Petrol, desel prices touch fresh record highs on June 20. Check latest rates in your city

New Delhi: Fuel prices touched fresh record highs on Sunday as rates were hiked for the eleventh time this month. Note that petrol, diesel prices have been on an upwards trajectory for nearly 50 days now. After today's price revision, petrol got costlier by 29 paise, while diesel rose by 27 paise in the national capital.

According to price notification by the oil retailers, the latest revision took the cost of petrol in Delhi to Rs 97.22 per litre while diesel is currently retailing at Rs 87.97. In economic capital Mumbai, petrol is being sold at Rs 103.36 per litre, whereas diesel has reached Rs 95.44 per litre.

After latest price hike, Bihar's capital Patna is on the verge of joining the list of state capitals where petrol has crossed the Rs 100-mark. A litre of petrol is priced at Rs 99.28 in the city currently, while diesel is retailing at Rs 93.30. Last month, Bhopal had become the first state capital to breach the Rs 100-mark in petrol prices. It was followed by Jaipur and then Mumbai. Hyderabad and Bengaluru also joined the cities in the week gone by.

At the moment, petrol is being sold at over Rs 100 in eight states and union territories -- Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana, Karnataka, Jammu and Kashmir and Ladakh. 

Petrol, diesel rates today in key cities:

Sri Ganganagar district of Rajasthan near the India-Pakistan border was the first place in the country to see petrol hitting Rs 100 a litre mark in mid-February. Last week, it also became the first city where diesel breached Rs 100 mark. Currently, a litre of petrol is being sold at Rs 108.37 in the small city while diesel is retailing at Rs 101.12.

It is worth adding that the difference in fuel prices in states occurs on account of local taxes like VAT or freight charges. Rajasthan levies the highest VAT on petrol and diesel in the country, followed by Madhya Pradesh, Maharashtra, Andhra Pradesh and Telangana.

The central and state taxes make up for 60% of the retail selling price of petrol and over 54% of diesel. Centre levies Rs 32.90 per litre of excise duty on petrol and Rs 31.80 a litre on diesel.

Petrol, diesel prices hurting industry, time for a rate cut: CII president

Newly elected president and managing director of Tata Steel TV Narendran on Saturday said that petrol and diesel prices are hurting industries and it is the right time to cut down prices to give relief to the common man as well as industries.

Speaking to ANI, Narendran said, "The government has increased taxes on petrol-diesel for the last 3-4 years. Now Centre and State governments should come forward to provide relief to the people and industry of the country. Centre and State governments should discuss and come forward with some balance for rate cut in diesel and petrol."