The Hindu Editorial (Rupee rout) – May 17, 2018

India’s macroeconomic threats lie exposed as it grapples with the rupee’s slide. The currency sunk to a closing low of 68.07 against the U.S. dollar on Tuesday,… For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (Rupee rout) – May 17, 2018.

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Courtesy: The Hindu

Today’s word list-1 for The Hindu Editorial (Rupee rout) – May 17, 2018:

rout (noun) – downfall, collapse/defeat; fiasco.
slide (noun) – fall, decline, tumble/sink.
trade deficit (noun) – a trade deficit (a deficit in the balance of trade) occurs when the value of a country’s imports exceeds that of its exports. It is also called a trade gap.
dilemma (noun) – difficulty, problem, conundrum.
grapple with (phrasal verb) – tackle with, face, deal with (a difficulty).
amidst (preposition) – amid, in the middle of; during.
dwindling (adjective) – diminishing, decreasing, reducing (in amount/rate).
stumble (verb) – stagger, flounder, struggle.
sanctions (noun) – action taken, or an order given to force a country to obey international laws by limiting or stopping trade with that country, by not allowing economic aid for that country, etc (Courtesy: VOA Learning English).
hereon (adverb) – hereupon, after this, as a result of this.
spell (verb) – cause, lead to, result in.
capital inflow (noun) – a steady movement of capital (amount) into a place, economy, activity etc.
capital outflow (noun) – money/assets flowing out of (or leaving) a particular country’s economy.
scupper (verb) – destroy, damage, spoil/thwart.
hawkish (adjective) – aggressive, combative, belligerent. Dovish means peaceful, diplomatic, accommodating.
yield (noun) – profit, gain, return/proceeds.
pull out (phrasal verb) – withdraw, leave, get out.
attribute (noun) – assign, ascribe, connect/associate with.
headwinds (noun) – (in business) situations or conditions that make growth harder/difficult. Tailwinds (noun) – (in business) it describes a situation or condition that will move growth, revenues, or profits higher.
complacent (adjective) – smug, self-satisfied, self-admiring.
stem (verb) – restrict, control; slow/reduce.
exodus (noun) – mass departure, evacuation, leaving/exit.
core inflation (noun) – it is a measure of the total inflation within an economy, excluding commodities such as food and energy prices (which change frequently). headline inflation (noun) – it is a measure of the total inflation within an economy, including commodities such as food and energy prices (e.g., oil and gas).
rate cuts (noun) – a decision by a central bank (RBI) to reduce its main interest rate to the banks (like SBI, ICICI & etc) when these commercial banks get money from the RBI. Once this rate goes down, the banks are in a position to give loans at lower interest rates to individuals and the industry.
catalyst (noun) – stimulus, motivation, fillip/encouragement.
unenviable (adjective) – difficult, undesirable, unpleasant.
bless with (verb) – provide, favour, bestow/grant.
benign (adjective) – favourable, advantageous, beneficial.
taper tantrum (noun) – it is the term used to refer US Federal bank’s trimming of the amount of money it was feeding into the economy and which resulted sudden increase in its treasury.
spur (verb) – motivate, encourage, stimulate.
swift (adjective) – fast, rapid, quick.
diversify (verb) – enlarge, expand, widen (range of products).
energy basket (noun) – it is usually comprised of several commodities. Coal, natural gas, biomass and uranium are responsible for most nations’ electricity generation while petroleum and its products dominate the transportation sector.
stress (noun) – emphasis, importance, force.

Today’s word list-1 for The Hindu Editorial (Rupee rout) – May 17, 2018:

Note:

Click each one of the words above for their definition, more synonyms, pronunciation, example sentences, phrases, derivatives, origin and etc from http://www.oxforddictionaries.com/.
Definitions (elementary level) & Synonyms provided for the words above are my personal work and not that of Oxford University Press. Tentative definitions/meanings are provided for study purpose only and they may vary in different context. Use it with the corresponding article published on the source (website) via the link provided.
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