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ISLAMABAD: The net revenue collections by the Federal Board of Revenue (FBR) recorded increase of 11.4 percent during Fiscal year 2017-18 as compared to the corresponding period of last year, however the board fell short of collection target during the fiscal year. The Federal Board of Revenue collected revenues of Rs3751 billion during fiscal year 2017-18 against the collection of Rs3368 billion during FY 2016-17, according to provisional figures released by the board here on Monday. The collection excludes the…

PARIS: The world had 10 times as many obese children and teenagers last year than in 1975, but underweight kids still outnumbered them, a study said Wednesday. Warning of a "double burden" of malnutrition, researchers said the rate of increase in obesity far outstripped the decline in under-nutrition. "If post-2000 trends continue, child and adolescent obesity is expected to surpass moderate and severe underweight by 2022," researchers wrote in The Lancet medical journal. The team found that there were 74 million…

LONDON: Investors are being poorly served by a haphazard approach from fund managers to the growing threat of cyber crime damaging the companies in which they invest, with a lack of clarity from the businesses themselves compounding the problem.