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I'm from India too and I have bought a few $0.99 domains from godaddy in past few months. Let me know if you're still looking for a domain and I can help you buy it for $0.99 or buy one for you. Email is in my profile.

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For now, it's available for INR 99. Time to buy one. Google "Godaddy", click on the Adwords Ad. Coupon will be applied.

If you have a credit card or an international debit card, you can switch currency on godaddy to USD and then it'll cost you about INR 70. ;)

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