What is the significance of Diwali in Indian culture?

Diwali, also known as the Festival of Lights, holds great significance in Indian culture as it symbolizes the victory of light over darkness and good over evil. It is a time for families to come together, exchange gifts, and celebrate with fireworks and colorful decorations. Diwali also marks the start of the Hindu New Year and is a time for reflection, renewal, and the worship of deities.