by Raj Kumar

Created on: May 10, 2009

We don't care who laid down the foundation of internet but its vast significance is very well known. When we were unfamiliar with internet, we were living in the world of islands. As soon as we tasted its flavor, it completely changed our life. We started to spend most of our time with this new partner. Let's discuss its advantages in which we and our modern routines are so involved that we ignore its side effect also.

First and most important impact made by the internet is in message e-mailing system. It has already saved and it's still protecting many trees and helped in preventing deforestations in many part of the world. Thus internet is helping in social and natural cause of human environment. Emails have reduced the distance among remote people and condensed the time difference to almost zero. You can send large and bulk quantities of messages to any corner of the world with no time. The response time of communication cycle has been reduced drastically which has increased the productivity and performance to unimaginable height.

Second most important impact of internet revolution changed the face of financial and monetary business. Working from home or any part of the world you can have access to your personal bank account which in turn can be managed at your pace. You can do online transactions and debit or credit desired fund just on few mouse clicks. Internet has made online dealings so flexible that it has introduced a form of automation in your life and saved valuable time and manual work load. We can't recollect and mention all the possible facilities it has provided. The count is endless. Like money transfer through net banking, foreign trade, stock exchange trading, online shopping, and easy online payments & receipts. Recently financial institutions are offering the flexibility to buy different types of insurance online, financial instruments like fixed bonds, loans; mutual fund policies & equity linked schemes are also available online.

With the help of networking, remote connection and webcam facility, internet has reduced the world map to great extent. It has widened the scope of human accessibility. It has explored the true meaning of globalization. It has brought different countries and time zones into a common platform. People working in multiple countries with huge time difference are able to overlap their individual days and nights with others to maximize productivity, quality and commitments. The result has been reflected

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