👀DAILY HINDU EDITORIAL WORD BYTES - 1-> 17 MAY👀

💥Daily Word Bytes - 1  from editorial - Rupee rout: on the Indian currency's slide 💥

rout (noun) – downfall, collapse/defeat; fiasco.
Hindu Editorial usage : Rupee rout: on the Indian currency's slide

slide (noun) – fall, decline, tumble/sink.
Hindu Editorial usage : Rupee rout: on the Indian currency's slide

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.
Hindu Editorial usage : Slide of the currency and a widening trade deficit present the RBI with a huge dilemma

dilemma (noun) – difficulty, problem, conundrum.
Hindu Editorial usage : Slide of the currency and a widening trade deficit present the RBI with a huge dilemma

grapple with (phrasal verb) – tackle with, face, deal with (a difficulty).
Hindu Editorial usage : India’s macroeconomic threats lie exposed as it grapples with the rupee’s slide.

amidst (preposition) – amid, in the middle of; during.
Hindu Editorial usage : The rise in crude oil prices through this year, amidst rising geopolitical tensions in West Asia and dwindling global supply

dwindling (adjective) – diminishing, decreasing, reducing (in amount/rate).
Hindu Editorial usage : The rise in crude oil prices through this year, amidst rising geopolitical tensions in West Asia and dwindling global supply

stumble (verb) – stagger, flounder, struggle.
Hindu Editorial usage : India’s merchandise exports are stumbling instead of gaining from the opportunity

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
Hindu Editorial usage : U.S. sanctions following Washington’s withdrawal from the Iran nuclear deal and a June 22 meeting of OPEC should drive oil price trends hereon. 

hereon (adverb) – hereupon, after this, as a result of this.
Hindu Editorial usage : U.S. sanctions following Washington’s withdrawal from the Iran nuclear deal and a June 22 meeting of OPEC should drive oil price trends hereon. 

spell (verb) – cause, lead to, result in.
Hindu Editorial usage : Oil prices apart, the tightening of U.S. monetary policy has almost always spelled trouble for emerging market economies hooked to Western capital inflows.

capital inflow (noun) – a steady movement of capital (amount) into a place, economy, activity etc.
Hindu Editorial usage : Oil prices apart, the tightening of U.S. monetary policy has almost always spelled trouble for emerging market economies hooked to Western capital inflows.

capital outflow (noun) – money/assets flowing out of (or leaving) a particular country’s economy.
Hindu Editorial usage :  This time it is no different; capital outflows are scuppering the currencies of many emerging market economies.

scupper (verb) – destroy, damage, spoil/thwart.
Hindu Editorial usage :  This time it is no different; capital outflows are scuppering the currencies of many emerging market economies.

hawkish (adjective) – aggressive, combative, belligerent. Dovish  means peaceful, diplomatic, accommodating.
Hindu Editorial usage : As the U.S. Federal Reserve has come to adopt a more hawkish stance, investors in search of higher risk-adjusted yields have started to pull money out of emerging markets.

yield (noun) – profit, gain, return/proceeds.
Hindu Editorial usage : As the U.S. Federal Reserve has come to adopt a more hawkish stance, investors in search of higher risk-adjusted yields have started to pull money out of emerging markets.

pull out (phrasal verb) – withdraw, leave,  get out.
Hindu Editorial usage : As the U.S. Federal Reserve has come to adopt a more hawkish stance, investors in search of higher risk-adjusted yields have started to pull money out of emerging markets.

attribute (noun) – assign, ascribe, connect/associate with.
Hindu Editorial usage : Not surprisingly, about two-thirds of the outflow was attributed to the bond market.

headwinds (noun) – (in business) situations or conditions that make growth harder/difficult. 
Hindu Editorial usage : The current headwinds from the reversal of capital flows were only to be expected

Tailwinds (noun) – (in business) it describes a situation or condition that will move growth, revenues, or profits higher.
Hindu Editorial usage : opposite of head winds

complacent (adjective) – smug, self-satisfied, self-admiring.
Hindu Editorial usage :  But that’s no reason to be complacent as external account risks can get out of hand very quickly

stem (verb) – restrict, control; slow/reduce.
Hindu Editorial usage :  A hike in the RBI’s benchmark interest rates could stem the capital exodus, but with core inflation picking up and the government keen on a rate cut as a growth catalyst,

exodus (noun) – mass departure, evacuation, leaving/exit.
Hindu Editorial usage :  A hike in the RBI’s benchmark interest rates could stem the capital exodus, but with core inflation picking up and the government keen on a rate cut as a growth catalyst,

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).
Hindu Editorial usage :  A hike in the RBI’s benchmark interest rates could stem the capital exodus, but with core inflation picking up and the government keen on a rate cut as a growth catalyst,

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).
Hindu Editorial usage : used along with core inflation

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.
Hindu Editorial usage :  A hike in the RBI’s benchmark interest rates could stem the capital exodus, but with core inflation picking up and the government keen on a rate cut as a growth catalyst,

catalyst (noun) – stimulus, motivation, fillip/encouragement.
Hindu Editorial usage :  A hike in the RBI’s benchmark interest rates could stem the capital exodus, but with core inflation picking up and the government keen on a rate cut as a growth catalyst,

unenviable (adjective) – difficult, undesirable, unpleasant.
Hindu Editorial usage : the RBI has an unenviable dilemma on its hands. Policymakers, blessed with relatively benign external economic conditions after the taper tantrum of 2013, 

bless with (verb) – provide, favour, bestow/grant.
Hindu Editorial usage : the RBI has an unenviable dilemma on its hands. Policymakers, blessed with relatively benign external economic conditions after the taper tantrum of 2013, 

benign (adjective) – favourable, advantageous, beneficial.
Hindu Editorial usage : the RBI has an unenviable dilemma on its hands. Policymakers, blessed with relatively benign external economic conditions after the taper tantrum of 2013, 

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.
Hindu Editorial usage : the RBI has an unenviable dilemma on its hands. Policymakers, blessed with relatively benign external economic conditions after the taper tantrum of 2013, 

spur (verb) – motivate, encourage, stimulate.
Hindu Editorial usage : will have to find means to spur exports — whether by facilitating swifter GST refunds or taking on tariff and non-tariff barriers from the developed world.

swift (adjective) – fast, rapid, quick.
Hindu Editorial usage : will have to find means to spur exports — whether by facilitating swifter GST refunds or taking on tariff and non-tariff barriers from the developed world.

diversify (verb) – enlarge, expand, widen (range of products).
Hindu Editorial usage : Efforts to diversify India’s energy basket also need greater stress.

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.
Hindu Editorial usage : Efforts to diversify India’s energy basket also need greater stress.

stress (noun) – emphasis, importance, force.
Hindu Editorial usage : Efforts to diversify India’s energy basket also need greater stress.

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