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Blue Machines AI unveils speech-to-text model built for India's BFSI sector
Blue Machines AI has launched Aurora, a new speech-to-text model for Indian financial services. This model is designed for real-time multilingual financial conversations across India. Aurora boasts low error rates for English, Hindi, and mixed-language financial discussions. It recognises specific financial terms and numbers crucial for banking operations.
Best German proverb of the day: “He who does not value the penny is not worthy of the dollar” a life lesson on appreciating small things
Best German Proverb of the Day: “He who does not value the penny is not worthy of the dollar” teaches that small amounts, efforts and opportunities should not be dismissed when pursuing greater goals. The German proverb highlights the importance of appreciating modest gains, practising responsibility and understanding that larger achievements are often built from smaller steps.
Best German proverb of the day: “He who digs a pit for others falls into it himself” a life lesson on the consequences of wrongdoing
Best German Proverb of the Day: “He who digs a pit for others falls into it himself” warns that attempts to harm, deceive or undermine others can eventually backfire. The German proverb uses the image of someone preparing a trap for another person only to fall into it themselves, offering a timeless lesson about actions, consequences and the risks of malicious intentions.
German Proverb of the Day: “He who has the damage needs not worry about the mockery.” A lesson on misfortune
German Proverb of the Day: “The laugh is always on the loser” describes how people facing misfortune may also become targets of mockery. The proverb highlights the uncomfortable reality that mistakes, losses and embarrassing situations can attract ridicule from others. Through its ironic wording, it reflects on human behaviour while also inviting consideration of how people respond when someone else experiences a setback.
Best German proverb of the day: "Life punishes those who arrive too late" A life lesson on seizing opportunities
Best German proverb of the day: A German proverb teaches that delaying action leads to missed opportunities and regret. Opportunities are often time-sensitive, requiring prompt decisions and adaptability. Hesitation can result in losing valuable chances that may never return again. The saying encourages thoughtful action without unnecessary delay and fear. This timeless lesson on valuing time remains highly relevant today.
German Proverb of the Day: “He who doesn’t dare, doesn’t...” — Why stepping out of your comfort zone matters
Success often requires courage and stepping outside comfort zones. Taking chances is essential for career and personal development. Entrepreneurship inherently involves uncertainty and the need for boldness. Smart risks, backed by preparation, increase the likelihood of achievement. Growth begins when individuals challenge routine and embrace uncertainty.
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Microsoft launches 3 AI models for transcription, image, and speech generation
Through these three models — MAI-Transcribe-1, MAI-Voice-1, and MAI-Image-2 — Microsoft aims to expand its push into multimodal AI capabilities for developers. The models are also being integrated into Microsoft products, including Copilot, Bing, and PowerPoint, with enterprise adoption already underway
Global speech AI struggles to understand India: Report
Leading systems from OpenAI and Microsoft perform poorly. Sarvam models lead in Indian language recognition. This performance gap impacts digital inclusion for millions. The benchmark evaluates real-world speech, including code-switching and regional variations.
Nifty’s intermediate resistance seen at 10,200-10,300 zone
Market wide OI is down significantly from the peaks, indicating the weak hands are out of the market.
Yamaha launches an updated version of its superbike YZF-R1 at Rs 20.73 lakh
Powered by a 998-cc engine, the bike can develop a peak power of 200 HP.
Zone Startups launches second edition of 'empoWer' for women entrepreneurs
empoWer 2.0 will shortlist 15 women entrepreneurs for a 6-week program where participants will get access to mentoring, workshops, peer and investor network as also business development opportunities.
Microsoft's speech recognition system achieves new milestone
San Francisco, Aug 21 (IANS) Microsofts conversational speech recognition system -- designed to accurately recognises the words in a conversation like humans do -- has reached a 5.1 per cent error rate, its lowest so far.
Chef Mohanad Alshamali’s dressing is as sharp as some of the knives he owns
These days, I have been looking for colours that suit my personality.
Accelerator program launched to support international startups in India
Earlier this month, Zone Startups hosted some of Canadian FinTech startups as a part of this endeavor and showcased them to industry partners.
A first: Desi fuel to power high-end cars in Bengaluru
State-run Hindustan Petroleum Corporation will launch 'poWer 99' fuel in Bengaluru on a pilot basis. This will be extended to other metros and rest of the country in the coming weeks.
Zone Startups launches Gateway91
This is the fourth such program launched by Zone Startups this year, including, empoWer, Rise Accelerator with Barclays and Thought Factory Accelerator with Axis Bank.
Banks say no to long-term funds
This also reflects a dip in demand for long-term loans for infrastructure projects like power plants or ports, which require funding for anywhere between seven and twelve years.
'Buy power, help us pay cane farmers'
The KERC, last month, fixed Rs 4.67 as the tariff payable for the short-term power the utilities bought from private generators, including sugar mills, for the period between Sep 2015 and May 2016.
With prices at Rs 1,000 a kg, illegal Guatemalan cardamom sneaks in
A bumper crop last year has ensured that the daily cardamom auctions in Kerala and Tamil Nadu haven't stopped despite a drought before monsoon damaging the crop and delaying the harvest season in Kerala.
Black money crackdown: Government to rope in celebs to boost income disclosure scheme
Sources said the govt is launching regional campaigns, initially in Tamil and Telugu, to advocate the merits of the scheme meant to suck out black money from the system.
Actor Hrithik Roshan was at Turkey airport hours before terror attack
Hrithik was on his way back to India from Africa when he missed his connecting flight at the airport.
Zone Startups India launches accelerator empoWer for women
Post the six-week programme, Zone Startups plans to provide the woman entrepreneurs continued support for up to a year.
Water crisis in Marathwada worsens as 7 dams dry up
Marathwada has 11 big dams in all. The Jaikwadi one is the largest, with an irrigation potential of 2.37 lakh hectares and storage capacity of 2,171 million cubic litres.
Government wants PF cover in 10-worker units
The pro-worker move was approved by Central Board of Trustees during UPA's tenure, but it could not be implemented.
Delhi Metro removes more carbon than it adds, says DMRC
Anuj Dayal said that the revenue that DMRC was earning from the sale of carbon credits was the first of their kind in the world for the transport sector.
NABARD sanctions Rs 740 crore to RRBs
The total disbursement of the bank that stood for providing and regulating credit for promotion and development of agriculture during 2009-10 crossed Rs 2,560 crore.
600 fishermen from Goa, Guj missing or stranded in Arabian sea
Around 600 fishermen from Gujarat and Goa were on Wednesday missing or stranded off the Western Coast afer the sea became rough in the cyclonic storm, as Coast guard and Navy deployed ships and aircraft for search and rescue missions.
Auto stocks gain on Feb sales rise
Auto stocks managed to buck the overall negative trend on the back of a surprise rise in February sales. BSE Auto was the only sectoral index trading marginally in the green. The benchmark Sensex is down over 2% or 174 points at 174.
No taxes on cos promoting overseas institutes
Providing a big relief to Indian companies that conduct examination and remit fees to foreign institutions, Authority for Advance Ruling has ruled they will not be required to pay taxes here.
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