Gaurav Sabnis Profile picture
Oct 11 15 tweets 7 min read
Great work, Sir. The official line continues to lie and deflect.

In #OldIndia, this investigation & research would have been done by a newspaper or news channel. When we actually had investigative journalism in public interest.

Now Twitter is the only real news source in India.
I remember the #OldIndia even of, say 2012, where there was some real investigative news story or "sting operation" happening all the time. When, for a few fleeting years, the press was actually being the fourth pillar of democracy.

Now just wire, scroll, caravan, tnm, AltNews.
A decade ago, I used to tell American friends how we don't have any fox News or nypost or hannity types in India. That was the #OldIndia

Now I tell American friends how Indian media is like 12 different fox News and nypost and 36 different hannity types. #NewIndia is SuperFox!
The speed with which Indian journalism got taken over and dismantled by the Sanghi-Dalal-Street alliance is a cautionary tale for other democracies. A thriving growing promising ecosystem of journalism turned into an entire ecosystem of fix news types in less than a decade!
Can anyone remember the last time they saw real investigative journalism in India anywhere except @thewire_in @scroll_in @thenewsminute @thecaravanindia @AltNews?

Not even a rhetorical question. Serious one. None of the #OldIndia media has done anything journalistic in years!
A story like this from @thenewsminute, a decade ago would have been in Indian Express/NDTV/India Today.

Such a serious thing with huge ecological impact when climate change is flooding Indian coasts like never before. Textbook crony capitalism.

Ignored.

thenewsminute.com/article/govern…
I mean can you not connect the dots here? ImageImage
A month before the government said it will lift the ban on beach sand mining, Adani coolly tells the BSE that he's starting to companies for beach sand mining. This is beyond even just Insider Trading. This is...I don't even know if there is a term for cronyism this blatant!
2019
Modi: We are banning private beach sand mining!
Everyone: *applause* (even from liberals)

2022
No one:
Literally no one:
Adani: I wanna mine beach sand to become richer than Elon! 😭
Modi: come to think of it, let's have private beach sand mining!

Bik gaya India!
A decade ago, such a move by the ruling govt would have unleashed so much mainstream investigative journalism in #OldIndia. Today, just a few plucky idealistic and well meaning online outlets even look at these things of everlasting importance. Read by the few despondent us. 😔
Apologies to @Ahmedshabbir20 for not tagging him in these tweets about his superbly researched and written story. That deserves a wider audience and at least some efforts at public debate on this before they ram it through the Parliament.

thenewsminute.com/article/govern…
Just so you get the full context for why this is particularly brazen.

For the past decade or so, activists have worked hard to bring focus to this catastrophe we are facing that we haven't even heard of. Cos rich people wanna get richer by mining beaches

weforum.org/agenda/2022/06…
If you've been on a beach, you've seen what stops those powerful waves when they come in.

Sand.

So obviously if private players start mining and removing sand in huge volumes to make huge amounts of money, the ocean will come in even more.

Popularly known as flooding!
Modi in 2019 banned it. Almost everyone applauded. A rare occasion when you couldn't tell the difference between Swarajya and The Wire!

It was a rare and as it turns out, fleeting instance of the Modi govt putting the interests of the country before the interests of rich ppl. ImageImage
So this reversal is so clearly and obviously and completely for the sake of the Adani Group!

Now wait and watch as Swarajya poopindia types fall over each other u-turning to you why beach sand mining is essential to "development". And anyone opposing it is "urban naxal".

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More from @gauravsabnis

Oct 14
A lot of the inflated #TSLA valuation rests on their order backlogs. Which means people waiting to buy cars but production just can't keep up.

Notice how that metric has been dropping consistently since Elon went full Lex Luthor in April with the Twitter stunt & liberal bashing. Image
You'll see a lot of unnecessarily wordy and aggressively boring explanations for this from analysts and institutional investors and financial media and others who really need TSLA to keep going up up up for them to keep having jobs. So they try to distract from demand issues.
But those of us who aren't in this pump and pump and pump and pump game like to look at the fundamentals.

Sure, you buy tsla at 250 hoping it will go to 300.

But remember FIN101. It's all still an NPV of future profits. From actual sales. Of products. Not just stock returns.
Read 10 tweets
Oct 14
Fascists very reliably run into ground whatever they take over.

So please remember that what we have experienced in the last few years is the zenith of Indian Cricket. Which, for all its flaws & corruption, was run mostly by people serving Cricket, not just one guy's politics.
Now that Amit Shah has taken over the BCCI completely and totally as dictator4Lyf, the decline will be swift. Ganguly was removed, not because he was bad for cricket but because he would not do Shah's bidding in politics. Such malaise spreads super fast. Wait, watch, weep.
Whether it was Pawar or Dalmiya or Srinivasan or whoever, with their own agendas in money making and helping their buddies, everyone's eye was still on fattening and caring for the Golden goose that is Indian cricket.

Not the case with MoSha. Their eye is on Hindu rashtra.
Read 5 tweets
Oct 14
Sourdough pizza experimentation night with friends ImageImageImageImage
First was beef round steak & chimichurri pizza.

Second was potato pizza. ImageImage
This pie was assembled made by my buddy's 10 year old. Salami, cheese, tomato, basil, & sesame oil. Totally her combination. We shall call it The Eva.

This is a fun version of Pizza Night. Making it yourself, full gourmet & all. Image
Read 4 tweets
Oct 13
Admittedly hot take coming up.

There simply cannot be such a thing as a "favorite" in the T20 World Cup. Not in any meaningful way as we understand the term, which is for betting. And the odds bear it out.

ALL teams are positive odds. Ergo no one is nor can be the "favorite".
You want "favorites" in the T20 World Cup? You will see them in individual matches. With the minus sign next to them.

A "favorite" is someone on whom, if you bet X, you will get something less than X back.

India are favorites vs Pakistan for example. England v Afghanistan. ImageImage
But this? This does not make Australia or England favorites, although they do have the relatively highest probability of winning. That does not though, make them any more favorites in probability terms than a team which gets +250. Which is not a favorite. That's a big bet! Image
Read 5 tweets
Oct 13
Making an online exam and thinking of rickrolling the final question. 🤭🤭🤭🤭

I know it is very 2007 but hey, that makes it extra retro now!
It's a multiple choice exam about market research, specifically survey research. So I'm thinking,

Q40. What should you always be sure to do at the end of a questionnaire or a survey call?

A. Give you up
B. Let you down
C. Run around
D. Say goodbye

🤭🤭
This is something I started in covid years when we had to move all exams and assignments online. Inject some silly joke or meme at the end of the exam. Preferably in multiple choice question form. 😁
Read 5 tweets
Oct 13
Seems like BJP is exploring every avenue to push Muslims, Dalits, and non-Hindi speakers continuously, hoping for a retaliation big enough that they can go "Reichstag Fire" on.

The rate at which they keep opening new fault lines every week suggests that. They WANT a civil war.
There have been 3 historic fault lines in South Asia that have caused violence and suspension of rights - religion, caste, language. BJP keeps hitting all three regularly, as if hoping one of its targets will do something globally headline grabbing. Giving them an excuse.
There are people still naive enough to think or say Modi should focus on development instead of social issues, as if anyone ever stopped him. It's he who, after "wins" on older fault lines like Ayodhya, Kashmir, CAA, triple talaq, still keeps opening new fissures. All he knows.
Read 7 tweets

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