The story of Diwali is rich and multi - layered. Another aspect is related to the victory of Lord Krishna over the demon Narakasura. Krishna killed Narakasura on this day, which is also celebrated as a part of Diwali. This victory too symbolizes the triumph of good over evil. People celebrate by bursting crackers, which is also a way to add to the festive cheer. Additionally, in some regions, Diwali marks the beginning of a new financial year. So, businesses close their old accounts and start new ones during this time. All these elements together make up the story of Diwali, a festival that is celebrated with great enthusiasm across India and in many parts of the world where the Indian diaspora lives.
Diwali is a festival of lights that symbolizes the victory of light over darkness and good over evil. It marks various historical and mythological events, like Lord Rama's return to Ayodhya after defeating Ravana.