Ready for sale – The Hindu (Jan 12, 2018)

Ready for sale – The Hindu (Jan 12, 2018)

The Union Cabinet has approved a series of changes in foreign direct investment norms as the government prepares to enter the last lap of its economic policy-setting phase ahead of the 2019 election. For further reading, visit “The Hindu”.

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Courtesy: The Hindu

Word List-1 (To Improve English Vocabulary)

1. stake (noun) – share, investment, interest.
2. privatisation (noun) – transfer of a business, industry, or service from public to private ownership and control.
3. foreign direct investment (FDI) (noun) – Investment from one country into another (normally by companies rather than governments) that involves establishing operations or acquiring tangible assets, including stakes in other businesses.
4. lap (noun) – stage, phase, part.
5. nod (noun) – a sign of acknowledgement.
6. disinvestment (noun) – the process of reducing capital investments.
7. clear the decks (phrase) – removing hindrances/barriers while preparing for a course of action.
8. equity (noun) – the total capital in a company owned by shareholders is called shareholders’ equity; stocks, shares.
9. flag carrier (noun) – an airline that is registered in a particular state (country).
10. fiscally (adverb) – it relates to government revenue, especially taxes.
11. constrained (adjective) – restricted, limited, restrained.
12. woefully (adverb) – very badly; deplorably, awfully.
13. accumulated debt (noun) – debt (outstanding payment/owing money) growth by continuous additions, as of principal and interest.
14. lucrative (adjective) – profitable; productive; successful.
15. long-haul (noun) – a long distance (journey, trip).
16. fleet (noun) – a group of vehicles (aircrafts) work together under an organisation.
17. unambiguous (adjective) – unmistakable, indisputable; clear/well defined.
18. benign (adjective) – mild, favourable; agreeable.
19. requisite (adjective) – necessary, required, essential.
20. tack (noun) – approach, way, method.
21. better late than never (phrase) – it is better to do something late than not to do it at all.

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.