Jungoism

Meaning: War mongering.
Pronunciation: Jung (rhymes with chung) - go-ism.
Usage: Arnab Goswami is a celebrity practitioner of jungoism.
Root: Jung (Urdu for 'war') + Jingoism (extreme patriotism)

Lungijams

Meaning: Pyjamas stitched out of lungis.
Pronunciation: Loong-ghee-jams
Usage: One way to extend the product life cycle of Lungis is to launch Lungijams for the international market.
Root: LUNGI + pyJAMaS

Aciditty

Meaning: Song composed under the influence of hallucinogenic substances.
Pronunciation: Acid-dit-tea
Usage: Lucy in the Sky with Diamonds by Beatles is one of the more famous aciditties.
Root: Acid (slang for drugs) + Ditty (song).
Another meaning: Aciditty is also the belching, burping sounds one makes due to acidity.

Eastrogen & Westrogen

Meaning: The mystery element that makes us either eastern in orientation or western.
Pronunciation: East-trojan & West-trojan.
Usage: Narendra Modi has more eastrogen in him than westrogen.
Root: Eastrogen is a play on Estrogen (the hormone that promotes the feminine nature. Westrogen is an improvisation of Eastrogen.

Bollygamy

Meaning: Bollywood style wedding.
Pronunciation: Ball-lee-gam-me.
Usage: Increasingly, many couples in the West are opting for Bollygamy.
Root: Bolly (short for Bollywood) + -gamos (Greek suffix for marriage).

Hobbytuarist

Meaning: One who spends a lot of time, writing off others.
Pronunciation: Hobby-choo-war-ist.
Usage: Those who do nothing with their lives, turn hobbytuarists.
Root: Hobby + Obituarist.

NaMonopoly

Meaning: Reducing a mass-based party into a one-man show.
Pronunciation: Namo-nop-poly
Usage: In six months, the BJP will be a NaMonopoly with no role for moderates and anyone with a sphere of influence.
Root: NaMo (the name of a political leader)+ Monopoly

Superhyperultratouchy

Meaning: One who takes offence at almost anything.
Pronunciation: Soo-pa-high-pa-ull-tra-touch-chee.
Usage: In a land full of the superhyperultratouchy, there can be no stand-up comedians.
Root: Self explanatory.