Top Business & Market Headlines Today — BL Morning Report, July 23, 2026

India liberalizes aviation market entry while Trump escalates pharma tariffs to 200% and Houthis threaten Red Sea oil shipments, creating geopolitical and trade policy volatility. For tech leaders managing India-region engineering outsourcing or data center infrastructure, the convergence of tariff risk and energy price pressure requires cost-model recalibration and supply chain diversification.