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Spoke to US Secretary of State Marco Rubio this evening. I reiterated India’s strong protest at the attacks by the US Navy in the Gulf that killed three Indian mariners. Such lethal actions against commercial shipping are not justified.
ICAI has made a joke of its curriculum, its members and the students.
First one president removed 2 important subjects Costing & Law from CA finals, introduced IBS which is a joke in the name of a subject making it practically 5 subjects from 8 in finals.
Then another president introduced exams 3 times a year from 2 times a year.
One president declared 30 lac CA is needed & diluted the pass percentage to 15-30% in CA finals.
Then another president reversed exam frequency from 3 to again 2 times a year.
Now another president is aiming to bring back the curriculum to 8 subjects.
All this in the name of leaving footprint by each president.
Frequent overhauls like these create uncertainty for students, dilute consistency for members, and make the profession appear directionless. Earlier, ICAI reforms used to be gradual, long-term, and carefully thought through. Now, every new President seems eager to leave behind a “legacy move,” even if it means reversing the decisions of the previous term.
A professional course like CA cannot function on shifting philosophies every couple of years. Stability, consistency, and long-term vision matter far more than headline-grabbing reforms.
@KotakBankLtd recd this sms from your bank. But On my app no such transactions is there also i have not made any such transfer
Rs: 27,708.00 has been transferred to your account XXXXXXXXXX1580 on 11-Apr-2026. Please check with your bank for details. From Kotak Bank
ICAI ji,
This clarification only exposes a deeper problem—students are being evaluated based on undisclosed “examiner guidelines” that are never shared publicly.
•You expect students to follow criteria they are never informed about, and then justify mark deductions in the name of format and presentation. Interestingly NONE OF AS/INDAS SPECIFIES any FORMAT. THEN WHY SUCH DEDUCTIONS?
•Let’s be clear—this reflects a serious lack of transparency and accountability in the evaluation system.
•Students prepare based on declared syllabus, RTPs, and suggested answers, not on hidden marking schemes known only to examiners.
•Calling this “step-wise marking” while allowing such deductions is misleading, as marks are effectively reduced without prior disclosure.
•This creates scope for subjective interpretation, where different examiners may apply different standards to similar answers.
•If such deductions are truly part of the system, why are they not explicitly communicated in advance to all candidates?
•Without transparency, there is no way to ensure consistency across lakhs of answer sheets.
•Before advising students to improve presentation, ICAI should ensure its own evaluation process is clear, fair, and uniformly applied.
As it stands, this approach raises serious concerns about whether answer sheets are being assessed with the objectivity and rigor students deserve.
President Trump’s energy agenda has resulted in oil and gas production reaching the highest levels ever recorded.
To enable oil to keep flowing into the global market, the Treasury Department is issuing a temporary 30-day waiver to allow Indian refiners to purchase Russian oil. This deliberately short-term measure will not provide significant financial benefit to the Russian government as it only authorizes transactions involving oil already stranded at sea.
India is an essential partner of the United States, and we fully anticipate that New Delhi will ramp up purchases of U.S. oil. This stop-gap measure will alleviate pressure caused by Iran’s attempt to take global energy hostage.