Holi is a popular Hindu festival that celebrates the arrival of spring and the victory of good over evil. It is typically celebrated in late February or early March and is known as the "Festival of Colors" or the "Festival of Love". On this day, people play with colored powders and water, and smear each other's faces with it. Holi is also a time for forgiveness and forgetting past resentments, and people often use the occasion to reconcile with friends and family. In some parts of India, people also light bonfires, which symbolize the burning of the demoness Holika. Holi also has a religious significance, as it is believed to commemorate the story of Lord Vishnu and the demon king Hiranyakashipu.