Akshaya Tritiya also referred as Akha Teej, is considered as the most auspicious days of all by Hindus in India. The pious day of Akshaya Tritiya falls on the third day (Tithi) of bright phase of moon (Shukla Paksha) in the Hindu month of Vaishakha. The name Akshaya Tritiya describes the special planetary positions of Moon, Sun and Jupiter, as on this day all three unanimously come under Mrigshira Nakshatra. Moon and Sun both glow at their brightest level, indicating the auspiciousness of the day.
The day of Akshaya Tritiya is considered highly auspicious by Hindus as the day is thought to bring good fortune and prosperity for every one. The literal meaning of Akshaya in Sanskrit means imperishable or “never diminishing” and thus the day is believed to be the best time for beginning new ventures or investing money in precious metals and land. On this day, many of Indians buy gold or silver ornaments.
Akshaya Tritiya is also referred as a golden day of eternal success because the Golden Age or the first of the four Yugas, Satya yug is believed to have begun on this day. Akha Teej also marks the birthday of Sixth incarnation of Lord Vishnu - Lord Parshuram. The auspicious day also holds a special importance as the holy river Ganga also descended down to earth from heaven on this very same day. Vedavyas along with Lord Ganesha started writing the great Hindu scriptures, Mahabharatha on the eve of Akshaya Tritiya. The first Tirthankar in Jainism- Bhagwan Rishabdev also broke his fasting spell of one year by taking juice on the day of Akha Teej.
This year, Akshaya Tritiya falls on Monday, 13th May.