NCDEX and IMD Join Hands for India’s First Weather Derivatives
National Commodity & Derivatives Exchange (NCDEX) signed a Memorandum of Understanding (MoU) with the India Meteorological Department (IMD) to launch India’s first weather derivatives. This new futures market instrument will enable farmers and related industries to adapt to the current climate by hedging against the rising risks associated with climate-related adverse weather events including abnormal […]
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