THE religious significance of Diwali varies depending on the school of Hindu philosophy, regional and legends. Diwali is the celebration of this inner light over spiritual darkness, of knowledge over ignorance and right over wrong. It is a festive restatement of the Hindu belief that the good ultimately triumphs over evil. Hindus across the world celebrate Diwali in honour of the return of Lord Rama, wife Sita, brother Lakshmana and Lord Hanuman to Ayodhya from exile of 14 years after Rama defeated Ravana. To honour and celebrate Lord Rama, Sita, Lakshmana and Hanuman returning from Sri Lanka and to illuminate their path, villagers light diyas (lights) to celebrate the triumph of good over evil.For some, Diwali also celebrates the return of Pandavas after 12 years of Vanvas and one year of “Agyatavas” in Mahabharata. Deepavali is linked to the celebration of Lakshmi, who is venerated among Hindus as the goddess of wealth and prosperity and is the wife of Lord Vishnu. The five-day festival of Diwali begins on the day Goddess Lakshmi was born from the churning of cosmic ocean of milk by the Devas (gods) and the Asuras (demons), while the night of Diwali is the day Lakshmi chose Vishnu as her husband and they were married. In West and certain Northern parts of India, the festival of Diwali marks the start of a new Hindu year. - Wikipaedia.