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Washington - While it is widely believed that money can not buy love, a new study has suggested that it can buy you happiness but only up to a ‘sweet spot’ of 36,000 dollars GDP per person. A new analysis led by economists Eugenio Proto in the Centre for Competitive Advantage in the Global Economy at the University of Warwick and Aldo Rustichini, from University of MInnesota found that as expected, for the poorest countries life satisfaction rises as a country’s wealth increases as people are able to meet their basic needs. However, the new surprise finding is that once income reaches a certain level – around 36,000 dollars, adjusted for Purchasing Power Parity (PPP) - life satisfaction levels peaks, after which it appears to dip slightly in the very rich countries. The researchers found suggestive evidence that this happiness dip in the wealthiest countries is because more money creates higher aspirations, leading to disappointment and a drop in life satisfaction if those aspirations are not met. The study was published in journal PLOS ONE.
Increase enrolment fees for law graduate...

Increase enrolment fees for law graduates, Bar Council co-chairman urges Ce...

Increase enrolment fees for law graduates, Bar Council co-chairman urges Centre ## Bar Council Co-Chairman Calls for Advocates Act Amendment, Proposes Enrollment Fee Increase **New Delhi –** A significant overhaul of the legal profession’s regulatory framework is being advocated by a... read more »

Bollywood Star Amitabh Bachchan received the Lifetime Achievement Award 2014
Shatrughan and wife visit Hema to check ...

Shatrughan and wife visit Hema to check on Dharmendra's health

Shatrughan and wife visit Hema to check on Dharmendra's health ## Veteran Actor Dharmendra Receives Well-Wishes at Home Following Hospital Stay Mumbai – Veteran actor Dharmendra Deol is recuperating at his residence following a recent hospital stay, prompting an outpouring of support from... read more »

'Laalo' BO Day 38: Gujarati fi...

'Laalo' BO Day 38: Gujarati film nears Rs 53 crore mark

'Laalo' BO Day 38: Gujarati film nears Rs 53 crore mark ## Gujarati Cinema’s “Laalo” Continues Unprecedented Box Office Reign, Nearing ₹53 Crore Milestone Ahmedabad, India – The Gujarati film industry is witnessing an unprecedented success story as “Laalo... read more »

Nations Championship to have north v sou...

Nations Championship to have north v south finale

Nations Championship to have north v south finale ## Inaugural Nations Championship Culminates in North-South Showdown at Twickenham London, UK – The highly anticipated inaugural Nations Championship, set to reshape the landscape of international rugby, will reach its climax at Twickenham Stadium... read more »

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National

Modi is no challenge for Congress, says Shinde

Modi is no challenge for Congress, says Shinde

New Delhi – BJP’s prime ministerial candidate Narendra Modi poses no challenge for the Congress, Home Minister Sushilkumar Shinde said Monday, a day after Finance Minister P. Chidambaram... read more »

Probe agencies can't fault every policy decision: PM

Probe agencies can’t fault every policy deci...

New Delhi – Prime Minister Manmoahn Singh Monday said it was not proper for probe agencies to sit in judgement over a policy decision taken in... read more »

Indian Mujahideen using Hindus for terror activities?

Bihar Police lodges FIR against Indian Mujahideen

By Imran Khan Patna – After four Hindu youths were arrested in Bihar in connection with the Oct 27 Patna serial bombings, activists say authorities are... read more »

A third of voters cast ballot in Chhattisgarh

A third of voters cast ballot in Chhattisgarh

Raipur – Defying a boycott call of Maoists, over a third of the voters Monday cast their ballot in the first phase of the Chhattisgarh assembly elections... read more »

UP CM urged to help in getting ‘Ram-Leela’ ...

Akhilesh Yadav government accused of going soft on riot-accused Muslim leaders

Lucknow – Uttar Pradesh chief minister Akhilesh Yadav was Monday petitioned against the soon-to-be released Bollywood film “Goliyon Ki Raasleela... read more »

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World

J.C. Penney announced to Cut 2,000 Jobs, Close 33 Stores

Struggling department-store operator J.C. Penney announced it will cut 2,000 jobs and close 33 stores as it tries to get back on the path to profitability. The news raises concerns that... read more »

Dian Fossey’s 82nd birthday celebrated with Google...

Google has celebrated the 82nd birthday of late American zoologist Dian Fossey with a Doodle on its search page. The image, already visible on the... read more »

US: Defense Contractor Tried to Smuggle F-35 Blueprints...

An engineer for a major American defense contractor tried to smuggle thousands of secret documents, including blueprints, on America’s... read more »

Student, 12, Used Shotgun to Shoot 2 Students in Roswel...

 A middle school student opened fire in his gym with a shotgun today and critically wounded two students in Roswell, N.M., according to authorities. The... read more »

Saudi Arabia, Sri Lanka sign labour pact

Saudi petrochem giant opens tech centre in Bangalore

Riyadh – Saudi Arabia and Sri Lanka have signed a landmark labour pact in a renewed bid to regulate hiring of domestic workers from the island nation and... read more »

Congress Moves Against Modi over Anurag Thakur’s Remark

The Congress party has submitted a privilege motion notice in Lok Sabha against Prime Minister Narendra Modi for sharing BJP MP Anurag Thakur’s remarks on social media . The motion... read more »

Quad Countries Call for End to Violence in Ukraine, Gaza, and Myanmar

The Quad countries, comprising the United States, India, Japan, and Australia, have collectively called for an end to violence in Ukraine, Gaza, and Myanmar. They emphasized the need for... read more »

Report on the Indian Union Budget 2024

The Union Budget 2024-25, presented by Finance Minister Nirmala Sitharaman on July 23, 2024, marks a significant milestone in India’s economic journey. This budget, the first during... read more »

Latest News on the 2024 U.S. Presidential Election

The 2024 U.S. presidential election is shaping up to be highly competitive. Following President Joe Biden’s announcement to exit the race and endorse Vice President Kamala Harris, the... read more »

Donald Trump Informs Christians They Won’t Need to Vote After Thi...

During a campaign event organized by Turning Point Action in West Palm Beach, Florida, Republican presidential candidate Donald Trump made a bold statement to Christian voters, asserting that if they... read more »

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