NCDEX has launched India’s first weather futures contract linked to Mumbai rainfall. Retail traders can now trade rainfall deviation data during monsoon months and potentially earn profits or hedge ...

Who Can Trade On RAINMUMBAI? RAINMUMBAI is designed to cater for a wide range of participants, mostly those who are directly affected by the situation of monsoon in India. From fa ...

NCDEX launches weather derivatives for traders to hedge against rainfall fluctuations in Mumbai, starting May 29.

According to reports, Skymet had stated that it would legally challenge the NCDEX’s decision to launch the exchange with the ...

Arun Raste, MD & CEO of NCDEX said that NCDEX believes sectors such as agriculture, FMCG, banking, transport and power could ...

National Commodity Derivatives Exchange Limited (NCDEX) is set to launch RAINMUMBAI, the country's first exchange-traded weather derivatives contract, on May 29, 2026. As per NCDEX, the initiative ...

The SEBI-approved contract will begin trading from 29 May 2026 and has been developed in collaboration with IIT Bombay using rainfall data from the India Meteorological Department (IMD).

Skymet Weather Services plans legal action against NCDEX over its rainfall futures launch, objecting to the exchange's ...

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