Author: Jordan

The ruling effectively overturns contrary interpretations by lower courts and restores the primacy of Waqf law in determining ownership and usage NEW DELHI — The Supreme Court has ruled that “Service Inam lands attached to mosques are categorised as Waqf property and are therefore inalienable—they cannot be sold, transferred, or otherwise alienated. The landmark judgment, with wide-ranging implications for religious endowments, was delivered on Friday. The ruling by a bench comprising Justice M M Sundresh and Justice Augustine George Masih overturned an Andhra Pradesh High Court decision in the AP State Waqf Board v. Janaki Busappa & Others. It concerned…

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After a year of falling buy-to-let mortgage rates, deals are getting more expensive again.Landlords are also facing a run of changes over the next few years, driven by the new Renters’ Rights Act and tax measures announced in the Budget. Here, Which? explains what’s happening to buy-to-let mortgage rates and summarises the changes that landlords need to be aware of, plus when they’ll take effect. 1. Buy-to-let mortgage rates are rising In 2025, four base rate cuts pushed the average fixed-rate buy-to-let mortgage down from 5.41% to 4.94%.At the start of 2026, rates were expected to fall slowly throughout the year, as experts…

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Columbia Threadneedle Investments is a leading global asset management group that provides a broad range of actively managed investment strategies and solutions for individual, institutional and corporate clients around the world. Columbia Threadneedle Investments is the global asset management group of Ameriprise Financial, Inc. (NYSE: AMP). For more information please visit columbiathreadneedleus.com. Source link

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Artificial intelligence (AI) stocks have rallied in recent sessions. As investors became more aware of the value that these companies generate, their fast-rising revenues have excited investors about the future. Under such conditions, it may surprise investors that some of these tech stocks remain cheap, and these two stocks in particular appear increasingly well-positioned to offer value for one’s investment dollar. Image source: Getty Images. 1. Nvidia It may surprise investors to see Nvidia (NVDA +4.32%) listed as a “cheap AI stock.” It is up more than 1,600% from its low in 2022, and as the dominant player in the…

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Why doesn’t Australia collect more tax revenue on the sale of its natural resources?We are a high-income country. We have one of the richest economies per person in the world on paper. But our obsession with exporting raw materials means our economy is becoming less complex and more exposed to global shocks — and more Australians are wondering what we have to show for it.Gas tax campaign cuts through to community but Labor opposedThe government will not increase taxes on gas giants in next month’s budget, echoing the industry’s argument that exporters are already paying tens of billions of dollars in…

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High street banks will have to comply with a new rule from Tuesday (Image: Getty)Major high street lenders including Nationwide, Lloyds, HSBC and NatWest will be obliged to comply with new de-banking regulations from 28 April, affording customers greater protection when their accounts are closed.The rules stipulate that banks and payment service providers must give at least 90 days’ notice before shutting down an account or terminating a payment service, up from the previous two-month requirement.Banks will also need to provide a clear explanation to customers in writing, so people can challenge decisions, such as through the Financial Ombudsman Service.The…

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Accord is increasing the maximum loan size on its buy-to-let mortgage range. The intermediary-only lender is significantly boosting its buy-to-let maximum loan to £1.5 million, up from £1m, on products up to 75% LTV for experienced landlords (those with 12 continuous months of landlord experience). The maximum loan on products between 75.01% and 80% LTV will rise from £500,000 to £750,000. First-time landlords can borrow up to £1m on products up to 75% LTV, and all existing policy rules, affordability criteria and lending requirements remain unchanged. Angelika Christian, strategic partnerships and propositions manager at Accord, said: “We are…

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TEHRAN- The head of the Road Maintenance and Transportation Organization announced the transit of 16,696,751 tons of goods through Iran’s land borders in the year 1404 (starting March 2025).According to IRNA reporting from the Road Maintenance and Transportation Organization, Reza Akbari said: This volume of road transit of goods through Iran’s territory was carried out with 742,362 trips by the international transport fleet. He stated: During the past year, 13,564,546 tons of goods were exported from the country with 562,974 trips by the cargo transport fleet, and 2,490,968 tons of goods were imported with 112,968 trips by the cargo transport…

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