Model:

FMI (Hirlam Model from finnish meteorological institute)

Updated:
4 times per day, from 08:00, 14:00, 20:00, and 00:00 UTC
Greenwich Mean Time:
12:00 UTC = 17:00 IST
Resolution:
0.068025° x 0.068025°
Parameter:
Vertical velocity at 500 hPa in hPa/h
Description:
The vertical movement of air is associated with cloud formation, precipitation, type of precipitation (negative velocity or rising air motion) or the reduction of clouds, dry an sunny weather (positive velocity or falling air motion). The vertical velocity is the result of vorticity advection and temperature advection.
FMI:
FMI
At the Finnish Meteorological Institute, results from several numerical weather prediction models are utilized. Most of all, these include products from the European Centre of Medium Range Forecasts (ECMWF), located in Reading in the United Kingdom. For shorter range forecasts, more detailed forecasts are produced in-house using a limited area models (LAMs) called HIRLAM and HARMONIE, which are being developed by FMI as an international co-operation programme with a number of European countries.
NWP:
Numerical weather prediction uses current weather conditions as input into mathematical models of the atmosphere to predict the weather. Although the first efforts to accomplish this were done in the 1920s, it wasn't until the advent of the computer and computer simulation that it was feasible to do in real-time. Manipulating the huge datasets and performing the complex calculations necessary to do this on a resolution fine enough to make the results useful requires the use of some of the most powerful supercomputers in the world. A number of forecast models, both global and regional in scale, are run to help create forecasts for nations worldwide. Use of model ensemble forecasts helps to define the forecast uncertainty and extend weather forecasting farther into the future than would otherwise be possible.

Wikipedia, Numerical weather prediction, http://en.wikipedia.org/wiki/Numerical_weather_prediction(as of Feb. 9, 2010, 20:50 UTC).