Mumbai, Oct 5: Police imposed section 144 of the Criminal Procedure Code in Aarey Colony and surrounding areas on Saturday, banning unlawful assembly, following strong protests by activists against the felling of trees in the green zone for a Metro car shed, an official said.

Police have booked 38 protesters under various sections of the IPC since late Friday night, the official said. Another official said over 60 people protesting against the felling of trees have been detained.

The Mumbai Metro Rail Corporation Ltd (MMRCL) started hacking trees late Friday night to make way for the car shed, hours after the Bombay High Court dismissed four pleas filed by NGOs and activists challenging the decision to allow felling of trees in the prime green lung of the city.

As the MMRCL started cutting trees, hundreds of green activists held protests and tried to stop the action.

"We have imposed section 144 of the CrPC in Aarey Colony, Goregaon check post and surrounding areas," the Mumbai police spokesperson said.

As of now, at least 38 protesters have been booked under section 353 (assault or criminal force to deter public servant from discharge of his duty), 332 (voluntarily causing hurt to deter public servant from his duty), 143 (unlawful assembly) and 149 (every member of unlawful assembly guilty of offence committed in prosecution of common object), he said.

Hundreds of people gathered at the site of the proposed car shed after they were informed that trees were being axed by authorities late Friday night.

However, police started dispersing the crowd and had to forcibly remove the protesters, the official said.

When the situation worsened, police started taking protesters into custody.

Around 60 protesters were detained by Aarey police, he added.

Police have cordoned off the area and people are not allowed to enter the locality.

Additional police personnel were called in to prevent untoward incidents, the official said.

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Mumbai (PTI): The Reserve Bank on Wednesday expectedly kept interest rates unchanged amid hopes of a global recovery on the back of ceasefire in the six-week-long US/Israel-Iran conflict.

The policy decision comes as a month and a-half-long West Asia conflict has disrupted energy supplies, shot up crude oil prices and created fiscal and inflationary pressures for import-dependent nations like India.

This is the first monetary policy review after the government announced a fresh inflation target for the RBI last month. The government has asked the RBI to maintain retail inflation at 4 per cent with a margin of 2 per cent on either side for another five years ending March 2031.

Announcing the first bi-monthly monetary policy for the current fiscal, RBI Governor Sanjay Malhotra said the Monetary Policy Committee (MPC) has unanimously decided to retain short-term lending rate or repo rate at 5.25 per cent with a neutral stance.

The rate cut pause comes on the back of the consumer price index (CPI) based headline retail inflation that moved closer to the RBI's medium-term target of 4 per cent at 3.21 per cent in February.

Additionally, the rupee has depreciated by over 4 per cent since the war, which has consequences for pushing up import inflation.

However, the rupee has appreciated by 50 paise to 92.56 against US dollar following announcement of the ceasefire by the US and Iran.

Based on the recommendation of the MPC, the RBI reduced the repo rate by 25 bps each in February, April, and December 2025 and 50 basis points in June amidst easing retail inflation.

India's retail inflation dropped to a historic low of 0.25 per cent in October 2025, marking the lowest level since the Consumer Price Index (CPI) series was introduced.

However, the rupee declined to historic low and crossed 95 against a dollar last month making imports costlier, raising fears of rise in inflation. Rupee touched a record low of 95.21 on March 30, 2026.