Question
According to the regulatory approval granted by SEBI, which exchange received permission to launch Indian Natural Gas Futures contracts in India?
Solution
The Securities and Exchange Board of India granted approval to the National Stock Exchange to launch Indian Natural Gas Futures contracts. This approval allows the exchange to introduce a derivatives product linked to natural gas prices in India. The initiative marks the beginning of a market-based price discovery mechanism for natural gas in the country. The futures contracts are expected to improve price transparency and market efficiency in the gas sector. The move also strengthens India’s energy derivatives market by enabling organised trading in natural gas contracts and creating a structured platform for hedging price risks.
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