Raksha Bandhan is happening right now on August 15. Do take note that the date may change every year so those who follow this event would need to know when this is going to happen. This is known to be a ceremonial rite that is also a festival at the same time.
This is mostly celebrated in India but this is also being celebrated in different parts of South Asia. For those who are wondering, this is the celebration of the brother-sister relationship between people who were not born as siblings but they believe that they have found blood relations in each other. A brother-sister relationship should not be mistaken for a romantic relationship.