@Sanjay: Thanks for pointing that out to me. No man, I never mind for getting good suggestions!
And of course, that's why I'm here on this forum.
I tried setting the output from my DVD player to 16:9 and the TV's aspect ratio is already set to 16:9, still I get the same picture. And it's connected via HDMI cable sending the output at 1080p. Probably I'm missing something here.
Please let me know if there is any way to sort it out?
@reignofchaos: My DVD player is Philips 5996; I got that few months back considering it a good DVD player with HDMI. Most probably I'm missing something basic here. Do I need to set any specific settings in DVD player or TV to get the best picture?
Thanks!