India must boost capital markets so Indians grow with economy: Larry Fink, chief executive, BlackRock

BlackRock CEO Larry Fink urges India to prioritize domestic capital markets over foreign inflows for sustained economic participation. He highlights India’s advanced financial infrastructure, from digital payments to asset tokenization, as a strong foundation for growth. Fink also downplayed AI bubble concerns, emphasizing underinvestment risks, especially in the US, amidst China’s progress.

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Sebi proposes to revise ‘fit and proper person’ criteria for market intermediaries, including stockbrokers, to ease compliance burdens. The regulator suggests removing automatic disqualification upon

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