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of <h1>RBI Updates Foreign Exchange Regulations: New Investment Caps for Natural Gas, Oil Exploration, and Air Transport Services.</h1> The Reserve Bank of India issued amendments to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000. Effective upon publication, these amendments include the deletion and renumbering of items in Annexure A to Schedule 1, and the addition of 'Natural Gas/LNG Pipelines.' In Annexure B to Schedule 1, new sub-items for petroleum product marketing, oil exploration, and petroleum product pipelines are introduced, each with a 100% investment cap under specific government policies. Additionally, for Air Transport Services (Domestic Airlines), 100% investment is allowed for NRIs and 49% for others, excluding foreign airlines.
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