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Foreign investment in insurance sector booms

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India's Minister of State for Commerce and Industry Nirmala Sitharaman has said that foreign direct investment in the country's insurance sector more than doubled to $341 million during March-September period in 2015, reports Firstpost citing the Press Trust of India.

The insurance sector received FDI worth $135.3 million during the corresponding year ago period, added Ms. Sitharaman.

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