MUMBAI: Indian equities markets made handsome gains on Wednesday with a key index closing over 520 points higher than its previous close.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 13,780.41 points, rose 520.41 points or 3.83% close at 14,109.64 points. The S&P CNX Nifty of the National Stock Exchange (NSE) followed the Sensex to end in the green, gaining 3.84% to close at 4,274.6 points. Broader market indices also closed higher, with the BSE midcap index ending trade 3.67% up, and the BSE smallcap index gaining 3.37%.
'TIMES OF INDIA'
Wednesday, 27 May 2009
Sunday, 24 May 2009
NEW INDIAN PASSPORT & VISA SERVICE CENTRES TO OPEN IN KUWAIT
PRESS RELEASE
New Indian Passport and Visa Service Centres to open in Kuwait
Effective Wednesday, 27 May 2009, collection and submission of Indian passport and visa applications and their delivery to applicants in Kuwait will take place only via two Indian Passport and Visa Service Centres located at the following addresses:
1. Emad Commercial Centre, Basement Floor, Ahmed Al Jaber Street, Sharq, Kuwait City. Telephone: 22470005. Telefax: 22470006.
2. Mujamma Unood, 4th floor, Office No. 25-26 Makka Street, Fahaheel, Kuwait. Telephone: 23912352. Telefax: 23912354.
Both Service Centres will function from 0800 hrs. to 1200 hrs. and 1600 hrs to 2000 hrs. from Sunday to Thursday, and from 1600 hrs. to 2000 hrs. on Saturdays. They will be closed on Fridays and major public holidays. Both Centres are located at venues that are regularly served by public transport and have free parking space available nearby.
An Indian Company, M/S BLS International Visa Services, will operate both Service Centres, which will also offer the following facilities: [a] Information desk; [b] Free distribution of passport and visa application forms; [c] Filling of passport and visa application forms [at nominal charge]; and [d] Photocopy facility [at nominal charge].
A service fee of KD 1.500 for Passport Services and KD 5.000 for Visa Services per application will be charged by M/S BLS International Visa Services, in addition to the Passport and Visa fees of the Government of India.
The website http://www.bls-international.com, which will be functional from Sunday, 24 May 2009, will provide details of all passport and visa services available at both Service Centres. A Consular representative of the Embassy of India, Kuwait, will initially be available at both locations in case of need for any clarification.
Applications for visas on Diplomatic/Official/Special passports as well as for issue of PIO/OCI cards and Emergency Certificates will continue to be accepted directly at the Embassy of India, Kuwait. Affidavit/Attestation services will also continue to be provided at Embassy of India, Kuwait.
Kuwait
May 21, 2009
New Indian Passport and Visa Service Centres to open in Kuwait
Effective Wednesday, 27 May 2009, collection and submission of Indian passport and visa applications and their delivery to applicants in Kuwait will take place only via two Indian Passport and Visa Service Centres located at the following addresses:
1. Emad Commercial Centre, Basement Floor, Ahmed Al Jaber Street, Sharq, Kuwait City. Telephone: 22470005. Telefax: 22470006.
2. Mujamma Unood, 4th floor, Office No. 25-26 Makka Street, Fahaheel, Kuwait. Telephone: 23912352. Telefax: 23912354.
Both Service Centres will function from 0800 hrs. to 1200 hrs. and 1600 hrs to 2000 hrs. from Sunday to Thursday, and from 1600 hrs. to 2000 hrs. on Saturdays. They will be closed on Fridays and major public holidays. Both Centres are located at venues that are regularly served by public transport and have free parking space available nearby.
An Indian Company, M/S BLS International Visa Services, will operate both Service Centres, which will also offer the following facilities: [a] Information desk; [b] Free distribution of passport and visa application forms; [c] Filling of passport and visa application forms [at nominal charge]; and [d] Photocopy facility [at nominal charge].
A service fee of KD 1.500 for Passport Services and KD 5.000 for Visa Services per application will be charged by M/S BLS International Visa Services, in addition to the Passport and Visa fees of the Government of India.
The website http://www.bls-international.com, which will be functional from Sunday, 24 May 2009, will provide details of all passport and visa services available at both Service Centres. A Consular representative of the Embassy of India, Kuwait, will initially be available at both locations in case of need for any clarification.
Applications for visas on Diplomatic/Official/Special passports as well as for issue of PIO/OCI cards and Emergency Certificates will continue to be accepted directly at the Embassy of India, Kuwait. Affidavit/Attestation services will also continue to be provided at Embassy of India, Kuwait.
Kuwait
May 21, 2009
Monday, 11 May 2009
ONLINE AFFIDAVIT FORMS, EMBASSY OF INDIA, KUWAIT
PRESS RELEASE
Online Affidavit Forms Upgraded
As part of upgradation of its consular services to the public, the Embassy of India is pleased to inform that updated Affidavit forms have been posted on the website of the Embassy at www.indembkwt.org. These Affidavit forms have the facility for online typing in of data in both English and Arabic, as may be required.
