Chitra Subramaniam kicked off the discussion through the lens of how journalism is essentially a public service. She discussed the usual life cycle of a news report that deals with serious improprieties or scams by those in power; "from denial to irrelevant details, to more denials, the setting up of a committee and the usual refrain of the law taking its own course".Talking about if Amitabh Bachchan was involved in the Bofors scam, Ms Subramaniam said, "Amitabh's name was 'planted' in the scam. This was done because he was very close to the Gandhi family. This was planted by a senior journalist in the Indian media."
Ravi Nar (or @Mediacrooks) began by talking about how mainstream media controls the public discourse in the country. Instead of reporting, there is direction and misdirection, he said. He showed how there is a decided process on the creation of TV news. How the news is packaged to deliver both overt and subliminal cues to the audience, based on the editorial slant of the channel.
In response to the comments made by the three panellists, Ms Subramaniam added her responses and ideas. She said, "Attitude of arrogance has brought joirnalism to this 'subprime' status and there is dire need to build institution of journalism".
Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam

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So CAG/Opposition/Media worked against the misrule & we have Modi government.
Let's all not collectively lose hope as Divine interventions have always come to rescue the humanity as per Mythology & as late as 2008 crash,relection of Obama too was lot of surprise for Republican's who were flush with moneybags.
There is an uncanny fact of the TRUTH that it stands alone & opposite to this is Falsehood requires great support but falls eventually.
Good Great Show Kudos to Moneylife team.
You do your Best & God will do the Rest. Jai Ho Vijayi Bhava Mahesh
To cite one example, NPS was introduced by GOI in certain circumstances. The only publication which dared to post my views on NPS was Moneylife.in Later on some publications in print media have published my articles on the subject. But, the mainstream media still opts to observe silence when it fears that the establishment may have problems if they publish certain views.
There was a time when I had sent an email to the Hindu (N. Ram was the editor) and not only did he not publish it (which is okay), but he made snide remarks about people writing emails to him and that he didn't need to be told how to do his job! All I had complained about was the glowing editorial they had about Jyoti Basu on his retirement. Imagine what would have happened to that editorial on twitter today? Everybody knows now how terrible Basu was for W.B. LOL!
thanks