Earthquake in kashmir!!!!!!!!!!!!!!!

New Delhi North India, including Delhi, Himachal Pradesh and Kashmir, felt moderate tremors on Monday afternoon after a 5.7-magnitude earthquake hit the Hindukush region of Afghanistan. No loss of property or life had been reported, an official said. “An earthquake of 5.7 magnitude (on the Richter scale) jolted northern parts of the country at around 3.19 pm Monday,” an official of the India Meteorological Department said. Chennai The doctor who conducted the autopsy on the body of AM Sadhick Batcha, business associate of former telecom minister A Raja, has put in his papers. Dr V Dekal said on Monday that he submitted his resignation on March 3, two weeks before he conducted the post-mortem, and the step had nothing to do with the case.

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Japan’s insurance market leaves big gaps!!!!!!!!

Eqecat, a catastrophe-modeling firm, estimated Wednesday that the quake may trigger $12 billion to $25 billion of insured losses. Read about the latest tallies by the insurance industry.

Earlier in the week, Eqecat put the total economic cost of the disaster at $100 billion. The ultimate impact may be closer to $190 billion, according to Barclays Capital. See story on the economic impact here.

JAPAN IN CRISIS | MarketWatch Topic: Disasters
 
Japan's tragedy in 60 seconds: A week of devastation compressed into a single minute. 

Japan takes ‘first step’
to stem nuclear threat
Officials say they have taken a “good first step” to avert a full-scale nuclear calamity in Fukushima.
• Obama: Harmful radiation not likely in U.S. 
• Japan drops water on nuclear plant 
• No danger seen to U.S. from nuclear crisis

Quake cluster feared
Most experts believe giant earthquakes strike randomly. But others see linkage among them.

NEWS ANALYSIS AND MARKET REACTION
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• Disaster in Japan: Breaking News Blog

After natural disasters struck other countries in recent years, insurers have covered much bigger portions of total losses.

Hurricane Katrina, which struck the U.S. in 2005, caused total losses of $125 billion. Insured losses were $62.2 billion, almost half, according to the Insurance Information Institute, which represents the industry.

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Japan Earthquake – Ways to Help!!!!!!

Several organizations are offering support to help victims of the Japan Earthquake and Pacific Tsunami relief. Here are a few ways you can help:

• The American Red Cross is accepting donations for Japan Earthquake and Pacific Tsunami relief. Individuals can also text ‘REDCROSS’ to 90999 to donate $10 from their mobile phone.

• Save the Children is responding to the needs of children and families affected by the earthquake and its aftermath. Donations can be made to Save the Children’s Japan Earthquake Tsunami Children in Emergency Fund.

• International Medical Corps is responding to the health needs of the disaster’s victims.

• World Vision has announced mobilization in response to the earthquake and tsunami.

• NetHope, a collaboration of the world’s leading humanitarian response organizations is mobilizing efforts to support aid agencies responding in the region.......................

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