Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

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Employment prospects have been the biggest cause of worry for respondents, with sentiment plunging further into the pessimistic zone; the outlook on employment has also weakened in the last two rounds.

Mumbai: A SERIES of surveys undertaken by the..."/>
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Employment prospects have been the biggest cause of worry for respondents, with sentiment plunging further into the pessimistic zone; the outlook on employment has also weakened in the last two rounds.

Mumbai: A SERIES of surveys undertaken by the..." />
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    <h1 class="cat-box-title">RBI surveys show general economy in &#039;pessimistic zone&#039;, jobs big worry -George Mathew</h1>
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                            <div align="justify">-The Indian Express<br /><br /><em>Employment prospects have been the biggest cause of worry for respondents, with sentiment plunging further into the pessimistic zone; the outlook on employment has also weakened in the last two rounds.<br /><br />Mumbai: </em>A SERIES of surveys undertaken by the Reserve Bank of India (RBI) have indicated that more people see consumer confidence declining, business sentiment in manufacturing dipping, inflation on the rise and growth sliding. The findings are in sync with the RBI&rsquo;s position in its monetary policy review on October 4, which slashed growth forecast from 7.3 per cent to 6.7 per cent for fiscal 2017-18.<br /><br />The current perceptions of households on the general economic situation remained in the pessimistic zone for four successive quarters, with the outlook worsening, the RBI said.<br /><br />The Consumer Confidence Survey, released by the RBI on October 4 soon after it unveiled the bi-monthly monetary policy, says the response for the current perception on the general economic situation showed 34.6 per cent saying &ldquo;improved&rdquo; as of September 2017, down from 44.6 per cent in September 2016.<br /><br />According to the survey, 40.7 per cent of respondents say the economic situation has worsened in September 2017 as against 25.3 per cent in the same period last year. The response for &ldquo;one year ahead expectation&rdquo; shows a decline to 50.8 per cent on the issue of economy &ldquo;will improve&rdquo; &mdash; down from 66.3 per cent in December 2016.<br /><br />The Consumer Confidence Survey was conducted in six metropolitan cities &mdash; Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai and New Delhi &mdash; and obtained 5,100 responses on household perceptions and expectations on the general economic situation, the employment scenario, the overall price situation and their own income and spending.<br /><br />&ldquo;The Current Situation Index (CSI) &mdash; a sub-index of the RBI&rsquo;s consumer confidence survey that measures overall consumer sentiments toward the present economic situation &mdash; slipped further into the pessimistic zone, reflecting deterioration in sentiments on the employment scenario, the price level and income,&rdquo; the RBI said.<br /><br />The same set of parameters caused the Future Expectations Index (FEI) &mdash; a sub-index that measures overall consumer sentiments toward the short-term (six-month) future economic situation &mdash; to slip further in the September 2017 round relative to its reading in the June 2017 round, the RBI said.<br /><br />Employment prospects have been the biggest cause of worry for respondents, with sentiment plunging further into the pessimistic zone; the outlook on employment has also weakened in the last two rounds.<br /><br />Please <a href="http://indianexpress.com/article/business/economy/rbi-on-indian-economy-gst-inflation-jobs-in-india-gdp-arun-jaitley-4881194/" title="http://indianexpress.com/article/business/economy/rbi-on-indian-economy-gst-inflation-jobs-in-india-gdp-arun-jaitley-4881194/">click here</a> to read more. <br /></div>                                                           
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    <h1 class="cat-box-title">RBI surveys show general economy in &#039;pessimistic zone&#039;, jobs big worry -George Mathew</h1>
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                            <div align="justify">-The Indian Express<br /><br /><em>Employment prospects have been the biggest cause of worry for respondents, with sentiment plunging further into the pessimistic zone; the outlook on employment has also weakened in the last two rounds.<br /><br />Mumbai: </em>A SERIES of surveys undertaken by the Reserve Bank of India (RBI) have indicated that more people see consumer confidence declining, business sentiment in manufacturing dipping, inflation on the rise and growth sliding. The findings are in sync with the RBI&rsquo;s position in its monetary policy review on October 4, which slashed growth forecast from 7.3 per cent to 6.7 per cent for fiscal 2017-18.<br /><br />The current perceptions of households on the general economic situation remained in the pessimistic zone for four successive quarters, with the outlook worsening, the RBI said.<br /><br />The Consumer Confidence Survey, released by the RBI on October 4 soon after it unveiled the bi-monthly monetary policy, says the response for the current perception on the general economic situation showed 34.6 per cent saying &ldquo;improved&rdquo; as of September 2017, down from 44.6 per cent in September 2016.<br /><br />According to the survey, 40.7 per cent of respondents say the economic situation has worsened in September 2017 as against 25.3 per cent in the same period last year. The response for &ldquo;one year ahead expectation&rdquo; shows a decline to 50.8 per cent on the issue of economy &ldquo;will improve&rdquo; &mdash; down from 66.3 per cent in December 2016.<br /><br />The Consumer Confidence Survey was conducted in six metropolitan cities &mdash; Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai and New Delhi &mdash; and obtained 5,100 responses on household perceptions and expectations on the general economic situation, the employment scenario, the overall price situation and their own income and spending.<br /><br />&ldquo;The Current Situation Index (CSI) &mdash; a sub-index of the RBI&rsquo;s consumer confidence survey that measures overall consumer sentiments toward the present economic situation &mdash; slipped further into the pessimistic zone, reflecting deterioration in sentiments on the employment scenario, the price level and income,&rdquo; the RBI said.<br /><br />The same set of parameters caused the Future Expectations Index (FEI) &mdash; a sub-index that measures overall consumer sentiments toward the short-term (six-month) future economic situation &mdash; to slip further in the September 2017 round relative to its reading in the June 2017 round, the RBI said.<br /><br />Employment prospects have been the biggest cause of worry for respondents, with sentiment plunging further into the pessimistic zone; the outlook on employment has also weakened in the last two rounds.<br /><br />Please <a href="http://indianexpress.com/article/business/economy/rbi-on-indian-economy-gst-inflation-jobs-in-india-gdp-arun-jaitley-4881194/" title="http://indianexpress.com/article/business/economy/rbi-on-indian-economy-gst-inflation-jobs-in-india-gdp-arun-jaitley-4881194/">click here</a> to read more. <br /></div>                                                           
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Employment prospects have been the biggest cause of worry for respondents, with sentiment plunging further into the pessimistic zone; the outlook on employment has also weakened in the last two rounds.

