Private Limited Company registration in Delhi

A Private Limited Company is a form of company which gets registered as per the provision of the Companies Act, 2013. A private limited company registration in Delhi is easy and hassle-free. A Private Limited Company registration in Delhi is one of the best options to jump starts your operations in Delhi or any other states in India. Earlier, minimum paid-up capital of Rs. 1 Lakh was required for the formation of a Private Limited Company. But after the 2015 amendment to the Companies Act, 2013, no such minimum paid-up capital is required to form a Private Limited Company. Compliance requirement for a private limited company becomes mandatory not only before the incorporation, but also afterwards. It is the most preferable form of company amongst entrepreneurs.

IMPORTANCE OF REGISTERING A PRIVATE LIMITED COMPANY

A Private Limited Company is known for scalability and flexibility for conducting the business. In Delhi, private limited companies are the most acceptable form of business. You may choose to have ownership and management separate by hiring skilled professionals for growth of the business. You can manage your business through the constitution of the company, i.e. Articles of Association of the company.

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The Impact of Global Crude Oil Prices on India Economy

Impact of Global Crude Oil Prices

Economic growth of a nation is primarily driven by energy. It is the key element for the sustenance in the future modern economies. But, sadly the global energy supply system is slanted towards the limited amount of fossil fuels. In every aspect of development, energy plays a vital role. It may be related to reducing poverty, increasing productivity or improving quality of life, but lack of energy acts as a severe impediment to sustainable social development and economic growth.

Crude oil is one of the important sources of energy that has the ability to pose threats, in terms of price, to energy supply and security. It is one of the most necessitated commodities in the world and India imports around 100 million tons of crude oil and other petroleum products.[1] World primary energy consumption is 12274.6 Mtoe (Million tonnes of oil equivalent) in 2011, the primary energy consumption varies with availability and specific utilities of different types of fuels with the various pie, oil: 33.06%; natural gas: 23.67%; coal: 30.34 %: nuclear energy: 4.88%; hydroelectricity: 6.45%; renewable: 1.59%.

China leads the order of absolute primary energy consumption with 21.29%, followed by US 18.49%, Russian Federation comes third with 5.59%, then comes India in Fourth with 4.55%.[2]

Impact on Indian Economy

Increasing quantum of energy products, mainly crude oil, has significant impact on Indian economy. It does not act as just a source of energy but as raw material in many industries. Prices of crude oil matter to every economy because it is the lifeline of almost every economy. On one hand there are major oil producers like Organization of Petroleum Exporting countries (OPEC), Russia, and United States, while on the other hand are the importing economies like India, China, and Europe. The demand is increasing rapidly due to insipid economic growth, coupled with surging production.

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Women Entrepreneurs: Making A Mark In Indian Startup Ecosystem

Startups have taken the Indian economy by a storm, especially after the ‘Startup India’ campaign by Prime Minister Narendra Modi. These startups are not just avenues to buy and sell goods and services, but a path to development and lifestyle change; be it getting service quality reviews of any restaurant or cafe on Zomato, and being free from the exploitation of local autowalas and cab drivers by opting for services of Ola or Jugnoo at affordable cost.Start-ups have also resulted in the empowerment of women in India by the subsequent development and enforcement of financial availability schemes. The Startup India scheme itself provides loans to women at a lower rate. Besides, there are other monetary incentives schemes which have helped women from all over India in entering the start-up race, such as Annapurna Scheme, Street Shakti Package, Bharatiya Mahila Bank, Dena Shakti Scheme, etc. Hillary Clinton once said, “Women are the largest untapped reservoir of talent in the world,” which is exactly the outcome of these schemes. There has been a whopping 60% increase with respect to women finding opportunities to start ventures.

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HERE’S WHAT YOU NEED TO DO WITH YOUR OLD RS 500, RS 1000 NOTES

You can either deposit or exchange Rs 500, Rs 1000 Notes as follows:

• You can deposit Rs. 500 and Rs. 1000 notes either at your bank or the post office.
• The acceptance of such notes will be effective from November 10th  to December 30th of 2016.
• You can also exchange them from a bank or post office till 24 November.
• However, the limit for such exchange is Rs.4000.

What if you would not be able to meet the deadline of December 30?

Don’t worry! After December 30, you can still deposit them at the Reserve Bank of India (RBI). However, you’ll require to submit a declaration.

What document you need to carry while exchanging the notes?

All you need is to take Adhaar card and PAN card along with you at the time of exchanging notes.

How would tourist be able to exchange the notes?

For tourists, the exchange facility is available at airports.

Note: Your 500 and 1000 rupee notes will be accepted till November 11 at: – Railway, airline, government bus  ticket booking counters,  Petrol Pumps, Consumer co-operative stores run by state or central government, Crematoriums and burial grounds, Milk booths authorized by state governments, and Government hospitals.

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