🔴 Critical PHP flaws could let hackers seize internet-facing servers—while 67% of India’s .in websites reportedly use PHP. Get this and more in BL Morning Report.
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BusinessLine
BL Morning Report | Top Business & Market Headlines Today | October 23, 2026
Get today’s top business news, market headlines and the latest updates from India and global markets.
🔴WATCH | Green Energy Corridor-III: Strong nudge to battery storage. Will it help grid stability, avoid renewable energy curtailment?
Watch the latest episode of Green Shift to know more👇.
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Watch the latest episode of Green Shift to know more👇.
https://mrf.lu/2vV1V
Despite slowing subscriber growth, Elon Musk-led SpaceX's Starlink could emerge as a serious competitor in both broadband and mobile services over the coming years, as improving profitability may enable the company to adopt aggressive pricing strategies and challenge established US telecom operators, according to a report by Bernstein.
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BusinessLine
Starlink's recent quarterly results could enable competitive pricing.
Starlink's improving profitability could enable aggressive pricing, challenging US broadband/telecom operators despite slower subscriber growth.
Six Parsi community organisations have backed Tata Trusts in its quest to keep Tata Sons private.
In a letter to Prime Minister Narendra Modi earlier this month, the organisations said the debate surrounding the listing of Tata Sons should not be viewed merely as a regulatory or technical matter. “The implications reach much further. Any change that alters the balance between long term stewardship and short term market expectations could affect the very fabric, ethos and defining character of Tata Sons and by extension the wider Tata group. Preserving the values that have distinguished the Tatas for generations is a matter of considerable national importance,” the organisations have said.
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In a letter to Prime Minister Narendra Modi earlier this month, the organisations said the debate surrounding the listing of Tata Sons should not be viewed merely as a regulatory or technical matter. “The implications reach much further. Any change that alters the balance between long term stewardship and short term market expectations could affect the very fabric, ethos and defining character of Tata Sons and by extension the wider Tata group. Preserving the values that have distinguished the Tatas for generations is a matter of considerable national importance,” the organisations have said.
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BusinessLine
Parsi organisations ask PM to keep Tata Sons private, oppose listing
Six Parsi community organisations have backed Tata Trusts in its quest to keep Tata Sons private.
Commerce and Industry Minister Piyush Goyal has held meetings with senior executives of pharmaceutical major Bayer and healthcare group Fresenius to discuss investment opportunities in India.
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BusinessLine
Goyal discusses investment opportunities with Bayer, Fresenius
Goyal meets Bayer, Fresenius to explore India investment, innovation, and collaboration in healthcare and manufacturing expansion.
Commerce and Industry Minister Piyush Goyal on Friday said the government is willing to bear the entire cost of "expensive" certification for micro and small enterprises under the Export Promotion Mission (EPM), urging existing and new exporters to approach the Directorate General of Foreign Trade for support to access global markets.
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BusinessLine
Govt to bear ‘expensive’ certification costs for micro, small exporters under EPM: Piyush Goyal
Government will fully cover expensive certification costs for micro and small exporters under EPM to boost global market access through DGFT.
Adani Green Energy’s net debt rose 35 per cent year-on-year to ₹1.03 lakh crore at the end of September 2026, but the renewable energy company said around 72 per cent of its project loans carry fixed interest rates, limiting the impact of interest-rate fluctuations on a substantial portion of its borrowings as it expands capacity.
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BusinessLine
Adani Green’s debt jumps 35% to ₹1.03 lakh cr; says 72% of project loans insulated from rate cycle
Adani Green’s debt jumps 35% to ₹1.03 lakh cr, with 72% of project loans fixed-rate, shielding earnings from rate swings.
Welspun Tubular LLC, the US subsidiary of Welspun Corp, has secured a fresh order worth approximately ₹5,500 crore to supply coated line pipes for a Permian natural gas pipeline project in the United States.
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BusinessLine
Welspun Corp wins ₹5,500-crore US natural gas pipeline order
Welspun Corp wins a ₹5,500-crore US pipeline order linked to a hyperscaler data centre, taking its global order book to a record $5.25 billion.
BSE Limited has invited applications for the post of Managing Director and Chief Executive Officer (MD & CEO), as per a company statement. The exchange has set November 19, 2026, as the deadline for submitting applications, with interested candidates required to send their resumes by 10:00 am IST.
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BusinessLine
BSE invites candidates to apply for the post of MD & CEO
BSE Limited invites Indian candidates to apply for MD & CEO, seeking capital markets, tech, and stakeholder-management expertise by Nov 19, 2026.
