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
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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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')) {

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-PTI


Mumbai: Seasonal spurt in vegetable prices next month could partly reverse the benefits of low global oil prices reducing inflation and increasing disposable incomes, the Reserve Bank of India (RBI) warned on Tuesday.


&quot;The sharp reduction in oil prices as well..."/>
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-PTI


Mumbai: Seasonal spurt in vegetable prices next month could partly reverse the benefits of low global oil prices reducing inflation and increasing disposable incomes, the Reserve Bank of India (RBI) warned on Tuesday.


&quot;The sharp reduction in oil prices as well..." />
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                            <div align="justify">-PTI</div><p align="justify"><em>Mumbai: </em>Seasonal spurt in vegetable prices next month could partly reverse the benefits of low global oil prices reducing inflation and increasing disposable incomes, the Reserve Bank of India (RBI) warned on Tuesday.</p><p align="justify">&quot;The sharp reduction in oil prices as well as in inflation is likely to increase personal disposable incomes and improve domestic demand conditions in the year ahead,&quot; the central bank said in its monetary policy document.</p><p align="justify">Inflation, excluding food and fuel, declined for the second consecutive month in December. This was largely on account of the declining prices of transport and communication since August, reflecting the impact of plummeting global crude oil prices, and softer commodity prices more generally.</p><p align="justify">&quot;However, seasonal increases in vegetable prices, which typically set in around March, have to be monitored carefully,&quot; the RBI said, adding that the retail inflation is likely to be around the target level of 6 per cent by January 2016.</p><p align="justify">The upside risks to inflation stem from the unlikely possibility of significant fiscal slippage, uncertainty on the spatial and temporal distribution of the monsoon as also the low probability but highly influential risks of reversal of crude prices due to geo-political events, it said.</p><p align="justify">Referring to economic activities, it said the revision in the base year for GDP and calculation methods will mean some revision in GDP numbers for 2014-15 as well as in forecasts.</p><p align="justify">However, RBI has retained the baseline projection for growth (using the old GDP base) at 5.5 per cent for 2014-15 and 6.5 per cent for next fiscal.</p><p align="justify">RBI said advance indicators of industrial activity, like indirect tax collections and expansion in order books point to a modest improvement in the months ahead.</p><p align="justify">&quot;Policy initiatives in land acquisition, as well as efforts underway to unlock mining activity and to widen the space for FDI in defence, insurance and railways, should create a more conducive setting for industrial revival,&quot; it said.</p><p align="justify">Faster clearances are also helping in resuscitating stalled projects and the &quot;improvement in business confidence&quot; is visible in a pick-up in new investment intentions, especially in transportation, power and manufacturing.</p><p align="justify">Overall, the RBI added that the growth prospects will be contingent upon a turnaround in investment and a durable improvement in the business climate to complement the upsurge in business optimism.</p>                                                           
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                            <div align="justify">-PTI</div><p align="justify"><em>Mumbai: </em>Seasonal spurt in vegetable prices next month could partly reverse the benefits of low global oil prices reducing inflation and increasing disposable incomes, the Reserve Bank of India (RBI) warned on Tuesday.</p><p align="justify">&quot;The sharp reduction in oil prices as well as in inflation is likely to increase personal disposable incomes and improve domestic demand conditions in the year ahead,&quot; the central bank said in its monetary policy document.</p><p align="justify">Inflation, excluding food and fuel, declined for the second consecutive month in December. This was largely on account of the declining prices of transport and communication since August, reflecting the impact of plummeting global crude oil prices, and softer commodity prices more generally.</p><p align="justify">&quot;However, seasonal increases in vegetable prices, which typically set in around March, have to be monitored carefully,&quot; the RBI said, adding that the retail inflation is likely to be around the target level of 6 per cent by January 2016.</p><p align="justify">The upside risks to inflation stem from the unlikely possibility of significant fiscal slippage, uncertainty on the spatial and temporal distribution of the monsoon as also the low probability but highly influential risks of reversal of crude prices due to geo-political events, it said.</p><p align="justify">Referring to economic activities, it said the revision in the base year for GDP and calculation methods will mean some revision in GDP numbers for 2014-15 as well as in forecasts.</p><p align="justify">However, RBI has retained the baseline projection for growth (using the old GDP base) at 5.5 per cent for 2014-15 and 6.5 per cent for next fiscal.</p><p align="justify">RBI said advance indicators of industrial activity, like indirect tax collections and expansion in order books point to a modest improvement in the months ahead.</p><p align="justify">&quot;Policy initiatives in land acquisition, as well as efforts underway to unlock mining activity and to widen the space for FDI in defence, insurance and railways, should create a more conducive setting for industrial revival,&quot; it said.</p><p align="justify">Faster clearances are also helping in resuscitating stalled projects and the &quot;improvement in business confidence&quot; is visible in a pick-up in new investment intentions, especially in transportation, power and manufacturing.</p><p align="justify">Overall, the RBI added that the growth prospects will be contingent upon a turnaround in investment and a durable improvement in the business climate to complement the upsurge in business optimism.</p>                                                           
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Mumbai: Seasonal spurt in vegetable prices next month could partly reverse the benefits of low global oil prices reducing inflation and increasing disposable incomes, the Reserve Bank of India (RBI) warned on Tuesday.


