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The Puranas (Sanskrit: à¤ªà¥à¤°à¤¾à¤£ purÄá¹a, of ancient times) are Hindu religious texts that are part of the Vedas.They contain narratives about the history of the Universe from creation to destruction and the genealogies of kings, heroes, sages, and demigods.Some of the Puranas are discourses on cosmology, geography and Hindu philosophy. They are usually written in the form of a dialogue.Vyasa, the narrator of the Mahabharata, is traditionally considered the compiler of the Puranas.yasa, the narrator of the Mahabharata, is traditionally considered the compiler of the Puranas.
Best Answer: 1) Eyewitness: Puranas are by definition, the narrations of incidents that occurred in the remote past. The Ithihasas (the epics) on the other hand, are by definition, the narrations of incidents that occurred during the life time of the narrator.urana means old, old history and itihasa means history. The four divisions of the original sources of knowledge [the Vedas] were made separately. But the historical facts (itihasa) and authentic stories mentioned in the Puranas are called the fifth Veda.