I am keen to watch movies online, is there any source to watch or download movies in no time?

I don't know about downloading movies but there is a website you can watch movies on called PutLocker: http://putlocker.is/featured/1

Good luck, hope it helps!

Well you can watch movies on youtube but these are my some favourite resources --

http://board.dailyflix.net/index.php?/forum/7-movies/

www2.zmovie.tw

Netflix, obviously. Hulu (if you pay for Hulu+ you have access to many films in the Criterion collection), Amazon Instant...just to name a few.