&quot;The sharp reduction in oil prices as well..."/>
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-PTI


Mumbai: Seasonal spurt in vegetable prices next month could partly reverse the benefits of low global oil prices reducing inflation and increasing disposable incomes, the Reserve Bank of India (RBI) warned on Tuesday.


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    <h1 class="cat-box-title">Spurt in vegetable prices next month may be spoiler for inflation, warns RBI</h1>
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                            <div align="justify">-PTI</div><p align="justify"><em>Mumbai: </em>Seasonal spurt in vegetable prices next month could partly reverse the benefits of low global oil prices reducing inflation and increasing disposable incomes, the Reserve Bank of India (RBI) warned on Tuesday.</p><p align="justify">&quot;The sharp reduction in oil prices as well as in inflation is likely to increase personal disposable incomes and improve domestic demand conditions in the year ahead,&quot; the central bank said in its monetary policy document.</p><p align="justify">Inflation, excluding food and fuel, declined for the second consecutive month in December. This was largely on account of the declining prices of transport and communication since August, reflecting the impact of plummeting global crude oil prices, and softer commodity prices more generally.</p><p align="justify">&quot;However, seasonal increases in vegetable prices, which typically set in around March, have to be monitored carefully,&quot; the RBI said, adding that the retail inflation is likely to be around the target level of 6 per cent by January 2016.</p><p align="justify">The upside risks to inflation stem from the unlikely possibility of significant fiscal slippage, uncertainty on the spatial and temporal distribution of the monsoon as also the low probability but highly influential risks of reversal of crude prices due to geo-political events, it said.</p><p align="justify">Referring to economic activities, it said the revision in the base year for GDP and calculation methods will mean some revision in GDP numbers for 2014-15 as well as in forecasts.</p><p align="justify">However, RBI has retained the baseline projection for growth (using the old GDP base) at 5.5 per cent for 2014-15 and 6.5 per cent for next fiscal.</p><p align="justify">RBI said advance indicators of industrial activity, like indirect tax collections and expansion in order books point to a modest improvement in the months ahead.</p><p align="justify">&quot;Policy initiatives in land acquisition, as well as efforts underway to unlock mining activity and to widen the space for FDI in defence, insurance and railways, should create a more conducive setting for industrial revival,&quot; it said.</p><p align="justify">Faster clearances are also helping in resuscitating stalled projects and the &quot;improvement in business confidence&quot; is visible in a pick-up in new investment intentions, especially in transportation, power and manufacturing.</p><p align="justify">Overall, the RBI added that the growth prospects will be contingent upon a turnaround in investment and a durable improvement in the business climate to complement the upsurge in business optimism.</p>                                                           
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    <br><a href="http://www.thehindu.com/business/Economy/spurt-in-vegetable-prices-next-month-may-be-spoiler-for-inflation/article6852381.ece?widget-art=four-rel" class="re" target="_blank">The Hindu, 3 February, 2015, http://www.thehindu.com/business/Economy/spurt-in-vegetable-prices-next-month-may-be-spoiler-for-inflation/article6852381.ece?widget-art=four-rel</a><div class="clear"></div>
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Spurt in vegetable prices next month may be spoiler for inflation, warns RBI

Published on Feb 4, 2015   Modified on Feb 4, 2015

-PTI Mumbai: Seasonal spurt in vegetable prices next month could partly reverse the benefits of low global oil prices reducing inflation and increasing disposable incomes, the Reserve Bank of India (RBI) warned on Tuesday. "The sharp reduction in oil prices as well as in inflation is likely to increase personal disposable incomes and improve domestic demand conditions in the year ahead," the central bank said in its monetary policy document. Inflation, excluding food and fuel, declined for the second consecutive month in December. This was largely on account of the declining prices of transport and communication since August, reflecting the impact of plummeting global crude oil prices, and softer commodity prices more generally. "However, seasonal increases in vegetable prices, which typically set in around March, have to be monitored carefully," the RBI said, adding that the retail inflation is likely to be around the target level of 6 per cent by January 2016. The upside risks to inflation stem from the unlikely possibility of significant fiscal slippage, uncertainty on the spatial and temporal distribution of the monsoon as also the low probability but highly influential risks of reversal of crude prices due to geo-political events, it said. Referring to economic activities, it said the revision in the base year for GDP and calculation methods will mean some revision in GDP numbers for 2014-15 as well as in forecasts. However, RBI has retained the baseline projection for growth (using the old GDP base) at 5.5 per cent for 2014-15 and 6.5 per cent for next fiscal. RBI said advance indicators of industrial activity, like indirect tax collections and expansion in order books point to a modest improvement in the months ahead. "Policy initiatives in land acquisition, as well as efforts underway to unlock mining activity and to widen the space for FDI in defence, insurance and railways, should create a more conducive setting for industrial revival," it said. Faster clearances are also helping in resuscitating stalled projects and the "improvement in business confidence" is visible in a pick-up in new investment intentions, especially in transportation, power and manufacturing. Overall, the RBI added that the growth prospects will be contingent upon a turnaround in investment and a durable improvement in the business climate to complement the upsurge in business optimism.

The Hindu, 3 February, 2015, http://www.thehindu.com/business/Economy/spurt-in-vegetable-prices-next-month-may-be-spoiler-for-inflation/article6852381.ece?widget-art=four-rel

Tagged with: Vegetable Prices food inflation food prices price rise Price Inflation

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