India's main industrial output fell by 0.4% year-on-year in March. In March, steel production increased by 2.2% year-on-year, coal production fell by 4.0% year-on-year, crude oil production fell by 5.7% year-on-year, natural gas production increased by 6.4% year-on-year, petroleum refined product production increased by 0.1% year-on-year, fertilizer production fell by 24.6% year-on-year, and electricity production fell by 0.5% year-on-year.

Ruijie Financial: Raised the target price of BP (BP.N) from $52 to $55.

According to Japan Broadcasting Association NHK: After the earthquake in Japan, the tsunami warning level has been lowered from "alert" to "warning".

According to Japan's Kyodo News: Toyota Motor (TM.N) will cut overseas production by 38,000 units by November due to war concerns. Toyota will cut production in Asia and export to the Middle East market.

Market News: The U.S. State Department announced the suspension of all consular services in Iraq and stated that some forces in the Iraqi government are providing cover for "Iraqi terrorist militias allied with Iran."

Spanish Energy Minister: If energy companies have excess profits, it is fair to return them to consumers.