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Ganesha With a Touch of Batik by Hyderabad-based Artist Yasala Prakash

art market news /

Artist Yasala Prakash exhibits his collection of Batik works at Yasala Balaiah Art Gallery in Borabanda, titled Divergent Images of Lord Ganesha. His canvases are known for its images of folk and cultural themes of Bonalu and Bathukamma festivals, highlighting different facets of Telangana. Visitor looks at a Ganesha work at the gallery | Photo […]

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ART ONLINE FY-2023: How Online Platforms Fuel the Discovery and Growth of Unique Art Forms.

art market, art market news /

The Twenty-first century witnessed a drastic change in selling or buying of paintings online. India is no exception in this regard. In the past few years, selling online paintings has become a new trend to look up in India. Many young artists now believe that it is better to put art online for sale. Today,

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Art as an Investment: Insights from the Indian Art Market’s Growth and Investment Potential

art market, art market news /

Data from the Indian market shows how phenomenally the market has grown over the past 20 years. While hitherto art was mostly considered a collectable and a luxury item, it has slowly and steadily moved into the category of capital asset, which by its very definition provides benefits over a long period of time. There

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Christie’s Fails to Sell $400,000 ‘Lost Robbie’ NFT Weeks After a Similar One Sold on SuperRare

art market news, News /

The digital art market has been experiencing both highs and lows, with occasional impressive sales amid an overall bear market. Recently, the Canadian company Lighthouse Immersive Inc., renowned for its immersive art exhibitions, filed for bankruptcy in the US. Similarly, Christie’s faced its share of challenges in the digital art space when one of artist

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Top-Selling Painters of 2022-2023 in India Redefine the Art Market: Arpita Singh, M.F. Husain, B. Prabha, and More!

art market news /

The art scene in India has always been vibrant and diverse, with a rich history spanning centuries. The art market in India has witnessed remarkable growth in recent years, and several talented painters have emerged as top-selling artists. In the years 2022-2023, these artists captivated the art world with their unique styles, innovative approaches, and

Top-Selling Painters of 2022-2023 in India Redefine the Art Market: Arpita Singh, M.F. Husain, B. Prabha, and More! Read More »

Christie’s and Sotheby’s Dominated London Auctions with Record-Breaking Sale, While Phillips Struggles

art market news /

The London Evening sales concluded on a rather lacklustre note with Phillips’ “20th Century to Now” auction, which generated just over £9 million ($11.4 million) in sales. In comparison, Christie’s and Sotheby’s London auctions, buoyed by the sale of Klimt’s “Lady With a Fan,” amassed a staggering £199 million ($252 million). Phillips’ auction, on the

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Art Insurance Market Giants Allianz, Progressive, and Axa Drive Spending Boom: Research Reveals Key Insights and Trends

art market news, Featured /

Aditya Sisodia According to SBWire, the global art insurance market is set to experience significant growth in the coming years, according to a new research publication by Advance Market Analytics. The report, titled “Art Insurance Market Insights, to 2028,” provides valuable insights into the market trends, drivers, restraints, and opportunities that will shape the industry

Art Insurance Market Giants Allianz, Progressive, and Axa Drive Spending Boom: Research Reveals Key Insights and Trends Read More »

What does the Gupta Period Terracotta Torso of Shiva Sells at Auction tells about Indian Heritage?

art market news, Columns /

Aditya Sisodia In the realm of Indian art, the limelight often falls on modern and contemporary works, leaving the country’s rich historical arts in the shadows. The cultural heritage of India, spanning centuries, has faced its share of looting and plunder by invaders, colonial powers, and opportunistic individuals seeking profit. It is disheartening to witness

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Wild ‘goose’ chase of $ 6.2 millions

art market news, Featured, News /

Smriti Malhotra During Sotheby’s “Grails” sale, the second part of an auction featuring works owned by Three Arrows Capital (3AC), a crypto firm, collectors flocked to bid on digital artworks. The sale raised nearly $11 million, exceeding the high estimate of $4.8 million. The highlight of the auction was Dmitri Cherniak’s artwork titled “Ringers #879

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