Recently I found out a very cheap VOIP service for calling India, its called Xeloq (http://www.xeloq.com/). Here you have to purchase a prepaid card for EUR 12.5, 25 ..... , they will deduct 5% service fee if you use credit card. The calling rates are really cheap (.041 EUR/min).
Some highlights :
1. Best part, it totally uses data connection ( if using on mobile GPRS, 3G..)
2. I have nokia E61i, hence I have configured the SIP settings to use this service.
3. They have per second billing, so if your call ends in 10 sec. you pay just Rs 0.50 :)
4. Xeloq provides a software which you can install on you pc and make calls thru net.
-Abhi
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