MUMBAI (Reuters) - India will not launch new futures contracts of chickpeas, the top-most consumed pulse in the country, market regulator Securities and Exchange Board of India said in a statement late on Thursday.
Prices of chickpeas, also known as chana, have been rising over the last few months after back-to-back droughts in the country curtailed production.
India's annual consumer price inflation accelerated to a near two-year high of 5.76 percent in May, driven by surging prices of food products such as pulses and sugar.
(Reporting by Rajendra Jadhav; Editing by Alexandra Hudson)