The National Commodity and Derivatives Exchange (NCDEX) has now launched India’s first parametric weather derivative product, ...

NCDEX launched India's first exchange-traded weather derivative, "RAINMUMBAI," based on Mumbai rainfall data from IMD.

Fluctuating temperatures can negatively impact firms, especially power utilities that can lose revenue if a particular season turns out to be warmer or cooler than anticipated. Renewable generation is ...

The allure of weather derivatives—financial instruments that allow businesses to hedge against the whims of Mother Nature—is undeniable. They are tradable instruments that usually employ observed ...

Highlighting the potential benefits of the recent Memorandum of Understanding (MoU) between the National Commodity & Derivatives Exchange (NCDEX) and the India Meteorological Department (IMD), Dr ...

The extreme weather of the past several weeks — from ice storms to blizzards to subzero temperatures — has undoubtedly had a harsh impact on the U.S. economy. From commodity producers to job creators, ...

The NCDEX’s new ‘RainMumbai’ index will allow businesses and investors to hedge against monsoon risks by trading on rainfall ...

The National Commodity and Derivatives Exchange (NCDEX) has announced the launch of India's first official weather derivative ...

https://www.thehindubusinessline.com/markets/commodities/ncdex-partners-with-imd-to-develop-rainfall-based-derivative-product/article69768468.ece Copy Commodity ...

Are there differences in the way in which weather derivatives and weather insurance are taxed? Yes. Weather insurance products, including parametric insurance, are taxed as insurance; and derivatives ...