Description: The ‘DataFrame.rename’ method in the pandas library of Python allows for renaming the row and column labels in a DataFrame. This method is fundamental for data manipulation, as it facilitates the organization and clarity in the presentation of information. By using ‘rename’, users can specify a dictionary that maps current labels to new ones, allowing for precise customization. Additionally, this method offers the option to rename only rows or only columns, providing flexibility in data management. The ability to rename labels is especially useful in data analysis, where clarity and accuracy are essential for the correct interpretation of results. In summary, ‘DataFrame.rename’ is a powerful tool in pandas that enhances the readability and organization of data, enabling analysts and data scientists to work more efficiently.