Mumbai, May 21 (IANS) Agricultural commodity exchange NCDEX has launched RAINMUMBAI, India’s first SEBI-approved, exchange-traded weather derivatives contract, which will be introduced on May 29.The contract is designed to convert monsoon variability from an unpredictable challenge into a measurable, manageable and tradable financial risk within a regulated framework, the exchange said.Weather derivatives are financial instruments that help users manage risks arising from adverse or unexpected…
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Washington, April 24 (IANS) Chief of Army Staff Upendra Dwivedi was inducted into the International Hall of Fame at the Army War College (AWC), Carlisle Barracks, United States, marking a significant recognition of his military career and leadership, said the Indian Army on Friday.He becomes the third Indian Army Chief to receive this honour, after General V.K. Singh and General Bikram Singh.In a post on X, the Indian Army stated, “ General Upendra Dwivedi, COAS, visited the Army War College (…