New Delhi: Prime Minister Narendra Modi on Friday greeted the nation on the occasion of Dhanteras -- the festival of wealth.

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"Greetings on the auspicious occasion of Dhanteras," the Prime Minister tweeted extending his best wishes to the citizens.

One of the most important religious festivals of Hindus, Dhanteras, also known as Dhanatrayodashi, is observed all over India and Nepal. It also marks the beginning of the five-day Tihar festival in some North-eastern states in India and Nepal.

The festival falls on the 13th lunar day of Kartik month of Saka calendar (October-November), marking the first day of the Diwali celebrations.

Considered auspicious for business, people also indulge in buying precious metals on Dhanteras.