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:  

1. rout (noun) – downfall, collapse/defeat; fiasco.
2. slide (noun) – fall, decline, tumble/sink.
3. 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.
4. dilemma (noun) – difficulty, problem, conundrum.
5. grapple with (phrasal verb) – tackle with, face, deal with (a difficulty).
6. amidst (preposition) – amid, in the middle of; during.
7. dwindling (adjective) – diminishing, decreasing, reducing (in amount/rate).
8. stumble (verb) – stagger, flounder, struggle.
9. 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).
10. hereon (adverb) – hereupon, after this, as a result of this.
11. spell (verb) – cause, lead to, result in.
12. capital inflow (noun) – a steady movement of capital (amount) into a place, economy, activity etc.
13. capital outflow (noun) – money/assets flowing out of (or leaving) a particular country’s economy.
14. scupper (verb) – destroy, damage, spoil/thwart.
15. hawkish (adjective) – aggressive, combative, belligerent. Dovish  means peaceful, diplomatic, accommodating.
16. yield (noun) – profit, gain, return/proceeds.
17. pull out (phrasal verb) – withdraw, leave,  get out.
18. attribute (noun) – assign, ascribe, connect/associate with.
19. 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.
20. complacent (adjective) – smug, self-satisfied, self-admiring.
21. stem (verb) – restrict, control; slow/reduce.
22. exodus (noun) – mass departure, evacuation, leaving/exit.
23. 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).
24. 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.
25. catalyst (noun) – stimulus, motivation, fillip/encouragement.
26. unenviable (adjective) – difficult, undesirable, unpleasant.
27. bless with (verb) – provide, favour, bestow/grant.
28. benign (adjective) – favourable, advantageous, beneficial.
29. 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.
30. spur (verb) – motivate, encourage, stimulate.
31. swift (adjective) – fast, rapid, quick.
32. diversify (verb) – enlarge, expand, widen (range of products).
33. 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.
34. stress (noun) – emphasis, importance, force.

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

Note:   

1. 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/.

2. 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. 

3. This word list is for personal use only. Reproduction in any format and/or Commercial use of it is/are strictly prohibited.

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