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9 Questions answered on Compulsive Shopping, Habits and Retail Therapy

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In 2021, shoppers spent $27.34 trillion.  Retail spending totalled 19.86 trillion dollars , while online spending totalled 5.76 trillion dollars , for a total of 27.34 trillion dollars . 1. Who goes shopping so much? Individuals like you and I spent 6.6 trillion dollars on shopping in the United States alone, and 883 billion dollars in India. Shopping is said to be therapeutic; it may enhance your mood and help you relax. 2. But, how true are these arguments? A scientific study that was published in the journal of consumer psychology, and asserts that making purchases helps people feel instantly extremely happy, as well as fights lingering sadness; in other words, science supports retail therapy, and the science behind retail therapy is a chemical called dopamine. It's a feel-good chemical that is released whenever you go or start shopping, even browsing shopping websites can release dopamine. Here's what else is fascinating: Waiting for the parcel to arrive. The antic...
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Fascinating facts about Draupadi I bet you didn’t know

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                                                                          Unknown facts about Draupadi from Mahabharata Draupadi needs no introduction. She was the mysterious, fiery yet compassionate queen of the five Pandava brothers, and is also considered as the sole reason behind the great Mahabharat war. But do you know that Draupadi symbolizes binding of the five chakras in human body? She is thus referred as Kula kundalini, which resides in the spinal cord of the humans. Take a look at some more mystifying facts about Draupadi… The various names of Draupadi Draupadi is also referred to as Panchali (meaning one from the kingdom of Panchala), Yajnaseni (meaning one born from a Yajna or fire-sacrifice), Mahabhaaratii (great wife of the five descendents of Bharata) and Sairand...
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The Indian Budget 2023-24: What It Means for Salaried Individuals

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The recent Indian Budget 2023-24 has many exciting announcements for the hard-working middle class, including those who are salaried individuals. In this article, we'll take a closer look at the key changes and benefits for salaried people and how they can potentially save on taxes. Tax Rebate: The Limit Has Been Increased The first major announcement is related to the tax rebate. Previously, individuals with an income of up to ₹5 lakhs were not required to pay any income tax in both the old and new tax regimes. However, the budget has increased this limit to ₹7 lakh for individuals in the new tax regime, which means that individuals with an income up to ₹7 lakh will not have to pay any income tax. Reduced Tax Slabs and Increased Tax Exemption Limit In 2020, the government introduced a new personal income tax regime with six income slabs starting from ₹2.5 lakh. This year's budget has reduced the number of slabs to five and increased the tax exemption limit to ₹3 lakh. This mea...
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