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Latur tribunal cancels gift deed after man fails to take care of 89-year-old grandmother

Latur tribunal cancels gift deed after man fails to take care of 89-year-old grandmother

by AIP Online Bureau | Jun 9, 2026 | Indian News

After examining the gift deed, documentary evidence and submissions from both sides, the tribunal observed that the obligation to maintain and care for senior citizens is not merely a moral responsibility, but a legally enforceable condition when property is...
UK’s IGI secures license to operate in India’s GIFT City

UK’s IGI secures license to operate in India’s GIFT City

by AIP Online Bureau | Jun 9, 2026 | Indian News, Non-Life, Reinsurance

“This also furthers our diversification, and our strategy of having a physical presence in our key regions around the world. We look forward to building a strong local team and supporting both facultative and specialty treaty reinsurance clients in this...
Maximum Information launches PsiClone ahead of North Atlantic hurricane season

Maximum Information launches PsiClone ahead of North Atlantic hurricane season

by AIP Online Bureau | Jun 9, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology

“PsiClone is designed to help close that gap by connecting live forecast data directly to exposure monitoring and operational decision-making. The goal is to help insurers and stakeholders respond earlier and reduce the time to payout when it matters most,”Tom...
India set to become the world’s 3rd largest economy by 2031: S&P

India set to become the world’s 3rd largest economy by 2031: S&P

by AIP Online Bureau | Jun 9, 2026 | Eco/Invest/Demography, Indian News, Policy

While robust corporate and banking sectors provide a vital cushion against immediate shocks, maintaining India’s upward trajectory will require deft management of energy security, fiscal resilience, regulatory interventions and trade diversification, suggested...

Iran, Israel hold fire temporarily

by AIP Online Bureau | Jun 9, 2026 | Eco/Invest/Demography, International News

Tehran has continued to block most shipping through the Strait ​of Hormuz, which before the war carried a fifth of the world’s crude oil and liquefied natural gas. Washington has imposed its own blockade of Iranian ports. DUBAI/JERUSALEM: Iran and Israel said on...
Thai watchdog sues Volvo cars unit

Thai watchdog sues Volvo cars unit

by AIP Online Bureau | Jun 9, 2026 | International News, Regulation

Next week Thailand’s Office of the Consumer Protection Board will send the first case, which is seeking 1.2 million baht ($36,750) in damages Thailand’s consumer watchdog has approved the filing of a civil lawsuit against the local unit of Volvo Cars and its repair...
Red Sea tensions rise as Houthis target Israeli ships

Red Sea tensions rise as Houthis target Israeli ships

by AIP Online Bureau | Jun 9, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The move comes as the Iran war drags into a fourth month and hostilities flare across the region, threatening to derail a fragile truce and complicate negotiations toward a peace deal. The conflict has led to the near-closure of Hormuz, forcing key Middle Eastern...
Hedge funds tap growing market for disaster risk

Hedge funds tap growing market for disaster risk

by AIP Online Bureau | Jun 9, 2026 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Wealth Management/ Philanthropy

Now, some of the world’s biggest hedge funds and banks want to incorporate the expertise of catastrophe-risk professionals across a broader chunk of the finance sector, as the skills required to model natural disasters become increasingly relevant for asset values in...
AB PM-JAY beneficiaries avail over 12 crore treatments worth more than ₹1.82 lakh crore:Nadda

AB PM-JAY beneficiaries avail over 12 crore treatments worth more than ₹1.82 lakh crore:Nadda

by AIP Online Bureau | Jun 8, 2026 | Eco/Invest/Demography, Health, Indian News, Policy

Referring to findings published in The Lancet, he noted that nearly 90% of eligible cancer patients under the scheme were able to access treatment within 30 days, demonstrating the programme’s role in improving timely healthcare access. New Delhi:Jagat Prakash...
India’s crime rate falls 6%, Cybercrime crosses 1 Lakh cases: SBI

India’s crime rate falls 6%, Cybercrime crosses 1 Lakh cases: SBI

by AIP Online Bureau | Jun 8, 2026 | Data, Eco/Invest/Demography, Technology

Digitization increases the chances of detection through tools such as UPI, FASTag and digital surveillance, raising the expected cost of committing crime. Areas with more CCTV cameras saw a slight drop in crime between 2022 and 2024, with a correlation of -0.148. New...
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