2. Applicants may now type in and complete an Affidavit form online, print it out on white, A-4 size paper, and submit it with the required documents/fees at the Embassy.
3. As in the past, the presence of the applicant at the Embassy is mandatory for all Affidavit/Attestation services, and the Indian Passport [in original] is to be brought along for most such services. Fees and other requirements remain unchanged - these are available alongside each Affidavit form on the Embassy of India website.
Kuwait 6 May 2009
Online Affidavit Forms Upgraded
As part of upgradation of its consular services to the public, the Embassy of India is pleased to inform that updated Affidavit forms have been posted on the website of the Embassy at www.indembkwt.org. These Affidavit forms have the facility for online typing in of data in both English and Arabic, as may be required.
2. Applicants may now type in and complete an Affidavit form online, print it out on white, A-4 size paper, and submit it with the required documents/fees at the Embassy.
3. As in the past, the presence of the applicant at the Embassy is mandatory for all Affidavit/Attestation services, and the Indian Passport [in original] is to be brought along for most such services. Fees and other requirements remain unchanged - these are available alongside each Affidavit form on the Embassy of India website.
Kuwait 6 May 2009
Friday, 13 March 2009
Time is money, professor proves
WARWICK, England (CNN) -- A mathematical formula calculated by a British university professor has found that time actually is money.
According to the equation, the average British minute is worth just over 10 pence (15 cents) to men and eight pence (12 cents) to women.
The formula is: V=(W((100-t)/100))/C, where V is the value of an hour, W is a person's hourly wage, t is the tax rate and C is the local cost of living.
It shows that there is no such thing as a free lunch or even a free dinner, while brushing your teeth for three minutes uses up 30 pence (45 cents) in "lost" time, and washing a car by hand has a hidden cost of £3 ($4.50).
Economics professor Ian Walker, of central England's Warwick University, says process can show people just how valuable their time is in relation to any task they have to perform, from a lie-in or cooking a meal to sleeping and working.
He says it also allows people to work out whether they are getting a fair rate for overtime, as well as helping them to decide whether it is worth spending extra cash to save time.
It can judge the financial cost of a takeaway against the time taken to cook dinner, or the relative benefits of using a taxi or saving with the bus.
In Britain, the formula means that an hour for a man on average earnings is worth £6.16 ($8.99), while the average woman's time is worth £4.87 ($7.10) per hour.
The study found that the typical cost of cooking dinner, including the value of time spent and the value of the ingredients, was £10.77 ($15.72) for men and £9.81 ($14.30) for women.
The average cost of ordering a take away meal was £5.01 ($7.31) for men and £4.96 ($7.24) for women.
Walker said: "This research is the first of its kind to take into account the overall picture of how highly our time is being valued.
"Traditionally, wages or salaries have given an indication of how we are valued at work, however, by looking at salaries against taxation, the cost of living and regional variations, we can see how much an hour of our time is worth whether at work or home.
"What this helps us understand is that as the value of our time rises, we are likely to buy more of it, which explains why people are paying to save time, like having someone to cut the lawn or clean the house."
According to the equation, the average British minute is worth just over 10 pence (15 cents) to men and eight pence (12 cents) to women.
The formula is: V=(W((100-t)/100))/C, where V is the value of an hour, W is a person's hourly wage, t is the tax rate and C is the local cost of living.
It shows that there is no such thing as a free lunch or even a free dinner, while brushing your teeth for three minutes uses up 30 pence (45 cents) in "lost" time, and washing a car by hand has a hidden cost of £3 ($4.50).
Economics professor Ian Walker, of central England's Warwick University, says process can show people just how valuable their time is in relation to any task they have to perform, from a lie-in or cooking a meal to sleeping and working.
He says it also allows people to work out whether they are getting a fair rate for overtime, as well as helping them to decide whether it is worth spending extra cash to save time.
It can judge the financial cost of a takeaway against the time taken to cook dinner, or the relative benefits of using a taxi or saving with the bus.
In Britain, the formula means that an hour for a man on average earnings is worth £6.16 ($8.99), while the average woman's time is worth £4.87 ($7.10) per hour.
The study found that the typical cost of cooking dinner, including the value of time spent and the value of the ingredients, was £10.77 ($15.72) for men and £9.81 ($14.30) for women.
The average cost of ordering a take away meal was £5.01 ($7.31) for men and £4.96 ($7.24) for women.
Walker said: "This research is the first of its kind to take into account the overall picture of how highly our time is being valued.
"Traditionally, wages or salaries have given an indication of how we are valued at work, however, by looking at salaries against taxation, the cost of living and regional variations, we can see how much an hour of our time is worth whether at work or home.
"What this helps us understand is that as the value of our time rises, we are likely to buy more of it, which explains why people are paying to save time, like having someone to cut the lawn or clean the house."
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