Buylr.in is trusted service I have bought LR from them 4-5 times .
The Buylr.in site now shows that the site is temporarily closed.
TradeHill now now allows INR banking transactions. Deposit Rupees to TradeHill from any bank in India. Withdraw INR from TradeHill to any bank in India.
The INR market on TradeHill is pretty thin yet, but that will likely change once a lilttle more INR volume appears making it attractive to Bitcon traders who perform arbitrage.
With PayPal now forcing all transactions in India into the banking system, Bitcoin and Liberty Reserve are about the only online payment methods where funds received can then be used for spending right away:
See for more on that: