Weather Derivatives in India: NCDEX and IMD Sign Landmark MoU for Rainfall-Based Contracts
Weather Derivatives in India: NCDEX and IMD sign MoU to launch India’s first rainfall-based financial products for farmers and agri-sectors, enhancing climate risk management. 🌦️ India’s First Weather Derivatives: A New Tool for Climate Risk Management Introduction to the Landmark MoU On June 26, 2025, the National Commodity & Derivatives Exchange Ltd (NCDEX) and the India Meteorological…