The name Diwali is itself a contraction of the word "Deepavali" , which translates into row of lamps. Diwali involves the lighting of small clay lamps (divas) filled with oil to signify the triumph of good over evil. During Diwali, all the celebrants wear new clothes and share sweets and snacks with family members and friends. Most Indian business communities begin the financial year on the first day of Diwali.
Diwali
Also called-Translation: Row of Lights; Deepavali, Festival of Lights
Observed by-Religiously by Hindus and Jains. Other Indians celebrate the cultural aspects.
Type-Religious, India, Nepal, Guyana, Trinidad & Tobago, Mauritius, Malaysia, Singapore, Sri Lanka, Myanmar , Fiji and Suriname (National holiday in these countries)
Significance-Celebration of the victory of good over evil; the uplifting of spiritual darkness.
Date-Decided by the lunar calendar
2010 date-5th November
2011 date-26th October(these dates may be subject to change according to the position of the moon)
Celebrations-Decorating homes with lights, Fireworks, distributing sweets and gifts.
Observances-Prayers, Religious rituals .