Author name: Siddharth Dave

A Chartered Accountant by qualification and a CFA Level 3 candidate, Siddharth is currently working with Ernst & Young (EY) in the Transaction Tax department. He has prior experience of over 2 years with BDO in the M&A tax. He is interested in Business Valuation,Strategic Consulting, Macro Economics and enjoys playing sports and the guitar.

Global Inflation: Can’t Stop, Won’t Stop?

“When the goals (low unemployment and low inflation) conflict and it comes to calling for tough trade-offs, to me, a wise and humane policy is occasionally to let inflation rise even when inflation is running above target.” – Janet Yellen (1995) Golden rule – always take inflation seriously. Central banks do. In January 2021, Maruti Suzuki had hiked …

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Economics of a Formula 1 Team

Sports + Finance > everything else! For those of you who love F1, know how important and screwed up the behind the scenes economics of running a racing team are! This piece explains it all!

Sovereign debt and deficit levels – Impact due to COVID-19 pandemic

The COVID-19 pandemic has been a crisis like no other. Such an increase in a nation’s debt, has caused a stress on the deficits of the countries, especially for under developed and developing countries who may already have been in trouble, pre-COVID. However, is raising sovereign debt level really as harmful as they say? What are the key considerations that may be kept in mind while raising national debt? Read on to find out more.

Budget 2021 On Corporate Finance

This year’s master-stroke budget on corporate finance broke all the shackles that previously restrained the quality of financial decisions that can be taken by a CFO.

Practical Profits From Blockchain

Blockchain being a nascent industry with very high potential, could be your ‘golden ticket’ in causing an ‘impact’ on the future. Blockchain is potentially the next big paradigm shift the world shall see and cryptos are just one tiny subset of it (just like how during the Internet Revolution, the initial email concept was just one tiny aspect of the Internet). Cryptos, being volatile and lucrative do appeal to the rich as well as the middle class, but do not delude yourself into thinking that blockchain ends where crypto ends. Since, it’s a highly undersaturated field, you have a high chance of being the front runner in this (r)evolution. The renowned names and professional giants such as IBM, JP Morgan etc. are willing to chip in up to $130k p.a for blockchain professionals. Read more about it in our article to know about where you can start and what you can potentially do to be a part of the future.

The Blockchain Game

Cryptocurrencies have been intriguing and voluminous investments ever since 2008. The basic understanding of the Blockchain Technology, How they derive it’s values and what are some of the trading systems have been provided in short here. Do give it a read!

Understanding the Negative Oil Futures Price: Cause and Effect

Click here to download the entire article. I. Introduction On April 20, 2020, the futures contract of West Texas Intermediate (Cushing) (“WTI”) made history as it dropped an eye-watering 310.45% in a single day, to negative $37.63 per barrel (/bbl) (Exhibit 1). A crude understanding of this dictates that the seller was willing to pay …

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Worries of China

I. Introduction China carries one of the largest debts in the world, close to around CHY 33 trillion (USD 5.7 trillion), to support exponential growth of industries, mainly exports and consumer markets. But considering the the implications of carrying such high debt levels, the Chinese government started asymmetrically deleveraging the national economy back in 2015-2016, …

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