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05 Feb 2026
Why Asia's richest man and BlackRock CEO want Indians to pick equities over gold
Summary
BlackRock CEO Larry Fink and Reliance Industries Chairman Mukesh Ambani are encouraging Indians to invest in the country’s equity markets instead of gold. They believe that investing in equities will yield better returns and contribute to India’s growth, which is expected to be the fastest in the world. Despite recent underperformance, they are optimistic about the long-term potential of the Indian equity market.
https://www.cnbc.com/2026/02/05/ambani-fink-reliance-blackrock-gold-equities-.html