ECB's Draghi sees second half euro zone recovery

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.

Banks in the Eurozone will pay back early "137.2 billion ($183 billion) of the huge injection of cheap, three-year emergency loans they received from the European Central Bank about a year ago.

Billionaire philanthropist Bill Gates has said the world has been able to improve human conditions at a faster than ever before.

Greenpeace activists forced a temporary shutdown of Shell petrol pump near the WEF meeting venue here this morning and called for the energy giant to be suspended from the influential annual global economic meet being held in Davos.

India is expecting a healthy flow of foreign direct investment (FDI) during the current year on the back of renewed interest of overseas investors.

Terming corruption and frauds as a worldwide menace, Union Minister Anand Sharma has said it was unacceptable to single out India and other developing economies for these issues, as he assured the global investors of New Delhi's commitment to an institutional mechanism to address these concerns.

Enthused by the improving global economic scenario and a renewed wave of reforms back in India, IT giant Infosys says it is bullish over better growth prospects of the IT sector in 2013, and expects greater job creation this year.

From heads of governments of countries like UK, Germany and Italy to high-flying business executives and lesser known persons, the World Economic Forum (WEF) meet in this Swiss ski town is hosting every one this week.

Speaking to NDTV on the sidelines of the World Economic Forum, Union Power Minister Jyotiraditya Scindia says the India story is very much alive and kicking. He says it's important to look at things from a global perspective.

Pakistan's cricketer-turned-politician Imran Khan today expressed full confidence that his party would sweep the country's general election, scheduled to be held few months down the lane. Mr Khan, who arrived here today to take part in the World Economic Forum, said Pakistanis will vote for change.

The Reserve Bank of India (RBI) may lower its benchmark interest rates in the coming months as inflation has eased, pursuant to which banks may also lower their rates to some extent to pass on the benefit to customers, top banker Chanda Kochhar said.

Guy Ryder, director general of International Labour Organization, spoke to NDTV's Namrata Brar on the sidelines of the annual WEF meet in Davos, Switzerland.

Christine Lagarde, managing director at International Monetary Fund, spoke to NDTV's Vikram Chandra on the sidelines of the annual WEF meet in Davos, Switzerland, about various issues that India faces as a nation and as an economy.

Gregory R Page, chairman and CEO of Cargill, spoke to NDTV's Namrata Brar on the sidelines of the World Economic Forum in Davos, Switzerland.

US retailing behemoth Wal-Mart is worried that it is being unfairly targeted with allegations of lobbying in India to gain entry into the country's market, Commerce and Industry Minister Anand Sharma told NDTV today.

A Sikh rights group has filed a criminal complaint against Minister for Urban Development Kamal Nath, who is heading the Indian delegation at the World Economic Forum in Davos, with the Swiss Attorney General seeking his arrest and prosecution for allegedly conspiring in the 1984 anti-Sikhs riots.

J Frank Brown, managing director and COO of General Atlantic, spoke to NDTV's Namrata Brar on the sidelines of the annual World Economic Forum meeting in Davos, Switzerland.

Anand Sharma, Minister of Commerce & Industry, speaks to NDTV's Shweta Rajpal Kohli on the sidelines of the World Economic Forum in Davos, Switzerland, about reform process giving a positive signal to foreign investors. He also speaks about the Supreme Court's move to question government's FDI in multi-brand retail policy. Here is the edited transcript of the inter...