Have seen ResellerClub's shared hosting plan to be one of the cheapest and most efficient. They are starting off at just INR 160 per month which is a steal if you ask me for all the resources they provide.
You can manage your site via cPanel and also get unlimited disk space and extend it if you like to. Their shared plans are best for new sites and the critical part is that they have 99.99% uptime. So, that is a good sign for those who are looking for constant uptime.
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