The Hindu Editorial (Heartening milestone) – Mar 26, 2022

he Centre’s announcement that India’s merchandise exports have already surpassed the target set for this fiscal year, For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (Heartening milestone) – Mar 26, 2022.

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The Hindu Editorial (Heartening milestone) – Mar 26, 2022:

heartening (adjective) – encouraging, promising, hopeful, reassuring.
milestone (noun) – major achievement.
stopgap (noun as modifier) – temporary, provisional, interim, short-term, makeshift (solution).
measure (noun) – action, step, procedure.
enable (verb) – facilitate, make possible, permit, allow (something to be done).
rupee-rouble system (noun) – Indian and Russian industries are making transactions and payment in trade relations via Rupee-Rouble (exchange) method instead of using dollars for transactions. (Rouble is the currency of the Russian Federation).
expedite (verb) – speed up, accelerate, step up, quicken.
free trade agreement (FTA) (noun) – an agreement between two or more countries designed to reduce or eliminate certain barriers to trade and investment, and to facilitate stronger trade and commercial ties between participating countries.
free trade (noun) – a policy to eliminate barriers/limits/regulations against imports and exports.
merchandise (noun) – goods, commodities, produce, product.
fiscal year (noun) – financial year.
surpass (verb) – be greater than, exceed.
mark (noun) – point, level, stage.
much-needed (adjective) – needed to a large extent/degree/level.
cheer (noun) – cheerfulness, optimism, confidence, buoyancy, hopefulness.
bruising (adjective) – stressful, demanding/taxing, painful.
impact (noun) – a clearly noticeable effect, influence.
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.
rebound (verb) – recovery, rallying, picking up; an increase in value of something after decline.
pandemic-induced (adjective) – caused/produced by the pandemic.
slump (noun) – decline, tumble, downturn, steep fall, decrease.
on the back of (phrase) – due to, as a result of, because of.
value-added sector (noun) – Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources.
engineering goods (noun) – Engineering goods include metal products, industrial machinery and equipment, auto and its components, and transport equipment.
apparel (noun) – clothes, clothing, garments, dress, attire.
in particular (phrase) – particularly, specifically.
year-on-year (adjective) – year over year (for comparison).
log (verb) – register, record; achieve.
provisional (adjective) – temporary, short-term, interim, transitional.
in terms of (phrase) – with regard to, regarding/concerning, in connection with.
sheer (adjective) – complete, absolute, total, thorough, consummate.
scale (noun) – magnitude, proportion; range/extent//size of something.
standout (adjective) – especially good.
surge (noun) – (a sudden) rise or increase.
refinery (noun) – a factory for refining something, as metal, sugar, or petroleum.
backdrop (noun) – situation, scenario, context.
persistent (adjective) – continuous, constant, unending, unrelenting, unceasing.
logistical (adjective) – relating to organization and planning of something.
congestion (noun) – overcrowding.
push up (phrasal verb) – increase, raise.
freight (noun as modifier) – transportation, transport, carrying, delivery; goods, cargo, load, consignment.
laudable (adjective) – praiseworthy, commendable, admirable.
reflect (verb) – indicate, show, display, demonstrate.
concerted (adjective) – involving a lot of people coming together & doing something with great effort; strenuous, vigorous, energetic, determined, active, intense; coordinated, collaborative, collective, combined, joint.
mission (noun) – delegation, commission, task force, representation.
interestingly (adverb) – enthusiastically, eagerly, keenly.
pointed (adjective) – sharp; relevant, relative, germane, applicable.
play a role (phrase) – contribute to, be instrumental in, be a factor in.
embassy (noun) – An embassy is larger and more important than a consulate and is described as a permanent diplomatic mission, which is generally located in a country’s capital city. An embassy is responsible for representing the home country, for handling major diplomatic issues (such as negotiations), and for preserving the rights of its citizens abroad.
envoy (noun) – representative, delegate, deputy; diplomat, consul, ambassador.
explore (verb) – look into, consider, check out (an option/possibility).
momentum (noun) – energy, strength, impetus.
sustain (verb) – continue, carry on, keep up, keep going, maintain, prolong.
diplomatic (adjective) – tactful, sensitive, subtle, delicate; consular, foreign-policy.
corps (noun) – unit, division, section.
enlarge (verb) – increase, develop, expand.
trade promotion (noun) – marketing campaign/activity.
temper (verb) – moderate, tone down, mitigate, decrease, lessen.
acknowledgment (noun) – acceptance, admission, recognition, realization.
persist (verb) – continue, remain, linger, stay.
front (noun) – a particular situation; a particular sphere of operation.
outpace (verb) – surpass, exceed, do better than.
double (verb) – increase twofold.
trust deficit (noun) – lack of trust (on authorities-from societal point of view). Situations with low levels of trust are not supportive and often counterproductive. People feel vulnerable and look at each other with suspicion. As a result, they are less open, since they fear that they will not be fairly treated by the other side.
pre-pandemic (noun) – before the pandemic.
point to (phrasal verb) – indicate, suggest, signal, signify, denote, reveal.
pressing (adjective) – urgent, critical, crucial, important.
step up (phrasal verb) – increase, intensify; quicken, speed up, accelerate.
pace (noun) – speed, rate.
deficit (noun) – shortfall, deficiency, shortage.
shrunk past participle of shrink (verb) – lessen, reduce, decrease.
inflation (noun) – simply meaning “cost of living”; increase of price level of goods & services and vice versa decrease of currency value.
contribute to (verb) – play a part in, be instrumental in, be a factor in.
contract (verb) – decline, decrease, diminish, reduce.
cause for disquiet (phrase) – a reason to worry.
lack of (noun) – absence, deficiency, scarcity, dearth.
capital goods (noun) – capital goods are man-made, durable items that businesses use to produce goods and services. They include tools, buildings, vehicles, machinery, and equipment. Capital goods are also called durable goods, real capital, and economic capital.
indicator (noun) – measure, sign, signal.
wary (adjective) – cautious, careful, circumspect.
given (preposition) – considering, taking into account, bearing in mind.
lack of (noun) – shortage, absence, deficiency.
personal consumption (noun) – it measures consumer spending on goods and services; private consumption, consumer expenditure, or personal consumption expenditures (PCE).
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).
pose (verb) – constitute, present, create, cause (a problem or danger or risk).
seek (verb) – try, aim, attempt.
as well (phrase) – additionally, in addition, apart from, besides.
ongoing (adjective) – continuing, happening, occurring, current.
negotiation (noun) – discussions, talks, parleying, deliberation, dialogue.
raft (noun) – a large number of something.
so as to something (phrase) – in order to do something.
tariff (noun) – a tax imposed by one country on the goods and services imported from another country.
tariff wall (noun) – a tariff designed to make imports more expensive than domestically produced products.