Mumbai: A SERIES of surveys undertaken by the..." />
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    <h1 class="cat-box-title">RBI surveys show general economy in &#039;pessimistic zone&#039;, jobs big worry -George Mathew</h1>
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                            <div align="justify">-The Indian Express<br /><br /><em>Employment prospects have been the biggest cause of worry for respondents, with sentiment plunging further into the pessimistic zone; the outlook on employment has also weakened in the last two rounds.<br /><br />Mumbai: </em>A SERIES of surveys undertaken by the Reserve Bank of India (RBI) have indicated that more people see consumer confidence declining, business sentiment in manufacturing dipping, inflation on the rise and growth sliding. The findings are in sync with the RBI&rsquo;s position in its monetary policy review on October 4, which slashed growth forecast from 7.3 per cent to 6.7 per cent for fiscal 2017-18.<br /><br />The current perceptions of households on the general economic situation remained in the pessimistic zone for four successive quarters, with the outlook worsening, the RBI said.<br /><br />The Consumer Confidence Survey, released by the RBI on October 4 soon after it unveiled the bi-monthly monetary policy, says the response for the current perception on the general economic situation showed 34.6 per cent saying &ldquo;improved&rdquo; as of September 2017, down from 44.6 per cent in September 2016.<br /><br />According to the survey, 40.7 per cent of respondents say the economic situation has worsened in September 2017 as against 25.3 per cent in the same period last year. The response for &ldquo;one year ahead expectation&rdquo; shows a decline to 50.8 per cent on the issue of economy &ldquo;will improve&rdquo; &mdash; down from 66.3 per cent in December 2016.<br /><br />The Consumer Confidence Survey was conducted in six metropolitan cities &mdash; Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai and New Delhi &mdash; and obtained 5,100 responses on household perceptions and expectations on the general economic situation, the employment scenario, the overall price situation and their own income and spending.<br /><br />&ldquo;The Current Situation Index (CSI) &mdash; a sub-index of the RBI&rsquo;s consumer confidence survey that measures overall consumer sentiments toward the present economic situation &mdash; slipped further into the pessimistic zone, reflecting deterioration in sentiments on the employment scenario, the price level and income,&rdquo; the RBI said.<br /><br />The same set of parameters caused the Future Expectations Index (FEI) &mdash; a sub-index that measures overall consumer sentiments toward the short-term (six-month) future economic situation &mdash; to slip further in the September 2017 round relative to its reading in the June 2017 round, the RBI said.<br /><br />Employment prospects have been the biggest cause of worry for respondents, with sentiment plunging further into the pessimistic zone; the outlook on employment has also weakened in the last two rounds.<br /><br />Please <a href="http://indianexpress.com/article/business/economy/rbi-on-indian-economy-gst-inflation-jobs-in-india-gdp-arun-jaitley-4881194/" title="http://indianexpress.com/article/business/economy/rbi-on-indian-economy-gst-inflation-jobs-in-india-gdp-arun-jaitley-4881194/">click here</a> to read more. <br /></div>                                                           
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Home हिन्दी

