Here are the top stories this evening:

Twitter in final phase of negotiations on sale to Elon Musk: Reports

Social media giant Twitter is in the final stretch of negotiations about its sale to Tesla founder Elon Musk and could reach a deal later on Monday, reports said on April 25.

Indonesian move to halt palm oil export raises edible oil prices in India

The top global palm oil producer Indonesia’s plan to halt the export of the commodity from April 28 is heating up edible oil prices in the country. The prospect of a plunge in the largest imported edible oil to India is leading to a spike in prices of other edible oils as well.

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Taking Stock | Market extends losses on Beijing lockdown fears, Nifty ends below 17,000

The Indian equity market fell for the second consecutive day on April 25, dragging the Nifty below 17,000 on weak global cues, including Beijing lockdown fears amid rising COVID-19 cases. At close, the Sensex was down 617.26 points or 1.08% at 56,579.89, and the Nifty was down 218 points or 1.27% at 16,954.

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Government to fast-track asset monetisation as disinvestment plan flounders

The government is looking to fast-track asset monetisation and a meeting of a core group of secretaries, led by the cabinet secretary, has been called on April 29, sources have said. The move comes as the disinvestment plan takes a hit, with the privatisation of Bharat Petroleum Corporation of India (BPCL) on hold.