Wednesday, 9 September 2015

SBI and ICICI - Why are some banks more important than others?

The Reserve Bank of India has named State Bank of India, the country’s biggest public-sector bank and ICICI, the largest private sector bank as Systemically Important Banks (SIB) in India. The designation implies that SBI and ICICI are Too Big To Fail (TBTF). This means the survival of both banks is critical for the stability of the financial system and the economy as a whole.

https://in.finance.yahoo.com/news/why-banks-more-important-others-051018955.html

Monday, 7 September 2015

Talk - Making people with Developmental Disabilities talk using their breath

Current AAC Devices cost thousands of dollars and are slow, bulky and not generic. Talk has made two major breakthroughs by increasing speaking rate and becoming the world's most affordable AAC device.

Talk expects a person to be able to give two distinguishable exhales (by varying intensity/time) for converting into electrical signals using MEMS Microphone. 

 It is quite Light and Portable being just 10x6x2 cm in dimensions and weighs not more than a regular smartphone. On a single charge it runs for more than 2 days and is quite comfortable to wear. It takes only 0.8sec to dictate the letter 'A' and 0.4sec for the letter 'E' using Talk, making it the fastest AAC device in the world. Talk can be made available at less than $100, making it the most affordable. With an accuracy of almost 100% and innovative features - 9 voices (male/female) for different age groups, 2 modes (communication/command-phrases) and encoding there is nothing which can compete with features of the device. Talk uses Breath as the medium of interaction between the user and device.

https://www.googlesciencefair.com/projects/en/2014/dde56de014edae3e9516ac84d426641f372ba076d6f6b60a4809306f43b58bc6