5129: NSE loses record retail investors in FY26; Why Vanguard chose Hyderabad for India GCC; and TCS case a wake-up call for Indian IT?

In today’s edition of Moneycontrol Editor’s Picks: Bhagwati Products Ltd has begun preparations for an IPO, markets rallied on easing crude prices and hopes of renewed US-Iran talks, investor confidence may take hit after Noida workers protest but Centre’s new rules under labour codes are likely to bring uniformity in wages. The Iran war’s long-term impact could disrupt global LPG supply for 3–4 years, pushing India to explore alternative sources. Meanwhile, a cooler summer in North India has raised concerns for AC makers, though demand in southern markets remains strong. More inside. Tune in!

In today’s Tech3 from Moneycontrol, India’s retail trading boom shows signs of cooling as NSE sees a record drop in active investors. Vanguard picks Hyderabad over Bengaluru, signalling a shift in GCC location strategy. The TCS Nashik probe prompts industry-wide reviews of workplace safety systems. And Zolve expands beyond the US, pivoting to geographic diversification amid changing immigration trends and global uncertainty.

In this episode, presented by Moneycontrol in collaboration with GivingPi, host Gaurav Choudhury speaks to Anna and Raj about their grassroots, volunteer-led movement, aimed at solving for the hunger issue in the United States and mobilizing the Indian American community to respond. Since its inception in 2017, HungerMitao has enabled 80+ million meals through food banks across America. Why did the hunger issue in the US resonate with them, how did they map their journey from business to philanthropy, and what inspired their “give where you live” approach? Tune in to find out all this and more.

A workplace misconduct case at Tata Consultancy Services has drawn the Centre’s attention after alleged gaps in POSH Act compliance were flagged. In Noida, calm returned after Monday’s labour protests, with firms aligning to revised wage norms. Meanwhile, the Department of Telecommunications has stepped in to ensure diesel supply for mobile towers as the West Asia conflict disrupts energy availability. The ripple effects are also visible in Punjab’s industrial hubs, where rising costs and supply delays are squeezing production and jobs. Despite these pressures, former Finance Commission chairman N. K. Singh maintains that India remains a macroeconomic “fulcrum of stability”. Also inside: pushback against one hour delay proposed for UPI high value transactions, IMD’s warning for a dry monsoon and India’s luxury market appeal. Tune in!

In today’s Tech3 from Moneycontrol, a probe at Tata Consultancy Services’ Nashik unit raises questions on workplace systems, the Reserve Bank of India proposes a delay on UPI payments to curb fraud, Andhra Pradesh launches India’s first quantum testing ecosystem, and Noida’s electronics hub prepares to resume operations after worker unrest.

In this edition of Moneycontrol Editor's Picks: Tata Trusts gear up for key meetings ahead of a crucial board decision on N Chandrasekaran’s reappointment and Tata Sons’ listing. Meanwhile, global energy tensions intensify as a potential blockade of the Strait of Hormuz threatens crude supplies, forcing India to seek alternatives. At home, the government looks to shore up finances through higher fuel export duties, while markets turn volatile amid rising oil prices and policy shifts. Despite the uncertainty, retail inflation remains relatively contained, though risks loom from monsoon forecasts and geopolitical stress. Adding to the churn, worker protests in Noida highlight manufacturing sector tensions. Tune in for all this and much more.

In today’s Tech3 from Moneycontrol, AI brands dominate IPL sponsorships as marketing shifts from visibility to utility. Rising fuel costs push EV adoption, especially in two- and three-wheelers. The government plans a centralised cyber intelligence system to tackle growing threats. And Myntra sees a leadership change with Sharon Pais set to take charge as Nandita Sinha exits the Flipkart group.

In this edition, some good news first: Indian stocks saw their best weekly gain in 5 years, softer crude prices lifted sentiments and inflows into equity and mutual funds strengthened despite market volatility. Moneycontrol’s inaugural Advance Business Index shows that economic activity in India eased from the preceding month but still continues at a healthy pace. Despite this, March data also shows that economic headwinds are making an impact. As UPI turns ten years old, our reporters take a look back at its decade long journey, next big opportunities and how AI is set to change the way we transact online. Meanwhile, a US directive restricting satellite imagery over West Asia has complicated matters for Indian spacetech startups, and NHRC has flagged an extramarital dating app that puts minors and women at risk. Also inside: after TCS’s shining performance, a look at whether it should be back in investor’s reckoning despite past stock underperformance. Tune in!

In today’s Tech3 from Moneycontrol, UPI completes a decade with massive scale and now targets 1 billion users and deeper credit adoption. Swiggy sees key leadership exits and board changes. Spacetech firms rethink strategy as geopolitical tensions and war-linked controls shape satellite data access. Meanwhile, TCS reports strong deal wins but declining revenue, highlighting a shift toward AI-led, outcome-based models in IT services.

In this edition: HDFC Bank’s board may take up the chairman appointment even as CEO Sashidhar Jagdishan is likely to get another term. Tata Consultancy Services kicks off earnings season with strong growth and rising AI revenues. Meanwhile, energy risks persist as minister Hardeep Singh Puri heads to Qatar amid Strait of Hormuz disruptions. Actis eyes a $1.8 billion sale of BluPine Energy, while India’s bond index inclusion remains on hold. In AI, Emergent is in talks to raise fresh funding, and Samiran Chakraborty weighs in on the macro impact of global tensions. Tune in!