RBI surveys show general economy in 'pessimistic zone', jobs big worry -George Mathew

Published on Oct 9, 2017   Modified on Oct 9, 2017

-The Indian Express Employment prospects have been the biggest cause of worry for respondents, with sentiment plunging further into the pessimistic zone; the outlook on employment has also weakened in the last two rounds. Mumbai: A SERIES of surveys undertaken by the Reserve Bank of India (RBI) have indicated that more people see consumer confidence declining, business sentiment in manufacturing dipping, inflation on the rise and growth sliding. The findings are in sync with the RBI’s position in its monetary policy review on October 4, which slashed growth forecast from 7.3 per cent to 6.7 per cent for fiscal 2017-18. The current perceptions of households on the general economic situation remained in the pessimistic zone for four successive quarters, with the outlook worsening, the RBI said. The Consumer Confidence Survey, released by the RBI on October 4 soon after it unveiled the bi-monthly monetary policy, says the response for the current perception on the general economic situation showed 34.6 per cent saying “improved” as of September 2017, down from 44.6 per cent in September 2016. According to the survey, 40.7 per cent of respondents say the economic situation has worsened in September 2017 as against 25.3 per cent in the same period last year. The response for “one year ahead expectation” shows a decline to 50.8 per cent on the issue of economy “will improve” — down from 66.3 per cent in December 2016. The Consumer Confidence Survey was conducted in six metropolitan cities — Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai and New Delhi — and obtained 5,100 responses on household perceptions and expectations on the general economic situation, the employment scenario, the overall price situation and their own income and spending. “The Current Situation Index (CSI) — a sub-index of the RBI’s consumer confidence survey that measures overall consumer sentiments toward the present economic situation — slipped further into the pessimistic zone, reflecting deterioration in sentiments on the employment scenario, the price level and income,” the RBI said. The same set of parameters caused the Future Expectations Index (FEI) — a sub-index that measures overall consumer sentiments toward the short-term (six-month) future economic situation — to slip further in the September 2017 round relative to its reading in the June 2017 round, the RBI said. Employment prospects have been the biggest cause of worry for respondents, with sentiment plunging further into the pessimistic zone; the outlook on employment has also weakened in the last two rounds. Please click here to read more.

The Indian Express, 8 October, 2017, http://indianexpress.com/article/business/economy/rbi-on-indian-economy-gst-inflation-jobs-in-india-gdp-arun-jaitley-4881194/

Tagged with: Inflation Economic deceleration Economic Growth Job Creation Unemployment

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