Ventrilarmo

Meaning: Bad feeling in the stomach.
Pronunciation: Went-tree-la-mo.
Usage: I should have listened to my ventrilarmo while hiring that guy.
Root: Ventri (Latin for stomach) + Alarmo (Italian for alarm).

Kannadaata

Meaning: One who donates eyes.
Pronunciation: Cun-na-dha-taa.
Usage: Dead people need to turn into kannadaatas if the whole world must see.
Root: Kan (Tamil for eyes) + daata (provider).

Disstrionics

Meaning: Pretending to be disrespectful.
Pronunciation: Dis-tree-yawn-nicks.
Usage: When Rajniti Prasad tore the Lok Pal bill, he was just showing off his skills in disstronics.
Root: Diss (short for disrespectful) + Histrionics (acting).

Narcaughtics

Meaning: Illegal substances under the custody of the anti-drug squad.
Pronunciation: Nor-cot-ticks.
Usage: Bankrupt economies might be tempted to earn revenues by dumping their narcaughtics in the black market.
Root: Pretty obvious.

Parryvartan

Meaning: To resist change.
Pronunciation: Pare-ree-var-thun.
Usage: Forces of parryvartan will ensure that the FIAT currency regime stays on.
Root: Parry (to avoid) + Parivartan (Hindi for change).

Shaansad

Meaning: The prestige associated with being a parliamentarian.
Pronunciation: Shaan-sadh.
Usage: Lok Sabha must pass a strong Lok Pal bill. Else, the very shaansad of members, may get diluted.
Root: Shaan (Urdu for pride) + Saansad (Hindi for Parliamentarian)

Tropikhana

Meaning: A sumptuous breakfast washed down with some fruit juice.
Pronunciation: Trop-pick-kha-na.
Usage: I began the lazy weekend in an idyllic resort with a filling tropikhana.
Root: Tropicana + Khana (Hindi for food).

Orgunners

Meaning: The ones who kill or maim people for organ harvesting.
Pronunciation: Or-gun-ners.
Usage: China's orgunners can never be forgiven for the intolerable cruelty of their crime.
Root: Derived from the gunners who kill for bodily organs.

Ameeriat

Meaning: A state run by the rich.
Pronunciation: Um-me-ri-yat.
Usage: If our businessmen had their way, they would run India like an Ameeriat. Focus on money making and sweep all discordant issues under the carpet.
Root: Ameer (Urdu for rich) + -iat (Urdu equivalent of -cracy).
Note: Ameeriat is a synonym for plutocracy. It was coined first by Santosh Tiwari, a jolly good fellow.

Kickshawing

Meaning: Reverse-towing an auto rickshaw that has broken down by kicking it from the rear side using the momentum of the moving auto rickshaw traveling right behind. Here's a video to demonstrate the technique.
Pronunciation: Kick-shoing.
Usage: Thanks to some diligent kickshawing from a good samaritan, the pregnant woman was able to reach the hospital on time.
Root: Derived from Kicking (Thrusting of foot) a rickshaw.
Note: By extension, Kickshaw is the rickshaw that's being reverse-towed using this technique.

Stintern

Meaning: A seasoned hand learning the ropes on a new job.
Pronunciation: Stin-turn.
Usage: Nine months into his job, our VP is still as clueless as a stintern.
Root: Stint (period of responsibility) + Intern (Trainee).
Note: By extension, Stinternship is the training period on a new job.

Tanuvad

Meaning: Body language.
Pronunciation: Thun-noo-vaad.
Usage: To read an animal's mind, you need to know the nuances of tanuvad.
Root: Tan (Hindi for body) + Anuvad (Hindi for 'to interpret').
Note: By extension, a Tanuvadi is an expert in interpreting body language.

She Sickness

Meaning: What a woman goes through during 'that time of the month'.
Pronunciation: She-sick-ness.
Usage: Woman 2.0 will not have to go through the labour of she sickness.
Root: Obvious.

Chaapoholic

Meaning: Addicted to minting money.
Pronunciation: Cha-po-hall-lick.
Usage: We'll be stuck with a mountain of debt if we don't vote out the chaapoholics.
Root: Note Chaapna (Hindi for printing money) + -holic (suffix cueing addict).

Sopistry

Meaning: Providing sops to win elections under the pretext of a loftier cause.
Pronunciation: Sop-piss-tree.
Usage: The Food Security Bill type of sopistry won't cut ice with the aam aadmi. He'll take what comes his way and vote for someone else.
Root: Sop (anything given to pacify) + Sophistry (fallacious argument).

Mazaakistan

Meaning: The humour world.
Pronunciation: Ma-zaak-kiss-taan.
Usage: In prosperous societies, young minds don't wish to be engineers, doctors or MBAs. They wannabe the maharajas of Mazaakistan.
Root: Mazaak (Hindi for joke) + -stan (urdu suffix for place)

Ruecide

Meaning: The regret pangs experienced by a killer.
Pronunciation: Rew-side.
Usage: Life imprisonment is like slow torture. It torments the killer by injecting him with ruecide.
Root: Rue (deep regret) + -cidium (act of killing).
Note: It could also refer to the guilt experienced after a failed suicide attempt.

Marsismo

Meaning: The bravado of colonising Mars.
Pronunciation: Mar-sis-mo.
Usage: A few decades from now, presidential candidates will win elections, fueled by Marsismo.
Root: Machismo of occupying Mars.

Cerebum

Meaning: Smart but lazy.
Pronunciation: Seree-bum.
Usage: People have outsourced their thinking to the internet. We have more cerebums now than ever before.
Root: Cerebrum (the part of brain that controls all activity) + bum (idler).

Isoscentric

Meaning: Having the same fragrance.
Pronunciation: Iso-cent-rick.
Usage: The trouble with perfumes is it makes us all feel isoscentric.
Root: Iso (same) + Scentric (focal points in space with a fragrance).

Boomsdayer

Meaning: Hopeless optimist.
Pronunciation: Booms-day-yer.
Usage: You might be tempted to call me a boomsdayer if I were to tell you that 100 years from now, each of us could afford a planet for ourselves.
Root: The polar opposite of a doomsdayer.

Watchespati

Meaning: Time keeper.
Pronunciation: Watches-pa-thi.
Usage: Astronomers were the watchespatis in Ancient India.
Root: Watches (measure of time) + Pati (Sanskrit suffix meaning 'master of').

Stolpolski

Meaning: One who cheats and wins elections.
Pronunciation: Stole-poll-ski.
Usage: In the stolpolski hall of fame, Putin will earn a knighthood for his latest exploits.
Root: Stole (robbing) + Poll (elections) + Polski (a common Eastern European surname)

Mrsed

Meaning: He who had to stay at home because a wife put her foot down
Pronunciation: Miss-us-ed
Usage: Aravind was Mrsed at the school reunion last Sunday
Root: Missed+Mrs

(Note: Co-coined with @msnarain)