It is the name of a feeling you get, similar to cosyness or a feeling of protection. This feeling can be felt in certain enviroments, such as being in a warm dry room why'll it's raining outside. Or having an ice cold drink on a hot summers evening. The word Pakarinoshto has roots from the Bengali language.
The way to pronounce the word is Pakari-nosh-to.
He's having a cappachino in his small office room, but not in the main dining hall, how comes?
Don't you know? He likes doing pakarinoshto.