The festival of colors! And one of the most popular festivals across India. Holi is a Hindu spring festival in India and Nepal, also known as the festival of colours or the festival of sharing love. The festival signifies the victory of good over evil, the arrival of spring, end of winter, and for many a festive day to meet others, play and laugh, forget and forgive, and repair broken relationships, and is also celebrated as a thanksgiving for a good harvest.