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Where do I go to register a domain name? Is there more than one registry and is one better than another?

I have taken some courses in web design. Does it help to design the domain before selling to gain more profit?

Are there any legal issues with setting up and selling a .in domain that I need to be aware of?

What kind of profits can you make when you are re-selling the domain names that you choose? Is it a high profit business that is worth the investment?

What kind of standards do you use when trying to choose the right domain name? I have heard that everyday words are a good start when choosing domain names, but I don't have much more information than that. I was just wondering what kind of criteria others use.

What is the best place to go to for hosting for your domain?

What is the best practice to get a domain name registered and sell it? I am new to this and I want to see if it would be worth the effort involved.