Islamabad, May 2, 2025 — The Pakistan Meteorological Department (PMD) has forecast widespread thundershowers across Punjab on Saturday, May 3, 2025, warning of possible hailstorms and localized heavy rainfall in several areas.
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Pakistan’s trade deficit soars 55% year-on-year in April 2025
Islamabad, May 2, 2025 — Pakistan has reported a steep year-on-year rise in its trade deficit, which surged by 55% in April 2025, highlighting growing concerns over the country’s external trade balance.
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Water shortage halts industrial production in Karachi: SAI
KARACHI, May 2, 2025 – Ahmed Azeem Alvi, President of the SITE Association of Industry (SAI), has raised a serious alarm over the ongoing water crisis in Karachi’s key industrial zone. He revealed that factories in the SITE area have not received a drop of water in the last two weeks, leading to a near-complete shutdown of industrial activity.
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Gold prices in Pakistan drop amid global market volatility
Karachi, May 2, 2025 – Gold prices in Pakistan dropped sharply by Rs1,300 per Tola on Friday, following a softening trend in global bullion markets.
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Pakistan urges Saudi Arabia to help de-escalate regional tensions
Islamabad, May 2, 2025 — Prime Minister Shehbaz Sharif on Friday urged Saudi Arabia and other friendly nations to play a constructive role in encouraging India to de-escalate tensions in South Asia. The prime minister reaffirmed Pakistan’s commitment to regional peace and stability during a high-level meeting with Saudi Arabia’s ambassador to Pakistan, Nawaf bin Saeed Al-Maliky, at the Prime Minister’s House.
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Aurangzeb reassures OICCI on inclusion of budget proposals
Karachi, May 2, 2025 – Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has assured the Overseas Investors Chamber of Commerce and Industry (OICCI) that their budget recommendations will be given serious consideration during the upcoming budget formulation process.
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PKR vs USD, May 2, 2025: rupee dips slightly against dollar
Karachi, May 2, 2025 – The Pakistani rupee recorded a marginal decline against the US dollar on Friday, slipping by 9 paisas as the interbank foreign exchange market resumed operations following the Labor Day holiday.
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SBP releases foreign currency rates for May 2, 2025
On May 2, 2025, the State Bank of Pakistan (SBP) announced the official foreign exchange rates for customers. These rates, based on the weighted averages of commercial banks, act as a key reference for cross-border transactions, facilitating international trade and commerce.
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Bangladesh to tour UAE for two-match T20I series
Bangladesh are gearing up for a busy international season with a scheduled tour to the United Arab Emirates (UAE) later this month.
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Sarah Ferguson reflects on Buckingham Palace visit and summit
Sarah Ferguson, the Duchess of York, recently took to social media to share a heartfelt and empowering message following a special invitation from King Charles.
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