Day

July 31, 2021
By Dheeraj Veludandi. Edited by Arjun Chandrasekar. Overview The 50/30/20 budgeting rule is a way to categorize and track your after-tax income expenses into three categories: needs, wants, and savings. To form a clearer picture, 50% of your after-tax income goes to needs, 30% goes towards wants, and the other 20% is for savings. If...
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By Dheeraj Veludandi. Edited by Arjun Chandrasekar. Introduction The salary that investment banking(IB) offers is one of the only reasons people take up this career path. But, IB is also notorious for the stress levels that are brought upon with this job. A survey conducted showed that analysts at Goldman Sachs worked 95 hours every...
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By Aidan Hackett. Edited by Arjun Chandrasekar. Overview The invention, or at least the popularization of GDP is usually attributed to Simon Kuznets after he devised a more effective way to measure economic welfare in 1934 during the Great Depression. Becoming more and more popular after the Second World War, especially in Europe as their...
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By Ee Hsin Kok. Edited by Arjun Chandrasekar. Overview Alibaba is the largest retail commerce business in the world by Gross Merchandise Value,  the second largest Chinese company, and has a market cap of 570 Billion USD as of 7/29/21. It is listed in the U.S as the ticker symbol ‘BABA’, and in Hong Kong...
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