Gravitational collapse: The story so far

An outstanding problem in gravitation theory and relativistic astrophysics today is to understand the final outcome of an endless gravitational collapse. Such a continual collapse would take place when stars more massive than few times the mass of the sun collapse under their own gravity on exhausting their nuclear fuel. According to the general theory of relativity, this results either in a black hole, or a naked singularity - which can communicate with far away observers in the universe. While black holes are (almost) being detected and are increasingly used to model high energy astrophysical phenomena, naked singularities have turned into a topic of active discussion, aimed at understanding their structure and implications. Recent developments here are reviewed, indicating future directions.