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Diwali (or Deepavali, the  festival of lights ) is an ancient Hindu festival celebrated in autumn (northern hemisphere) every year. Diwali is the biggest and the brightest festival in India.he 14th (elsewhere known as Naraka Chaturdashi in South India and Choti Diwali in the North) is celebrated as Kali Choudas. The 15th (new moon day) is Lakshmi Puja, celebrated throughout India. The next day, the first day of Shukla Paksha of Kartik, is Bestu Varsh, New Year's Day, start of the Gujarati calendar.
Holi (pronunciation: /ËhoÊliË/ ; Sanskrit: à¤¹à¥à¤²à¥ HolÄ«) is a spring festival, also known as the festival of colours or the festival of love. It is an ancient Hindu religious festival which has become popular with non-Hindus in many parts of South Asia, as well as people of other communities outside Asia.oli is an important festival to Hindus. It is celebrated at the end of winter, on the last full moon day of the lunar month Phalgun (February/March), (Phalgun Purnima), which usually falls in March, sometimes in late February.