Emperor\/Empress of India ( Badishah-e-Hind in Hindustani ) was used as a title by the last Mughal emperor Bahadur Shah II , and also by the colonial British monarchs during the British Raj in India . Emperor\/Empress of India was used as a title by the last Mughal emperor Bahadur Shah II , and revived by the colonial British monarchs during the British Raj in India .