Akshaya Tritiya, a Hindu festival celebrated on the third lunar day of the bright half of the Hindu calendar month of Vaishakha, holds significant cultural and religious importance. It's believed to be an auspicious day for new beginnings, wealth, and prosperity. Many people buy gold, start new ventures, or perform religious rituals on this day, believing that any action taken on Akshaya Tritiya will bring everlasting prosperity and success.