The Hindu Editorial (Roiling resurgence) – Jul 15, 2023

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The Hindu Editorial (Roiling resurgence) – Jul 15, 2023:

roiling (adjective) – churning, turbulent, stormy, unsettled, unstable.
resurgence (noun) – recovery, revival, rebound, resurrection, renaissance, re-emergence.
consumer price index (CPI) (noun) – a monthly measurement of prices for most household goods and services.
index (noun) – an (economic) data figure reflecting something (e.g. price/quantity) compared with a standard or base value; pointer, indicator.
tame (verb) – control, curb, mitigate, moderate.
inflation (noun) – simply meaning “cost of living”; increase of price level of goods & services and vice versa decrease of currency value.
unravel (noun) – fall apart, fail, collapse, go wrong, founder, be unsuccessful, fall through.
Retail inflation or Consumer Price Index (CPI) inflation (noun) – The change in the price index of the basket of consumer goods and services over a period of time is referred to as CPI-based inflation or retail inflation.
monetary authority (noun) – it refers to the institution responsible for managing the currency of a country, establishing interest rates, and controlling its money supply. The goals of a country’s central bank include stabilizing prices, fostering economic growth, and increasing employment. The Reserve Bank of India (RBI) is the central bank of India.
monetary (adjective) – relating to money/currency; financial, fiscal, pecuniary, budgetary.
authorities (noun) – officials, officialdom, the people in charge, the bureaucracy.
reiterate (verb) – repeat, say again, restate.
monetary policy (noun) – monetary policy refers to the use of monetary instruments under the control of the central bank to regulate magnitudes such as interest rates, money supply, and availability of credit with a view to achieving the ultimate objective of economic policy mentioned in the Reserve Bank of India Act, 1934.
price stability (noun) – no (drastic) change in the price of goods and services in an economy over a period of time. It implies avoiding both prolonged inflation and deflation.
unmoored (adjective) – unrestrained, unconstrained, uncontrolled, unrestricted, unchecked, rampant, runaway, unbridled.
spiral up (phrasal verb) – increase rapidly; rise, surge, escalate.
provisional (adjective) – temporary, short-term, interim, transitional.
reading (noun) – figure, indication, record, measurement.
percentage point (noun) – the difference between two percentages is termed as percentage point. (for example: “Interest Rates Jump From 10% to 12%”. In this case, the interest rate increased by “2 percentage points” or you can say that the interest rate is increased by 20%).
beverage (noun) – a drink, such as tea, coffee, liquor, beer, milk, juice, or soft drinks, usually excluding water.
constituent (noun) – component, element, ingredient, part.
weight (noun) – larger number, bulk, lion’s share.
quicken (verb) – accelerate, speed up, step up.
basis point (BPS) (noun) – a unit of measure used in finance to describe the percentage change in the value or rate of a financial instrument. One basis point is equivalent to 0.01% (1/100th of a percent). Used for measuring change in interest rate/yield.
food price inflation (noun) – the rise in the prices of most goods and services of food & related things.
broad-based (adjective) – wide-ranging, comprehensive, all-inclusive, general.
witness (verb) – indicate, show, reveal, confirm, be evidence/proof of.
year-on-year (adjective) – year over year (for comparison).
cereal (noun) – a grain or plants that produce it (for example-wheat, maize, rice & etc.).
price gain (noun) – a general increase in the price of something.
log (verb) – achieve, attain; register, record.
dairy (adjective) – relating to the products made from milk.
pulses (noun) – edible seeds (chickpeas, lentils, beans). (dals).
spice (noun) – aromatic vegetable products (e.g. pepper) used to season/flavor foods.
basket (noun) – a group of something (taxes, investments, commodities, etc.).
disinflation (noun) – decrease in the rate of inflation.
harden (verb) – (of price of something) rise, increase (and be firm at a higher level).
narrow (verb) – diminish, decrease, reduce.
soar (verb) – rise, increase (rapidly).
sequential (adjective) – happened in sequence/order/succession.
culprit (noun) – the reason/cause of a problem.
skyrocket (verb) – rise, increase, escalate, mount; mushroom, snowball.
quickening (noun) – increase, acceleration, stepping up.
notwithstanding (preposition) – despite, in spite of, regardless of.
base (noun) – a number used as the basis.
Inflationary/price pressures (noun) – the demand and supply-side pressures that can cause a rise in the general price level; cost-push inflation, hot-economy, deficit finance.
disconcerting (adjective) – upsetting, discomfiting, unsettling, disturbing, disquieting, troubling.
momentum (noun) – the increase in the rate of growth of something; strength, impetus.
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.
pace (noun) – rate, speed.
backdrop (noun) – situation, scenario, context.
erratic (adjective) – patchy, irregular, fluctuating, uneven.
outlook (noun) – chances, possibilities, expectations, prospects, future.
kharif sowing/crops (noun) – monsoon crops; seeds sowing in the beginning (Jun) of the monsoon and harvesting at the end of the season (Oct) in the South Asia.
rabi sowing/crops (noun) – winter crops; seeds sowing in the beginning (Nov) of the winter and harvesting at the end of the season (Apr) in the South Asia.
crop (noun) – a plant that can be grown and harvested extensively for profit or subsistence.
sowing (noun) – an act of seeding a plant or crop.
shortfall (noun) – deficit, inadequacy/deficiency; shortcoming/defect.
bridge (verb) – make a difference between two less significant.
staple (noun) – a main item of production; main item; important element (of something).
reflect (verb) – indicate, show, display, demonstrate, reveal, exhibit.
hard-won (adjective) – achieved/gained only after a lot of effort.
anchor (verb) – secure, fasten, attach, connect firmly.
tighten (verb) – make stricter, make more rigorous, make more stringent, stiffen, toughen.
grip (noun) – control, stranglehold, domination (over something).
tighten your grip on something (phrase) – start to control something more strictly.