New Year is the time at which a new calendar year begins and the calendar's year count is incremented. The celebration of the new year on January 1st is a relatively new phenomenon. Explore the history of New Year's, from its ancient past to how January 1 became the first of the year to famous celebrations like the Times Square ball drop. Fill your heart with new hopes, reach out for new opportunities and celebrate the New Year! New Year countdown, days until New Years Eve on Wednesday, 1 January 2014.