👀DAILY HINDU EDITORIAL WORD BYTES -1-> 7 JUNE👀

The Hindu -

💥Daily Word Bytes - 1  from editorial - Pre-emptive strike: on RBI's repo rate hike💥

pre-emptive (adjective) – preventive, precautionary, protective.
Hindu Editorial usage : Pre-emptive strike: on RBI's repo rate hike

 inflationary (adjective) – tending to cause monetary inflation.
Hindu Editorial usage : As inflationary trends harden, the RBI’s rate hike will quell uncertainty in the markets

inflation (noun) – increase of price level of goods & services & vice versa decrease of currency value.
Hindu Editorial usage : This hike, the first during this NDA government’s tenure, was approved unanimously by the six-member committee, citing worries about hardening inflation trends and a firming up of growth recovery at home. 

repo rate (noun) – it is the rate at which the central bank of a country (RBI in case of India) lends money to commercial banks in the event of any shortfall of funds.
Hindu Editorial usage : Pre-emptive strike: on RBI's repo rate hike

quell (verb) – abolish, terminate, demolish/thwart.
Hindu Editorial usage : As inflationary trends harden, the RBI’s rate hike will quell uncertainty in the markets

tenure (noun) – incumbency, term of office, period/time in office.
Hindu Editorial usage : This hike, the first during this NDA government’s tenure, was approved unanimously by the six-member committee,

unanimously (adverb) – without opposition, agreed to by everyone involved.
Hindu Editorial usage : This hike, the first during this NDA government’s tenure, was approved unanimously by the six-member committee,

firming up (noun) – an act of strengthening, increasing, bolstering.
Hindu Editorial usage :  citing worries about hardening inflation trends and a firming up of growth recovery at home

Federal Reserve System (US) (noun) – the central banking system of the United States (The 
Reserve Bank of India (RBI) is India’s central banking institution).
Hindu Editorial usage : further rate hikes by the Federal Reserve that could strengthen the exodus of global capital from emerging markets such as India. 

exodus (noun) – mass departure, evacuation, leaving/exit.
Hindu Editorial usage : further rate hikes by the Federal Reserve that could strengthen the exodus of global capital from emerging markets such as India. 

capital outflow (noun) – money/assets flowing out of (or leaving) a particular country’s economy.
Hindu Editorial usage : The rupee, along with other emerging market currencies, is hurting too, but RBI Governor Urjit Patel dismissed suggestions that the rate hike was a bid to stem outflows.

capital inflow (noun) – a steady movement of capital (amount) into a place, economy, activity etc.
Hindu Editorial usage : opposite of outflow

portfolio (noun) – investments, shares, bonds.
Hindu Editorial usage : Already, between January and May, outflows from foreign portfolio investors have reached their highest level in 10 years, and by June 4, $6.7 billion was pulled out on a net basis from the domestic capital market

pull out (phrasal verb) – withdraw, leave,  get out.
Hindu Editorial usage : Already, between January and May, outflows from foreign portfolio investors have reached their highest level in 10 years, and by June 4, $6.7 billion was pulled out on a net basis from the domestic capital market

stem (verb) – restrict, control; slow/reduce.
Hindu Editorial usage : The rupee, along with other emerging market currencies, is hurting too, but RBI Governor Urjit Patel dismissed suggestions that the rate hike was a bid to stem outflows

spurt (noun) – a sudden burst, increase of activity.
Hindu Editorial usage : Though seasonal food inflation spikes are delayed, input cost pressures have hardened owing to a spurt in global commodity prices, led by fuel

steam (noun) – momentum, impetus, strength/energy.
Hindu Editorial usage : Moreover, inflationary expectations among producers as well as consumers have gathered steam. 

at play (phrase) – something active that affects a result.
Hindu Editorial usage :  Crude oil prices have been the biggest factor at play, rising 12% from $66 a barrel when the MPC met in April to $74 a barrel.

bond yield (noun) – bond yield  is the annualized percentage return that an investor will obtain from buying a bond. In general, the yield of a bond is inversely proportional to its price. This means that as the yield increases, the price decreases (and vice versa).
Hindu Editorial usage : Industry has expressed concern, but effective borrowing rates and bond yields had been firming up even before this rate hike.

dampen (verb) – decrease, reduce, lower.
Hindu Editorial usage : The government has, surprisingly, welcomed the RBI’s stance as one that could help steady the markets and dampen uncertainties

headwinds (noun) – (in business) situations or conditions that make growth harder/difficult. 
Hindu Editorial usage : But a reversal in rates is unlikely till global headwinds clear up and the mandarins in New Delhi work out a viable strategy to minimise the inflation transmission from global oil prices that is exacerbated by their taxation policy for fuels.

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

mandarin (noun) – a powerful officer, civil servant, functionary/bureaucrat.
Hindu Editorial usage : But a reversal in rates is unlikely till global headwinds clear up and the mandarins in New Delhi work out a viable strategy to minimise the inflation transmission from global oil prices that is exacerbated by their taxation policy for fuels.

exacerbate (verb) – aggravate, make worse/worsen, compound.
Hindu Editorial usage : But a reversal in rates is unlikely till global headwinds clear up and the mandarins in New Delhi work out a viable strategy to minimise the inflation transmission from global oil prices that is exacerbated by their taxation policy for fuels.


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