The auspicious occasion of Losar marks the beginning of Tibetan New Year and is the most important festival in the Tibetan Calendar. Losar starts on the first day of the first month of the calendar when the new moon is sighted. Historically, it has been recorded that the celebration of Losar began during the reign of the Tibetan King, Pude Gungyal, in the 7th century. Tibetan folklore cities that during his reign, there lived a wise old woman named Belma, who taught the people to calculate time-based on the phases of the moon. Losar, the Tibetan New Year, brings with it the hope and aspiration for a new beginning. The sun gets warmer symbolizing the arrival of the spring season, the season of natural affluence, and also brings with it the vigour and freshness. Prayers are offered to the deities and blessings for prosperity, health, and well-being are sought for the New year.