The Hindu New Year starts from the next day after Amavasya (No moon) in the Chaitra month i.e. Chaitra Shukla Pratipada. This calendar in more popular in Northern part of India like Uttar Pradesh, Uttaranchal, Bihar, Chattisgarh, Haryana, Madhya Pradesh, Rajasthan, Himanchal Prdesh, and Maharashtra etc. In Maharashtra, starting of new year is celebrated as Gudi-Padwa. In Karnataka and Andhra Pradesh this day is celebrated as Ugadi. Sindhis celebrate this day as their New Year day Cheti Chand.
This calendar is based on luni-solor system and generally followed for all religious purpose. According to English date, in this year 2009, Hindu Nav Samvat (New Year) started on March 27th. This embarks year 2066 according to this calendar.
Starting of Hindu New Year is an important astrological event. Starting time of the new year is considered important to get overall idea of the upcoming year. Astrologers calculate planetary cabinet of the coming year and read upcoming year from that. Astrological planetary cabinet consists of king of the year, prime minister of the year, lord of the paddy crops, lord of fruits and vegetation, lord of mineral kingdom, lord of clouds, lord of corns and lord of fluids etc. Each planet is responsible for telling us about the respective aspect as suggested by its name.
The name of this year which started from 27th March 2009 is "Shubha." the King of this year is Venus and the Prime Minister is Moon. Venus is exalted in the varsha pravesh chart and well placed. A well placed Venus kinf of a year suggests good rains and crops, prosperity and power to women, progress of arts, victory of virtue over vices, new treaties and agreements signed. Looks like finally some soother after recession. As the year is Shubha, which is generally considered good and the kind is Venus, we can expect some good results. Last year we have seen terrorist attacks, increase in military tension, economic slowdown and recession, crash of the share market etc. I hope it will improve from now onwards.
Moon as the prime minister suggests good rainfall, growth in luxury, improvement in health, general well being and prosperity, contentment to the people etc. As both the king and the prime minster and female planets, we can expect more women gaining power and position.
Wish you all a very very happy new year.
A note of caution is required here. Mundane predictions like this requires analysis of various aspects and charts. For example, this prediction based on only "planetary cabinet of Hindu year" should be supplemented by various other anlysis e.g. charts of the nation under consideration, solar ingress charts, lunation charts, annual horoscope of nation etc., before more conclusive forecasts can be made. Hence this forecast must be taken just as an indicative prediction and should be treated that way only.