Akshaya Tritiya, or Akha Teej, is a highly auspicious day which
falls on the third day after Amavasi (no moon) in the Hindu
month of Vaishakha. Akshaya Tritiya 2014 date is May 2. As per
Hindu astrology and almanac, each second on the Akshaya Trithiya
day is auspicious. It is said that there is no need to look for
a ‘muhurat’ on the day. The word Akshaya means ‘that which never
diminishes’ and the day is ideal for beginning new ventures as
it is believed that all investments on this day appreciates. In
a traditional Hindu lunar calendar, Akshay Tritiya is observed
on the third day of Shukla Paksha (waxing phase of moon) in
Vaishakh Month. It is believed that the sun and the moon are
most radiant and best placed on the day. Therefore it is one of
the most popular dates in Hindu calendar for marriages, for
beginning new ventures, for investing and for purchasing
valuables like gold and diamond. Parashuram Jayanti is also
observed on Akshaya Tritiya day. There are numerous legends
associated with Akshaya Tritiya