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Iftikar Ahmed According to the Art Basel and UBS Art Market Report 2023, dealer sales in the art market reached an estimated $37.2 billion in 2022, which is a 7% increase year-on-year. This figure restored the market to its value before the pandemic in 2019, showing a steady recovery. The survey conducted by Art Basel […]
Rishiraj Sethi Indian Institute of Management Ahmedabad (IIMA) has developed the IIMA-AuraArt Indian Art Index (IAIAI) in collaboration with Aura Art Development Pvt Ltd. The index is based on the auction results of nearly 9,000 artworks by Indian artists, auctioned across 11 houses around the world, over a period of more than 20 years, from
IIMA-Aura Art Indian Art Index Hits a Historic High Read More »
Rishiraj Sethi A joint initiative of IIM-A and the Mumbai-based Aura Art Development Pvt Ltd, the IIMA-AuraArt Indian Art (Price) Index — or IAIAI — has been called a “head-heart confluence” While the international art market is at least a whopping 250 years old — if one were to take the formation of notable auction
Understanding the unique art index that bolsters art investment in India Read More »
A SUMMARY OF THE MOST EXCITING ART NEWS FROM AROUND THE GLOBE While we focus on Indian art, we can’t obviously function in a vacuum. It’s a small world and everything is connected, especially on the web. So, let’s train our spotlight across the world map to see what’s going on — from art trends
Why art sale prices are going through the roof, and more news from the world of art Read More »
There’s no denying that 2021 was a tough year for industries across the board, as the onslaught of the second wave in the first half of the year caused a huge wave of grief, loss and uncertainty. But as humanity rallied, a ray of hope did pierce through the clouds as the weeks went by.
Art sales that broke records this year #ArtWorld2021 #YearEnder2021 (Part 2) Read More »
There\’s no denying that 2021 was a tough year for industries across the board, as the onslaught of the second wave in the first half of the year caused a huge wave of grief, loss and uncertainty. But as humanity rallied, a ray of hope did pierce through the clouds as the weeks went by.
Art sales that swept this year off its feet! #ArtWorld2021 #YearEnder2021 (Part 1) Read More »
The Art Market 2021 Report is out. This Art Basel and UBS survey has been prepared by Dr. Clare McAndrew, Founder of Arts Economics. The Pothi team brings you excerpts and overviews of this incisive report. This is the conclusion of the report. You can read the art market stories part 1 here, part 2
The good, the bad and the confusing in the art market in the Covid world Read More »
The Art Market 2021 Report is out. This Art Basel and UBS survey has been prepared by Dr. Clare McAndrew, Founder of Arts Economics. The Pothi team brings you excerpts and overviews of this incisive report. This is part 2 of a six-part series. Your can read part 1 here After breaking Crypto Art records
No more anonymity for the art buyer: Biggest change according to Art Market 2021 report Read More »