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HuffPost India is history, thanks to new FDI norms

newslaundry.com

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Re: HuffPost India is history, thanks to new FDI norms

#81

Post by addicted »

manifestdissent wrote: post #47

The nationalism in these comments isn’t surprising. But it is disappointing. Several comments are implying that HuffPo is an influence operation or conspiracy... ??? There’s a clear boogeyman (the Chinese) and a grand arching conspiracy stopping the country from being great. This is fascism 101

Even if that’s true then close Huffpost by finding evidence for those claims.

Not by adding a retroactive FDI cap and destroying foreign future investment.

Of course, the fact that the government didn’t do the correct thing indicates that Huffpost is hardly an influence operation, but that this government wouldn’t survive too long with independent media dominating the airwaves and Whatsapp as opposed to their lackeys.

Re: HuffPost India is history, thanks to new FDI norms

#82

Post by damnencryption »

publicola1990 wrote: post #78

Some in the west think that India is western like democracy, but moves like this indicate that the government there is actually a regressive and almost authoritarian in nature, it society is far from reaching say the level of openness of other modern democracy, and the current government is hell bent on retarding and reversing all tendencies towards achieving a westernized polity.

I think the definition of democracy exclude many countries today. One of the major point of democracy which I was taught in my social class was that we need enough choices in our parties and candidates. India doesn't have that. There are only two significant political parties at the central level and one of them has been weakened too much to be a competitor anymore.

There was a question in my exam about this too. Why are x countries not democratic despite having public elections?

Real democracy needs more than two parties.

Re: HuffPost India is history, thanks to new FDI norms

#85

Post by shard972 »

justforfunhere wrote: post #71
square_usual wrote: post #49

Earlier quoted context omitted.

From personal experience, most Indians in the tech space are conservative-leaning. I don't network a lot, but I do talk to people enough to know that "liberal" in the western sense is a very rare viewpoint in this industry. E: I should mention that I am Indian.

I would go one step further and say that most Indians in the tech space come from Upper Caste, well to do Middle Class families with enough money to give them a comfortable chance at getting into a decent college in India/Abroad. This gives them a sense of entitlement that is very hard to shake off. This also makes them partially blind to the kind of hardship most poor Indians have to face and live with for the entir…

And white SV programmers don't have a sense of entitlement?

Re: HuffPost India is history, thanks to new FDI norms

#86

Post by shard972 »

manifestdissent wrote: post #65
square_usual wrote: post #55

Earlier quoted context omitted.

That is really funny to me, because PayTM's founder is supposedly very tight with the BJP, and they also rode the demonetization wave hard with the full-page ad featuring Modi.

Fascism rarely has any internal consistency or meaning. It’s an ideology of hate towards the other and sucks to be you if you’re the other. It’s not surprising that they turned on him. If he had bothered to read history, he’d have read what happens to most supporters and collaborators of such regimes. https://en.wikipedia.org/wiki/Night_of_the_Long_Knives Fascists are an ouroboros of hate. They all eat themselves.

Huh, funny how even when fascism makes no sense, its just more proof that it's fascism, because it makes no sense in this definition ,or something like that i guess....

Re: HuffPost India is history, thanks to new FDI norms

#87

Post by ashleshbiradar »

factorialboy wrote: post #45
jhowell wrote: post #23

Earlier quoted context omitted.

> I doubt it had any significant revenue. We don't know, and what's significant? Return on investment regardless of size of investment is significant when running any business. > At some point, fundamentals of the business matter. I think the fundamental outlined in the article is "Narendra Modi government’s new foreign direct investment norms for digital media," and not described in relation to revenue.

Given that they cannot carry out their ops without foreign investment is clear indication that the business was unsustainable. > I think the fundamental outlined in the article is "Narendra Modi government’s new foreign direct investment norms for digital media," and not described in relation to revenue. That's an opinion piece. The fact is they shut down operations. And if the reason is lack of foreign investment, t…

It's not an opinion piece.

Re: HuffPost India is history, thanks to new FDI norms

#88

Post by poma88 »

justforfunhere wrote: post #71
square_usual wrote: post #49

Earlier quoted context omitted.

From personal experience, most Indians in the tech space are conservative-leaning. I don't network a lot, but I do talk to people enough to know that "liberal" in the western sense is a very rare viewpoint in this industry. E: I should mention that I am Indian.

I would go one step further and say that most Indians in the tech space come from Upper Caste, well to do Middle Class families with enough money to give them a comfortable chance at getting into a decent college in India/Abroad. This gives them a sense of entitlement that is very hard to shake off. This also makes them partially blind to the kind of hardship most poor Indians have to face and live with for the entir…

Exactly this: where is that exaggerated sense of entitlement coming from? Who else finds it insane? It is not only caste. It is a sense of superiority.

Re: HuffPost India is history, thanks to new FDI norms

#89

Post by rtx »

oytis wrote: post #38

Funny how all the authoritarian governments are following the same script. Restricting foreign investment in media while keeping the inland investors under control sounds a lot like my native Russia.

I think it started with US congress's opposition to Russian money in media. Now everyone is following that.

Re: HuffPost India is history, thanks to new FDI norms

#90

Post by newswasboring »

Keeping aside the point whether I like the decision or not (I don't), there is still a major flaw in the law which will make sure it does not achieve its goal of reducing foreign influence in India. In today's world, entertainment channels influence people's views, including political views, much more than news channels. People are increasingly making their opinions based on whatsapp forwards and twitter/tiktok trends. There is no restrictions on FDI in those.
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