co-presented by
ASSOCIATE SPONSORS
co-presented by
ASSOCIATE SPONSORS
Ambani said India’s economy is entering a phase of visible, sustainable growth, driven by policy continuity and fiscal conservatism, and added that a booming startup ecosystem could give rise to '100 new Reliances' in the coming years.
Over time, Fink said, markets act as a 'great mirror' of what is actually happening in global economies, adjusting to inflation, growth and policy errors as evidence accumulates.
Mukesh Ambani said Indians have saved steadily for decades, but much of that capital has not been deployed efficiently to generate long-term returns. The core opportunity for JioBlackRock lies in encouraging savers to become investors and convert idle savings into income-generating assets.
AI is going to be a powerful growth engine in the world, says Fink
Reliance Industries Chairman and Managing Director Mukesh Ambani said the startup ecosystem was the aspect of India’s growth story that excited him the most. He added that the startup industry can spawn 100 new Reliances.
'Indians have saved consistently over the last five, six decades but that has not been productive. For us at JioBlackrock, the opportunity is to encourage Indians to save and give them the option to convert those savings into earnings,' says Ambani
The RIL chairman, who was speaking during a fireside chat with CNBC-TV18 along with Jio BlackRock Chairman and CEO Larry Fink, said that the world is taking note of India.
Larry Fink said that excessive focus on near-term market movements, headlines and capital flows often distracts investors from the real opportunity -- investing alongside the long-term growth of an economy. India’s growth story presents a compelling opportunity for investors willing to adopt a patient approach.
Join us for a live conversation that brings together perspectives on how the future of investing is being shaped in India. The event features a fireside chat with Larry Fink, Chairman & CEO, BlackRock, and Mukesh Ambani, Chairman & Managing Director, Reliance Industries, along with sessions on access, technology, and the role of investing in economic growth.
Money markets imply a one-in-three chance the Fed will deliver another half-point cut in November, and price a total of about 190 basis points of easing by the end of next year.
Markets can be corrupted and are not fail-safe alone
The upturn in the crypto market coincides with a remarkable shift in stance from one of Bitcoin’s greatest critics, Larry Fink, CEO of BlackRock
Similar negative Wall Street sentiments about the global economy have been echoed by other professional investors, hedge fund managers and bankers like Ray Dalio, Stanley Drunkenmiller among others.
Bitcoin rose more than 12% in June alone and is up more than 80% year-to-date.
Fink believes the structure of the economy has changed drastically due to geopolitics. The repeated shocks of the past few years have also dramatically reshaped supply chains, he said in a letter to shareholders.
The head of Blackrock believes that an immediate crisis has been staved off but systemic risks remain. He foresees liquidity mismatches, a reference to investors who have used borrowings to fund illiquid investments
The Chairman and CEO of BlackRock discussed the price of easy money in his annual letter to shareholders
BlackRock boss Larry Fink has linked remote work to a fall in productivity.
“It’s been aggravated by Covid and lockdowns in different parts of the world,” Fink, 69, said Thursday in a wide-ranging interview on “The Close” on Bloomberg Television. “It’s more supply driven.”
Having founded a small bond investment house just three decades ago, Fink has managed to build BlackRock into a vast financial empire
Despite parts of the economy rebounding strongly from the shock of the coronavirus pandemic, there remains a need for fiscal stimulus, Fink said.
Retirees and those nearing retirement have been traditionally advised to reduce their exposure to riskier investments such as stocks in favor of bonds and cash. But in the current investing environment, stocks are being viewed as the only game in town for a decent return.
As the annual talkfest of the rich and powerful from across the world reached its last day here, top economic leaders felt the global economy is improving though mostly on internal factors even as they warned of new 'black swan' events post elections in various countries.
Larry Fink, BlackRock CEO, discusses fear factors driving Brexit. He says uncertainty around Brexit is hurting markets.
BlackRock Inc CEO Larry Fink is hoping that a trillion points of data can revive his firm's ailing stock-picking business.
