The Hindu Editorial (Shifting sands) – June 17, 2023

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The Hindu Editorial (Shifting sands) – June 17, 2023:

shifting sands (phrase) – used to refer to something that is constantly changing, especially unexpectedly.
front (noun) – a particular sphere of operation; a particular situation.
estimate (noun) – rough calculation, estimation, assessment, valuation.
harbinger (noun) – indicator, announcer, forerunner.
mark (noun) – indicate, represent, signify.
successive (adjective) – consecutive, continuous, sequential, succeeding, back to back, straight, in a row, on the trot.
contraction (noun) – decline, decrease, reduction.
outbound (adjective) – travelling/going out of your home country.
barring (preposition) – except, except for, apart from, other than, besides, excluding.
year-on-year (adjective) – year over year (for comparison).
sequentially (adverb) – in succession, successively, continuously.
make up (phrasal verb) – comprise, account for, constitute, compose, form.
quarter (noun) – one fourth of something.
basket (noun) – a group of something (taxes, investments, commodities, etc.).
contract (verb) – decline, decrease, diminish, reduce.
largely (adverb) – mostly, mainly, generally.
cool (verb) – reduce, decrease, lessen, diminish.
sobering (adjective) – serious, sensible, thoughtful; logical/realistic, pragmatic.
boom (noun) – a period of rapid (economic) growth; economic upturn; economic upswing.
narrow (verb) – reduce, decrease, diminish.
steep (adjective) – sharp slope; unreasonably high/low.
current account deficit (CAD) (noun) – the amount by which money relating to trade, investment etc going out of a country is more than the amount coming in.
amid (preposition) – in the middle of, surrounded by; during.
surging (adjective) – increasing/rising (suddenly).
inelastic (adjective) – relating to supply/demand or import/export which is unconcerned to changes in price; rigid, unyielding, inflexible, stable.
reversal (noun) – change, swing, shift, alteration.
accelerate (verb) – increase, rise, escalate.
receipts (noun) – proceeds, profits, earnings, returns, income, revenue, gain, yield, turn over.
slowdown (noun) – economic decline, recession, slump/depression.
hit (verb) – affect badly, damage, ruin.
infect (verb) – affect, have an effect on, affect, impact on.
appetite (noun) – hunger, strong desire, liking.
slash (verb) – reduce, lower, bring down.
benching (noun) – it refers to the section of employees who are currently not working on any projects but remain on the job and getting the salary
recruit (noun) – new member, new entrant, new employee.
core sector/industries (noun) – the eight industries comprising electricity, steel, refinery products, crude oil, coal, cement, natural gas and fertilizers are classified as core sector industries.
so far (phrase) – until now, up to the present, up to this point.
merchandise (noun) – goods, commodities, produce, product.
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.
revive (verb) – restore, revitalize, renew, bring back.
cite (verb) – refer to, mention, bring up, adduce, specify, point to.
World Trade Organization (WTO) (noun) – an intergovernmental organization that is concerned with the regulation of international trade between nations.
upgrade (noun) – improvement, betterment, enhancement.
fructify (verb) – become fruitful, become productive, become effective, bear fruit, yield (positive) results, be successful, pay off.
far from (phrase) – not, not at all; nowhere near, a long way from.
business as usual (phrase) – a normal state of affairs, the daily round, routine, a normal pattern.
suffice (verb) – be enough, be sufficient, be adequate.
fire (verb) – get going.