Gold Rate Today: Today's gold prices of 22, 24 carat down across other cities on October 23
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BusinessLine
Gold Rate Today October 23: Check latest Gold prices in Coimbatore, Nagpur, Visakhapatnam, Surat, Jaipur, Lucknow, Chandigarh &…
Gold Rate Today: Today's gold prices of 22, 24 carat down across other cities on October 23
Long queues and large crowds gathered at Apple's Saket Store inside Select CITYWALK Mall in Delhi on Friday as the tech giant's first foldable smartphone, the iPhone Duo, officially went on sale in India. The sale day scenes reflected strong customer interest in the device, which starts at ₹2,99,900 and costs up to ₹4,49,900 for the top-end variant.
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BusinessLine
Apple iPhone Duo goes on sale in India; Delhi buyers queue up at Saket store
Apple iPhone Duo debuts in India with Delhi queues at Saket, starting ₹2,99,900 for 256GB and up to ₹4,49,900 for 2TB.
Gold Rate Today: Today's gold prices of 22, 24 carat down across metro cities on October 23
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BusinessLine
Gold Rate Today October 23: Check latest Gold prices in Delhi, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad, Pune & Other Cities
Gold Rate Today: Today's gold prices of 22, 24 carat down across metro cities on October 23
India’s benchmark 10-year government bond yield rose to 7.48% on Friday morning, pushing the spread over the US 10-year Treasury yield to around 251 basis points, its highest level in four months. With the US 10-year Treasury yielding about 4.96%-4.97%, the India-US yield gap has moved above the 250 basis points (bps) mark, a level that bond market participants believe enhances the relative attractiveness of Indian debt but may not be enough on its own to attract sustained foreign portfolio inflows, writes Ashokamithran T.
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BusinessLine
India-US bond yield gap tops 250 bps as G-Sec yield hits 7.48%; FPI inflows uncertain
India's 10-year bond yield rises to 7.48%, widening the US yield gap to 251 bps, but rupee stability and oil prices remain key to foreign inflows.
India on Friday said that its 14 nationals onboard a yacht involved in an incident off the coast of Yemen are safe and it will continue to work to ensure their well-being.
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BusinessLine
14 Indians on board a yacht involved in incident off Yemen coast safe: Embassy says
14 Indian nationals aboard a yacht near Yemen are safe, with India monitoring the situation and ensuring their well-being.
Shree Cement Ltd, the country’s third-largest cement group by capacity, on Friday reported a 15 per cent decline in consolidated net profit to ₹263.46 crore for the September quarter, mainly due to elevated fuel prices.
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BusinessLine
Shree Cement's Q2 profit falls 15% to ₹263.46 cr, revenue surges 23%
Shree Cement Q2 profit dips 15% to ₹263.46 cr as revenue climbs 24%, powered by green energy and strong RMC growth.
IndiGo has extended the cancellation of its flights to and from Riyadh until October 31, while services to Jeddah, Dammam and Madinah will remain suspended until October 27, amid the evolving security situation in Saudi Arabia following a deadly attack at King Fahd International Airport in Dammam.
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BusinessLine
IndiGo extends cancellation of its flights to and from Riyadh until October 31
IndiGo extends cancellations to Riyadh until Oct 31 and Jeddah, Dammam, Madinah until Oct 27 amid Saudi security concerns after a Dammam attack.
Israel has ordered its army to prepare for a full closure of the West Bank on Friday, following a deadly shooting earlier in the day in the occupied territory.
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BusinessLine
Israel orders soldiers to close off West Bank following an attack in Palestinian territory
Israel has ordered its army to prepare for a full closure of the West Bank on Friday, following a deadly shooting earlier in the day in the occupied territory.
Spark Private Wealth CEO Aprita Vinay says AI and integrated advisory platforms will shape wealth management as the firm’s assets under management cross ₹52,000 crore.
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BusinessLine
No AI, No Future? Spark CEO on the changing wealth management landscape
Spark Private Wealth CEO Aprita Vinay says AI and integrated advisory platforms will shape wealth management as the firm’s assets under management cross ₹52,000 crore.
Buying two flats adjacent to each other, or one above the other, with a common entrance and treated as one residential unit, can be considered one for capital gains investment, the Income Tax Appellate Tribunal (ITAT) said, reports Shishir Sinha.
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BusinessLine
Buying 'Jodi Flats' will now be eligible for capital gains tax exemption: ITAT
ITAT ruling: two connected flats can qualify as one residential house for LTCG exemption under Section 54F, subject to physical verification.
🔴WATCH | Green Energy Corridor-III: Strong nudge to battery storage. Will it help grid stability, avoid renewable energy curtailment?
Watch the latest episode of Green Shift to know more👇.
https://mrf.lu/2v7QK
Watch the latest episode of Green Shift to know more👇.
https://mrf.lu/2v7QK