Source: ARCHITECTURAL DIGEST INDIA

If art could speak, we would possibly get to hear some of the most passionate sagas of possessed artists and possessive art owners. When we hear art owners narrate how they acquired the work they fell in love with, we not only begin to see the art through their eyes but also begin to share their agony and ecstasy.

Source: financial express

The Indian art market is picking up at a record rate driven by strong domestic demand. Despite challenging pandemic years, the art community is continuing to grow, whether it is Saffronart’s recent record breaking auction sale that crossed Rs 100 crore this April, or galleries making consistent sales across price points, including many new millennial collectors.

Source: daily art magazine

Indian modernists have been vanguards of shaping the narrative of Indian art in the modern world. Defining their individualistic artistic sensibilities during the tumultuous decades around India’s independence, these highly talented artists pursued relentless creativity. By constantly experimenting and evolving through different phases in their careers, they created landmark works that garnered critical acclaim and gave a new identity to Indian art.

Source: artnet

An upstart museum in India has launched an open-source digital encyclopedia of information related to the subcontinent’s rich artistic history, dating from 10,000 years ago to the present.

Included on the free platform, which went live last week, are thousands of articles on famous artists, movements, disciplines, techniques, and other topics; on the Bengal School of modernist painters, for instance, and the Bagh embroidery tradition of Punjab.

Source: elle india

Paving the path for female artists in modern Indian art, Hungarian-Indian painter Amrita Sher-Gil was considered one of the greatest avant-garde women artists of the early 20th century. Following her pioneering works, the post-independence era in India saw the rise of several women artists who made a mark in the trajectory of Indian art.

Source: THE HINDU

Let’s be honest, the NFT art world would not be having the trajectory it is, if Metakovan and Twobadour did not spend close to $70 million worth of crypto on Beeple’s Everydays: The First 5000 Days,” says Amrita Sethi, “That figure alone is enough for artists to start delving into the virtual NFT art space.”

Source: THE ECONOMIC TIMES

It took a few minutes for Vignesh Sundaresan and Anand Venkateswaran to realize that they’d parted with $69.3 million for a digital artwork stored in a JPEG file, coincidentally securing their place in art history. “We weren’t sure we won,” said Venkateswaran, describing the nerve-racking final moments of the online auction for a collage of 5,000 images by the artist known as Beeple.

Source: live mint

The third edition of the Hurun India Art List is populated with names of the leading Modernist and contemporary artists from the country. Featuring top 50 artists alive, this selection is based on the sales of works at public auctions till 30 December 2020.

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“A Passion for Modern Indian Art” : Jane & Kito de Boer Collection

Source: CHRISTIE'S

Find greatness that you can afford,’ suggest the collectors Jane and Kito de Boer. It would be wise to take their advice — the couple own one of the world’s most comprehensive collections of modern Indian Art. In this video Jane and Kito de Boer share their passion for modern Indian art and how they felt compelled to begin collecting after moving to Delhi in the early 1990s.

Source: The Hindu

A JPEG file went under the hammer at Christie’s on March 11 and was sold for $69.3 million (roughly ₹504 crore), which was paid in cryptocurrency. The world — including the work’s creator, digital artist Beeple — watched in disbelief. Everydays: the First 5,000 Days, a collage of 5,000 images created over 13 years, was the first ever non-fungible token (NFT) to be sold by the auction house.

Source: FIRST POST

Mumbai-based auction house Prinseps will be holding two NFT auctions: of 1950s artist Gobardhan Ash’s artworks, and Oscar-winning costume designer Bhanu Athaiya’s fashion sketches. July promises to be a busy – and interesting – time for Prinseps, a research-focused auction house based in Mumbai.

Source: art work archive

We consulted two art insurance specialists, and both had horror stories to tell. Things like pencils going through paintings and red wine glasses flying onto canvases. Interestingly enough, in each case the art collector came to the insurer after the incident looking for a restoration expert and art insurance coverage.