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NCDEX in partnership with IMD to develop country’s first weather derivatives

NCDEX in partnership with IMD to develop country’s first weather derivatives

by AIP Online Bureau | Jul 3, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Risk Management, Technology

This Memorandum of Understanding (MoU), signed on June 26, lays the critical groundwork for the launch of India’s first weather derivatives — a long-anticipated market instrument designed to help farmers and allied sectors hedge against climate-related...
IMD DG Mohapatra receives UN’s Sasakawa Award-2025 for Disaster Risk Reduction

IMD DG Mohapatra receives UN’s Sasakawa Award-2025 for Disaster Risk Reduction

by AIP Online Bureau | Jun 9, 2025 | Disaster & Management, Eco/Invest/Demography, Indian News

Mrutyunjay Mohapatra, director general of Meteorology, India Meteorological Department This accolade not only recognizes Mohapatra’s insightful leadership but also reaffirms India’s growing role in advancing global disaster risk management New Delhi: Mrutyunjay...
Monsoon reaches Kerala, earliest since 2009: IMD

Monsoon reaches Kerala, earliest since 2009: IMD

by AIP Online Bureau | May 24, 2025 | Eco/Invest/Demography, Indian News

The IMD in April forecast above-normal cumulative rainfall in the 2025 monsoon season, ruling out the possibility of El Nino conditions, which are associated with below-normal rainfall in the Indian subcontinent New Delhi:The southwest monsoon reached Kerala on...
India to see above-normal cumulative rainfall this monsoon, El Nino conditions unlikely, says IMD

India to see above-normal cumulative rainfall this monsoon, El Nino conditions unlikely, says IMD

by AIP Online Bureau | Apr 15, 2025 | Eco/Invest/Demography, Indian News, Risk Management

El Nino conditions, associated with below-normal monsoon rainfall in the Indian subcontinent, are unlikely to develop this time, India Meteorological Department (IMD) chief Mrutyunjay Mohapatra said Parts of the country are already battling extreme heat and a...

India records warmest temperature since 1901 in October

by AIP Online Bureau | Nov 2, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management

The minimum temperature in Oct also clocked 21.85 degrees Celsius against the normal of 20.01 degrees Celsius for the country as a whole New India: India experienced its warmest October since 1901 with mean temperature recording 1.23 degrees Celsius above normal, the...
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