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Foreign investment in insurance sector booms


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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