The Hindu Editorial (End of the tunnel?) – Nov 03, 2020

Over ₹1.05 lakh crore has been collected from the Goods and Services Tax in October, the highest monthly revenue from the indirect tax since February 2020. For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (End of the tunnel?) – Nov 03, 2020.

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Today’s word list-1 for The Hindu Editorial (End of the tunnel?) – Nov 03, 2020:

1. (light at the) end of the tunnel (phrase) – a hopeful sign/indication that a bad or unpleasant situation will end soon.
2. pickup (noun) – improvement, recovery, revival, upturn.
3. sustainable (adjective) – acceptable, reasonable, trustworthy, dependable (at a particular level/rate).
4. mark (verb) – indicate, represent, signify, signalize, be a sign of.
5. successive (adjective) – consecutive, straight, continuous.
6. year-on-year (adjective) – year over year (for comparison).
7. uptick (noun) – a small increase or upward trend.
8. kitty (noun) – a sum of something (money/things) made up of small contributions; funds, reserves, finances, resources, wealth.
9. precede (verb) – come/go before, pave the way for, lead to.
10. on the back of (phrase) – as a result of, after, subsequent to; in support of.
11. contraction (noun) – In economics, it refers to a decline in national output as measured by gross domestic product.
12. lockdown (noun) – an emergency protocol implemented by the authorities that prevents people from leaving from a place; An extended state of confinement/encirclement/isolation of a person by the authority.
13. signify (verb) – be evidence of, be a sign of, mark, signal, indicate, announce.
14. underway (adverb) – in progress, happening, occurring, taking place.
15. broadly (adverb) – generally, usually, mainly.
16. pertain to (verb) – concern, relate to, be connected with.
17. high-frequency indicators (HFIs) (noun) – high-frequency indicators (HFIs) of India’s Economic Recovery enable a meaningful and real-time analysis of patterns of economic recovery. The HFIs provide a range of data on multiple aspects of the economy, including fertilizer sales, trade in agricultural commodities, registration of new businesses, registration of different types of vehicles, digital transactions and payments and demand for wage labour under MGNREGA.
18. Purchasing Managers’ Index (PMI) (noun) – Purchasing Managers Index (PMI) is a monthly business survey data provided by IHS Markit. The monthly data are derived from surveys of senior executives at private sector companies. PMI data is used for accurate and timely insight into the health of a particular economy. The PMI data are used by financial and corporate professionals to better understand where economies and markets are headed, and to uncover opportunities.
19. dip (noun) – decrease, fall/drop, reduction.
20. indeed (adverb) – in fact, actually.
21. unlock (noun) – a process of freeing something from restrictions.
22. curb (noun) – restraint, control/check, restriction, limitation.
23. string (noun) – series, succession, chain, sequence.
24. scale up (phrasal verb) – increase (in size or number).
25. clock (verb) – register, record; achieve.
26. incidentally (adverb) – by the way, coincidentally.
27. prop up (phrasal verb) – support, assist, help someone/something from the decline.
28. cess (noun) – a form of tax charged/levied over and above the base tax liability of a taxpayer. A cess is usually imposed additionally when the state or the central government looks to raise funds for specific purposes.
29. compensate (verb) – recompense, repay, pay back, reimburse (for any revenue loss).
30. federal (adjective) – relating to a system of government in which establishments such as states or provinces share power with a national government.
31. flashpoint (noun) – a situation where sudden problems could happen. (In international relations, a flashpoint is an area or dispute that has a strong possibility of developing into a war).
32. prognosis (noun) – forecast, prediction, projection.
33. full-fledged/fully fledged (adjective) – fully established.
34. premature (adjective) – untimely, early, too soon/too early; ill-timed, hasty.
35. illusory (adjective) – imaginary, unreal, fake, bogus; misleading, misguided, untrue.
36. reservation (noun) – doubt, qualm.
37. read (verb) – scrutinize, look through, analyze, understand, interpret.
38. pent-up (adjective) – suppressed, confined, held back, not expressed (emotions/feelings).
39. pent up demand (noun) – pent up demand is a build-up of demand for goods and services in an economy where consumers are unable or unwilling to make purchases to satisfy the demand at the present time. Pent up demand happens during periods when consumers are reluctant or unable to make needed or desired purchases. This generally occurs during times of economic uncertainty – such as a recession.
40. brew (verb) – develop, gather force, loom.
41. fabled (adjective) – famous, well known, celebrated.
42. South & North Block (noun) – South Block is a metonym of the Prime Minister’s Office. North Block is a metonym of the Ministry of Finance, India. (The Secretariat Building (consists North & South Block) or Central Secretariat is where the Cabinet Secretariat is housed, which administers the Government of India. The South Block houses the Prime Minister’s Office, Ministry of Defence and the Ministry of External Affairs). The North Block primarily houses the Ministry of Finance and the Home Ministry). (Metonym is used as an alternative for something else with which it is closely related/associated).
43. mandarin (noun) – a powerful officer, civil servant, functionary/bureaucrat.
44. critique (verb) – deal with, tackle, handle; criticize.
45. swing (verb) – sway, oscillate, move back and forth.
46. doomsday (noun) – a time of crisis.
47. scenario (noun) – situation.
48. cynical (adjective) – sceptical, doubtful, distrustful.
49. surmise (noun) – standpoint, position, perspective.
50. talk up (phrasal verb) – to talk about something in a method to make it more interesting/attractive seemingly.
51. perhaps (adverb) – maybe, possibly.
52. at times (phrase) – sometimes, occasionally, periodically.
53. assessment (noun) – evaluation, appraisal, analysis.
54. ground reality (noun) – practical condition/situation.
55. so as to do something (phrase) – in order to do something.
56. lie ahead (phrasal verb) – be going to happen; to be in the future.
57. rule out (phrasal verb) – eliminate, reject, dismiss.
58. stimulus (noun) – impetus, boost, incentive, fillip.
59. sensitivity (noun) – consideration, care, thoughtfulness.
60. evolve (verb) – develop, progress, advance gradually.
61. worldview (noun) – beliefs, thinking, attitude, viewpoint, outlook.
62. pandemic (noun) – the worldwide spread of a new disease; The illness spreads around the world and typically affects a large number of people across a wide area.

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. 

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

Today’s word list-1 for The Hindu Editorial (End of the tunnel?) – Nov 03, 2020:

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