Word: indias
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...bargain - analysts have held up the British firm as a compelling target for a firm like Kraft. Cadbury boasts around a quarter of the world's fast-growing gum market, a sector Kraft has missed out on. Its muscle in the U.K., Latin America and key emerging markets like India would also complement Kraft's strengths in the U.S. and Europe. In fact, with 15% of the global confectionary market, the company based in Northfield, Ill., would, thanks to the deal, be on a par with Mars. (Watch a TIME video on a bacon chocolate...
...That can be seen clearly in the continuing stream of agreements tying together regional powers. In August, India inked two FTAs in a week, with South Korea and the 10-member Association of Southeast Asian Nations (ASEAN). ASEAN and China are scheduled to bring most of the final tariff reductions of an FTA signed in 2004 into full effect by 2010. More deals are likely. Taiwan President Ma Ying-jeou has made his policy priority reaching a comprehensive economic framework with China that would reduce tariffs on Taiwan goods entering the Chinese market. Yukio Hatoyama, Japan's presumptive Prime Minister...
...Chief Ministers have been from the Reddy community. The 12 Reddys among the present cabinet of ministers are keen to keep the top post within the community, showing how Indian politics also still runs mainly on caste and community considerations. (See a timeline of events that shaped modern India...
...late YSR; and the Congress Party now seems set for another round of political infighting. Without the magnetic leadership of YSR, the state government may have to face a resurgence of the movement by the restive Telangana region to carve itself out as a separate state in India's federation. YSR had effectively quelled its political momentum during his five years in office. Any fractiousness in Andhra Pradesh may be bad news for the Congress party in the state and at the central government - it alone contributes 42 of Congress' federal lawmakers, the largest number from any single state...
...were either current or former chief ministers. Yet, people voted for stability and performance and brought the Congress back to power. "What people want more and more are leaders who can deliver," says Ganguli, adding that while a shift from dynastic to merit-based politics would be good for India, "Change must come at a gentle pace...