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Can you make money from Mumbai rains? How a SEBI-registered exchange will turn rainfall tradable

Can you make money from Mumbai rains? How a SEBI-registered exchange will turn rainfall tradable

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Mumbai’s monsoon season is set to enter financial markets as a SEBI-registered exchange launches India’s first rainfall futures contracts. Starting May 29, traders and businesses will be able to take positions on Mumbai rainfall, turning weather risk into a tradable asset.



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