, “RAINMUMBAI”, aimed at helping market participants hedge risks arising from monsoon…

NCDEX launches RAINMUMBAI, a rainfall derivatives contract for Mumbai's monsoon, enhancing risk management for diverse investors.