{"id":43176,"date":"2023-05-17T11:17:00","date_gmt":"2023-05-17T05:47:00","guid":{"rendered":"https:\/\/www.practicemock.com\/blog\/?p=43176"},"modified":"2023-05-17T11:17:00","modified_gmt":"2023-05-17T05:47:00","slug":"the-hindu-editorial-vocabulary-may-17-2023-day-432","status":"publish","type":"post","link":"https:\/\/www.practicemock.com\/blog\/the-hindu-editorial-vocabulary-may-17-2023-day-432\/","title":{"rendered":"The Hindu Editorial Vocabulary\u2013 May 17, 2023; Day 432"},"content":{"rendered":"\n
Difficult Phrase<\/td>Contextual Sense<\/td><\/tr>
Tripping <\/td>Nimble; Moving easily and quickly<\/td><\/tr>
Stance <\/td>A rationalized mental attitude<\/td><\/tr>
Subdued <\/td>Not brilliant<\/td><\/tr>
Slump <\/td>decline markedly<\/td><\/tr>
Steep <\/td>Greatly exceeding bounds of reason or moderation<\/td><\/tr>
Akin <\/td>Similar in quality or character<\/td><\/tr>
Lingering <\/td>Remain present although waning or gradually dying<\/td><\/tr>
Enunciate <\/td>Express or state clearly<\/td><\/tr>
Bleak <\/td>Offering little or no hope<\/td><\/tr>
Succour <\/td>Assistance in time of difficulty<\/td><\/tr>
Insulation <\/td>The state of being isolated or detached<\/td><\/tr>
Headwind <\/td>Something that hinders success or progress<\/td><\/tr>
Ebb <\/td>Fall away or decline<\/td><\/tr>
Plummet <\/td>Drop sharply<\/td><\/tr>
Cool <\/td>Lose intensity<\/td><\/tr>
Concede <\/td>Be willing to admit<\/td><\/tr>
Speed up <\/td>Cause to move faster<\/td><\/tr>
Turmoil <\/td>A violent disturbance<\/td><\/tr>
Slack <\/td>Lacking in rigour or strictness<\/td><\/tr>
Hold down <\/td>Restrain<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Tripping (Nimble; Moving easily and quickly) <\/strong>trade: on India and its trade stance (A rationalized mental attitude) <\/strong>  <\/h2>\n\n\n\n

India must not rely on a few large markets, but opt for integration with global value chains <\/h3>\n\n\n\n

This financial year is off to a subdued (Not brilliant) <\/strong>start on the trade front. Goods exports slumped (decline markedly) <\/strong>to $34.6 billion in April, the lowest since last October \u2014 the worst month for outbound shipments in 2022-23. This was the third successive contraction in exports, and 12.7% below last April\u2019s numbers. Imports shrank by a sharper 14% to trip to a 15-month low of under $50 billion. A slowing global economy had been hurting exports through the second half of 2022-23, with declines in four of six months. But April\u2019s initial estimates are troubling not just because they represent the steepest (Greatly exceeding bounds of reason or moderation) <\/strong>fall in recent months but also signal a sudden shift in sequential momentum akin (Similar in quality or character) <\/strong>to the use of emergency handbrakes. This March, despite lingering (Remain present although waning or gradually dying) <\/strong>global demand weakness, exports had hit a nine-month high of nearly $42 billion while imports were $60 billion. The new Foreign Trade Policy enunciated (Express or state clearly) <\/strong>a two trillion-dollar export goal to be achieved in seven years. Its first month of implementation could not have been off to a shakier start. The prospects of last year\u2019s healthy 14.7% growth that lifted total exports to about $776 billion being replicated in 2023-24 look bleak (Offering little or no hope) <\/strong>already.<\/p>\n\n\n\n

One may draw some succour (Assistance in time of difficulty) <\/strong>from the trade deficit easing to a 20-month low. But managing the trade deficit cannot be the goal for policymakers. Falling imports also indicate that domestic demand, India\u2019s proclaimed insulation (The state of being isolated or detached) <\/strong>against global headwinds (Something that hinders success or progress)<\/strong>, is ebbing (Fall away or decline)<\/strong>. Moreover, when imports of petroleum (down 14%), and gems and jewellery plummet (Drop sharply)<\/strong>, they also affect exports of value-added end products. Petroleum exports shrank 17.5% in April, while jewellery shipments slipped at 30%, marking the seventh contraction in 10 months even as other job creators such as textiles have been hit hard. That commodity prices have cooled (Lose intensity) <\/strong>from last year is only one reason for the shrinking trade basket. Officials concede (Be willing to admit) <\/strong>there does not seem to be any immediate respite likely from faltering global demand. China\u2019s opening up of the economy may have prompted a global trade growth forecast hike (from 1% to 1.7%) for 2023 from the WTO, but recent Chinese data have been  <\/strong>about the recovery momentum. Reluctant European and North American markets are only expected to speed up (Cause to move faster)<\/strong> goods orders by September for the festive season, while services exports that have held up through the recent trade turmoil (A violent disturbance)<\/strong>, may slow too. India must use this slack (Lacking in rigour or strictness) <\/strong>period to review its overall trade stance, the reliance on a few large markets, and pursue greater integration with global value chains and multilateral trading arrangements. These would yield better outcomes than fresh measures to hold down (Restrain)<\/strong> the import bill.<\/p>\n\n\n\n

Want to improve your vocabulary further? Download the Lists of Word-Meanings of Previous Months here.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Do you want to update your vocabulary on an ongoing basis? Read this series of articles of Hindu Editorial Analysis published daily.<\/p>\n","protected":false},"author":3,"featured_media":59485,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[47],"tags":[69],"class_list":["post-43176","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-vocabulary","tag-editorials-difficult-words-2"],"yoast_head":"\nThe Hindu Editorial Vocabulary\u2013 May 17, 2023; Day 432 - Practicemock<\/title>\n<meta name=\"description\" content=\"Do you want to update your vocabulary on an ongoing basis? 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