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Homemakers are “nation builders”: SC says loss of wife’s domestic care should be monetised at Rs 30K

Homemakers are “nation builders”: SC says loss of wife’s domestic care should be monetised at Rs 30K

by AIP Online Bureau | Jun 11, 2026 | Eco/Invest/Demography, Indian News, Non-Life

“We are also of the view that the housewife contributes to the growth of the human being and the nation. The homemaker builds nation. So we have laid down the principles, and as a nation builder, we have housewife, we have quantified the amount that the loss of...
LIC employees requisitioned for census duty: Allahabad HC stays Kanpur Nagar Nigam order

LIC employees requisitioned for census duty: Allahabad HC stays Kanpur Nagar Nigam order

by AIP Online Bureau | Jun 11, 2026 | Indian News, Life

The The Allahabad High Court found the impugned directive prima facie bad in law. It also rejected the stance of the state and the union governments that census operations are of national importance and hence no interim order be passed on the plea. Prayagraj (UP): The...
Iran declares Hormuz closed to all vessels after US strikes

Iran declares Hormuz closed to all vessels after US strikes

by AIP Online Bureau | Jun 11, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

“Effective immediately, due to insecurity in the region, the Strait of Hormuz is declared closed to all vessels, including oil tankers and commercial ships.Any vessel attempting to transit the strait will be targeted,” the IRGC said Iran’s Islamic...
NIA rolls out India’s first Motor insurance war risk protection solution

NIA rolls out India’s first Motor insurance war risk protection solution

by AIP Online Bureau | Jun 10, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

“The Motor War Risk Add-On Cover is designed to bridge a critical protection gap by offering insurance protection against direct physical loss or damage to the insured vehicle arising from war-related events. The cover can also be availed for motor insurance...
Commercial vessel attacked off Oman: 3 Indian crew missing

Commercial vessel attacked off Oman: 3 Indian crew missing

by AIP Online Bureau | Jun 10, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The US Central Command acknowledged the strike on the vessel saying it violated the ongoing US blockade of the Iranian ports by attempting to transport oil from Iran. New Delhi:India on Wednesday summoned the United States charge d’affaires to strongly protest a...
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