The "positive contagion" on financial markets is not yet feeding into the economy at large but the euro zone should see recovery in the second half of the year, ECB president Mario Draghi said on Friday.

The European Commission unveiled a deal on Friday with Hewlett-Packard, Telefonica and eight other telecoms and technology firms aimed at filling up to 700,000 high tech job vacancies.

Asserting that India was a "shining star" with a growth rate of 6.5 per cent, which not many countries can boast of, Union Minister Jyotiraditya Scindia today said the country would emerge as a stronger economic force in next one year on the back of continuing reforms.