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Short Take: Weather derivatives launched
NCDEX launches weather derivatives for traders to hedge against rainfall fluctuations in Mumbai, starting May 29.
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thehindu.com
NCDEX introduces RAINMUMBAI weather future contracts
NCDEX launches RAINMUMBAI, India's first weather futures contract for farmers and utilities to hedge against rainfall variability.
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timesofindia.indiatimes.com
India gets 1st weather derivatives product
MUMBAI: NCDEX on Wednesday said India’s first exchange-traded weather derivatives contract will start trading on May 29. Christened RainMumbai, this derivatives product could be…
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economictimes.indiatimes.com
Forget stocks, you can now profit from Mumbai rains! Here's how NCDEX's unique weather futures work
NCDEX has launched Indias first exchange-traded weather derivative contract, RAINMUMBAI, allowing traders and businesses to hedge against rainfall variability during the monsoon…
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thehindubusinessline.com
Short Take: Weather derivatives launched
NCDEX launches weather derivatives for traders to hedge against rainfall fluctuations in Mumbai, starting May 29.
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theprint.in
Rainfall derivatives have arrived in India. We need 3 steps to make them work
The new RAINMUMBAI contract covers the monsoon months and makes a payout based on the occurrence and magnitude of predefined weather conditions. It’s different from insurance.