New Year is the celebration of the beginning of a new calendar year, usually observed on January 1 in the Gregorian calendar. It marks a time of hope, renewal, and fresh beginnings, when people reflect on the past year, set goals, and make resolutions for the future. Around the world, it is celebrated with various traditions such as countdowns, fireworks, family gatherings, and festive meals, all symbolizing good luck and prosperity for the year ahead.