ICANN announces unlimited first level domains:

As a regular user of the internet you might have sometimes wondered why we have only a few domain extensions (ex:, dot com, dot net, dot org, dot in etc). And why cant we have them of our own. Why can’t we create a domain extension like dot India, it would have been better if every Indian had a domain with his/her name like Imran(dot)India. This would have been so awesome. But this dream is not far from reality.