Shrī Parashūrām is sixth reincarnation of Shrī Vishnu. His legends are found in the Holy texts, Ramayan, Mahābhārat and some Purāns.
Shrī Parashūrām's mother was Renuka and father was Rushi Jamadagni. He was born in Bhrugu dynasty. Shrī Parashūrām was born in the nineteenth Tretayug (in the transition period between Treta and Dwapar Yug according to Mahābhārat). Shrī Parashūrām was born in a dynasty which was predominant in Divine radiance (Brahmatēj) and kindled with the radiance of the fighting spirit (Kshatriyatēj).
His physical appearance can be described as having a mammoth physique, matted hair on the head, bow on the shoulder and holding an Axe (Parashu) in the hand.
The birthday of Parshuram is celebrated on the 3rd day of Shukla Paksh of Vaishakh month. Fast is kept on this day to be blessed with son and is also called Parshu Rama Dwadashi. According to Varah Puran by keeping a fast on this day the devotee enjoys his stay in Brahmiok and will be reborn to become a great king.
Akshaya Tritiya is another name for the birthday of Lord Parasuram. There is a strong belief the merits gained by good acts on this day is permanent. It is believed that Akshaya Tritiya marks the beginning of the Treta Yug.
Hindus holds major part of population in India. With the revitalization of Hinduism after the medieval period, the birth day of Parshuram regained its importance. Except fasting, procession and satsang is also arranged in most of the towns of Northern India.
Akshaya Tritiya, also known as “Akha Teej”, is traditionally the birthday of Lord Parasurama, the sixth incarnation of Lord Vishnu. People conduct special Pujas on this day, bathe in holy rivers, make a charity, offer barley in a sacred fire, and worship Lord Ganesha & Devi Lakshmi on this day.
Akshaya Tritiya marks the beginning of the Treta Yug. The birthday of Parashurama, the sixth incarnation of Vishnu falls on this day. In the “Puranas”, the holy Hindu scriptures, there is a story that says that on this day of Akshay Tritiya Vedavyas along with Lord Ganesha started writing the great epic Mahabharata. Ganga Devi or Mother Ganges also descended to earth on this day.
"This is one of the most auspicious days according to the Hindu calendar. The day on which Moon, Sun and Jupiter unitedly come under Mrigshira Nakshatra is called Akshay Tritiya."
“Akshay Tritiya”,the holy day when many perform puja to start a business. According to the Hindu customs, many choose to perform the pujas for Business,bathe in holy rivers, make a charity, offer barley in a sacred fire, and worship Lord Ganesha & Devi Lakshmi on the holy day of “Akshay Tritiya”. It is considered a good time to invest in gold and diamonds. It is believed that whatever is bought on this day, will remain forever.
Kartavirya Sahashrarjun was a kshatrya (warrior) king who killed Jamadagni. Because of this Parshuram vowed to extermi-nate all the kshatriyas from this earth, so he saved the earth from the tyranny of the kshatriyas. But Parshuram became proud of his power. Terrorised by him, all the kshatriyas fled, and no one remained to protect this earth. So Kashyap muni called them back and ordered Parshuram to leave this world. Since then Parshuram lived on the mountain Mahendra. Because he made wrong use of his power with his “parshu” (axe) in his hand he caused this bitter fate to befall him.