Key Points
More than a billion Hindus, Sikhs, Jains and Buddhists around the world are celebrating Diwali, the festival of lights.. . Diwali, also called Deepavali, is one of the biggest festivals in India..
Homes, businesses and public spaces are lit up with diyas, or oil lamps made from clay, and fireworks displays abound..
Others also honor Dhanvantari, the god of Ayurveda, and Yamaraj, the god of death, on this day.. . Choti Diwali, or Naraka Chaturdashi: The second day of Diwali marks Lord Krishnas defeat of the demon king Narakasura..
Diwali is largely observed by Hindus, Sikhs, Jains and Buddhists, but much like Christmas, the holiday transcends religion and is now celebrated by many people outside those traditions.. ..
Gambling during the holiday is considered auspicious, stemming from a legend in which the god Shiva and his consort Parvati play a dice game.. . Diwali also marks the start of the new Hindu financial year, and many businesses, traders and shopkeepers open new accounts books during the holiday.. . Naomi Canton contributed to this piece..
