Orkut has rolled out a New! feature as part of its brand new version which allows users to Import their albums and photos directly from Picasa Web Albums to Orkut - Photos. (If you haven’t heard about Picasa Web Albums yet, the free and easy photo sharing web site from Google, you should definitely give it a try!)
When you visit your Orkut - photos you will find a new option that says add from picasa besides each of your albums using which you can directly add your photos from Picasa Web Albums to your Orkut album. 
To get started, just click on add from picasa option and you'll get a pop-up to select the images you want to add from your picasa web albums and share with your Orkut friends.
Also you can use the option import from picasa at the top to create a new album adding your favorite photos from Picasa Web Albums.
This new feature is definitely useful and a time-saver to Orkut users as they can directly share some their favorite photos on Picasa Web Albums with their friends on Orkut and that too with just a few clicks of the mouse. I consider this update from Orkut as a major step in the right direction to make the life of Orkut users much easier!
Picasa Web Albums to Orkut Photos
When you visit your Orkut - photos you will find a new option that says add from picasa besides each of your albums using which you can directly add your photos from Picasa Web Albums to your Orkut album. 
To get started, just click on add from picasa option and you'll get a pop-up to select the images you want to add from your picasa web albums and share with your Orkut friends.
Select images from Picasa Web Albums
Also you can use the option import from picasa at the top to create a new album adding your favorite photos from Picasa Web Albums.
Import your photos and albums from Picasa
This new feature is definitely useful and a time-saver to Orkut users as they can directly share some their favorite photos on Picasa Web Albums with their friends on Orkut and that too with just a few clicks of the mouse. I consider this update from Orkut as a major step in the right direction to make the life of Orkut users much easier!
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I have certainly heard about Picassa and seen pictures of my friends there.This is definitely a big news for all Orkut users and will certainly make life easier too.As you rightly pointed out-"it's a step in the right direction".Thanks for elaborating the details.Look forward to hearing from you soon again.
your blog is very informative.I like to read your blog. Just keep it like this!!
Nice guide mate, Is there any way we can import from Picasa to Facebook, as they are from two different networks.
@Ramkumar
Thanks and nice to hear from you. Yah, Facebook isn't a part of Google naa so I don't think there is an inbuilt options to import from Picasa web albums to Facebook. Lets hope for the best and who knows they even can seal a deal one day.
@Ramkumar
hey there is a way we can quickly upload photos from Picasa to Facebook. Here is how it can be done:
1) First download Picasa 3 @ http://picasa.google.com/ and install it.
2) Then install "Picasa Uploader on Facebook" plugin from http://apps.facebook.com/picasauploader/ and add new Facebook button to your Picasa to start uploading and sharing your photos using Picasa.
Follow the above link where you can find step-by-step usage Instructions of this plugin.
Thanks for sharing this. I was not aware from this fact of picasa and orkut but now i got this
Picasa is a very useful photo product. I'll check out the orkut software and let you know what i think.
Nice post! It was well explained. Thanks for sharing with us.