Airtel CallHome is also available in the UK, Canada and Singapore. So here is the 0.03 cents/sec billing rate details...
The $6.99 calling card, which includes an administration fee of $0.49, enables the customers to make calls at just 0.03 cents/sec with the $6.50 on the card. The calling card is valid for 30 days.
But the problem with this card is its validity. If you don't use the card in 30 days, your money is gone. So lets say if you make a call for 1 min that is 0.03 x 60 = 1.8 cents/min.
LocalPhone is also offering 1.8¢ Per Minute to India and it doesn't have any expiration dates. On top of that, you can use a setup with your regular phone to have a dedicated hotline for India calling.
And if you don't want to pay anything, you can also make free calls to india. So check out how to make free calls to India
Airtel Call Home Launches 0.03 Cents Per Second Rates
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