America’s savings rate has plunged

The U.S. issued a sweeping rollback of sanctions on Iranian oil, offering Tehran an economic lifeline as negotiations toward a peace deal proceed.

Tamil Nadu Chief Minister M.K. Stalin has reached out to seven fellow Chief Ministers to convene a Joint Action Committee meeting on March 22. The discussions are expected to address pressing federalism issues and seek collaborative solutions for state governance challenges.

The country has long faced some of the world’s heaviest sanctions. The lifting of restrictions could open new vistas on trade and financial access.