The Indian festival that is celebrated with lighting oil lamps and fireworks is Diwali. Known as the Festival of Lights, Diwali symbolizes the victory of light over darkness and good over evil. Families decorate their homes with colorful rangoli and diyas, engage in puja rituals, and share festive meals. The fireworks add a celebratory spirit to the occasion, representing joy and the illumination of one’s life with positivity and prosperity.