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Business News Today: Latest Business News, Finance News

Markets’ dilemma: Trust the bark or wag of oil prices The sector call illusion Bandu’s Blockbusters For April 12, 2026 Mastering Derivatives: Does Lag Impact Effectiveness Of OI? Who Am I? April 12, 2026 Index Outlook: Rising From Dire Straits US Market Outlook: Gaining Strength Bullion Cues: Gold And Silver Futures Face Barrier F&O Tracker: Tentative Shift In Trend F&O Strategy: Buy L&T Put Maruti Suzuki to launch 4 EVs by 2031 India Inc flags surge in cost of packaging raw material, seeks relief measures India-flagged LPG tanker Jag Vikram crosses Strait of Hormuz after US-Iran ceasefire Muted pricing power, rising costs to curb benefits of demand in cement sector: HDFC Securities Iran's new supreme leader Mojtaba Khamenei has severe and disfiguring wounds, sources say No road tax, registration fees for electric vehicles priced up to ₹30 lakh till March 2030: Delhi’s draft EV policy Central Railway to run four special local trains for Ambedkar Jayanti West Asia tensions push up costs for India; further impact hinges on stability: Report ED initiates fresh raids against former Bengal minister Chatterjee in teacher recruitment scam Election Commission reverses Mittal’s DVAC posting, appoints him DGP, TN Armed Police Israel and Lebanon are expected to hold talks. Here’s what to know US, Iran set for peace talks but doubts emerge over Lebanon, sanctions Cotton Association revises output estimates for 2025-26 up at 324 lakh bales of 170 kg each Orbicular gets USFDA’s tentative nod for generic Semaglutide Injection in partnership with Apotex Malls, high-streets in NCR clock 45% rise in leasing of retail spaces in Jan-Mar: C&W FIIs pull ₹28,375 crore in five sessions; domestic buyers cushion fall as indices post best week in months Nifty and Bank Nifty Prediction for the week 13 Apr’26 to 17 Apr’26 by BL GURU Proposed Trump arch in Washington DC includes winged figure, eagles, lions and gold inscriptions 'Ladakh' replaces 'Jammu and Kashmir' in Aadhaar records for UT residents Misri ends US trip with focus on civil nuclear cooperation and LPG exports
ParvAI: ‘Windows to the soul’ and workplace safety
By K Bharat Kumar · 2026-05-04 · via Business News Today: Latest Business News, Finance News
LOOK SHARP. To help heavy machinery operators guard against fatigue, ParvAI sensors monitor their eye condition and movements

LOOK SHARP. To help heavy machinery operators guard against fatigue, ParvAI sensors monitor their eye condition and movements

Eyes are windows to the soul — this ancient poetic thought is moving from the realm of philosophy to precise science, inside the IIT-Madras Research Park.

ParvAI, an AI-driven eye-tracking venture, is helping companies differentiate between a routine operation and a catastrophic accident.

Founded by Prof Raj Srinivasan and Prof Babji Srinivasan, faculty members at IIT-Madras, ParvAI (parvai in Tamil means sight) may be only four years old but the technology’s roots stretch back over a decade to a research challenge thrown by the Department of Atomic Energy.

Today, ParvAI services customers in nuclear safety, logistics and, potentially, soon in paediatric healthcare.

“The idea is that we can understand what people are thinking by looking at their eyes,” explains Prof Raj Srinivasan. Combining the use of precision cameras, algorithms and geometry, ParvAI’s systems infer the precise area on which an operator’s attention is focused.

In the control room of a nuclear power plant, for example, when something goes wrong, it can be a time of extreme stress for the operators. ParvAI’s technology monitors operators to ensure they aren’t suffering from “attention tunnelling”, a psychological condition where a person becomes so focused on one task or alert that they miss a more important alarm elsewhere.

The technology’s uses are many. On the hot and humid coasts of India, crane operators at ports work in airless cabins under the sweltering sun, loading and unloading huge containers. To help the operators guard against fatigue, ParvAI’s sensors monitor the dilation of pupils or look for a change in the blink rate that signals the onset of sleepiness or inability to process an overload of information. This sets off an alarm before a container can slip and fall.

In logistics, the company also helps clients monitor warehouse equipment and fleet drivers. “If an Uber driver is reversing but looking through the front windshield, they aren’t doing things correctly,” says Srinivasan. “Our AI doesn’t just track the eye; it also ensures the person’s behaviour is commensurate with his or her task.”

Mental health screening

ParvAI is working on a product to help evaluate paediatric mental health. Srinivasan says India has too few doctors. To help diagnose developmental disorders in children, ParvAI is developing a tablet-based screening tool for primary health centres (PHCs).

By having a child play a simple game on a tablet, the system tracks its gaze and facial expressions to determine if its cognitive development is on track for its age. This enables a preliminary diagnosis within minutes, helping refer to specialists children who show a deviation from normal behaviour.

The company has received patents for its technology in India and the US, and is awaiting a European patent.

It has also designed a product for the media industry. Similar to the soundbar-like device placed on top of a television, the gadget can help broadcasters gauge the viewer’s level of engagement with an advertisement or show. Current rating systems offer broad estimates, but ParvAI’s tech can highlight whether viewers are actually looking at the screen or if they have turned to their phones or talking to others in the room.

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Published on May 4, 2026