CONTEMPORARY ONE WORD SEVERAL WORLDS

mercredi 25 novembre 2009

Saffronart's Winter Online Auction 2009

Source : PR Newswire
Saffronart, India's leading auction house for Modern and Contemporary Indian Art, will host its annual Winter Online Art Auction on December 9-10, 2009. Presenting 100 lots of exceptional quality and provenance by 51 leading modern and contemporary Indian artists, the sale will take place online at www.saffronart.com

dimanche 22 novembre 2009

The politics of contemporary, folk

By Kishore Singh. Source : The Economic Times
Within (but without) a debate about forms, artist Dhaneshwar Shah creates an alternate world. A hundred-odd years ago must have been an unusual time in artists’ studios and ateliers in the Indian subcontinent as the European eye and brush began to dominate the way art was perceived, or taught, or bought. It resulted in odd mixes, lots of experimentation, a churn, and a rapid turn to works that were painted in the European tradition, even though the context remained Indian. Whatever the result, it led to the unfortunate derailment of the country’s engagement with its own art tradition, something which had been part of its fabric for hundreds and even thousands of years. Now, suddenly, it was “folk” or “traditional” without merit in the new artocracy.
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samedi 21 novembre 2009

Les milliardaires indiens trustent 25 % du PIB du pays

Par Julien Bouissou. Source : Le Monde
Une nouvelle "caste" se développe en Inde : celle des milliardaires en dollars. Le pays en compte 52, d'après le classement publié le 19 novembre par le magazine Forbes, contre seulement deux en 1996. Après une diminution de moitié en 2008, leur nombre est presque revenu à son niveau de 2007. Pour eux, la crise aura été de courte durée. La Bourse de Bombay a enregistré une hausse de 76 % depuis janvier, sa meilleure performance en dix-huit ans, et la croissance économique de l'Inde devrait approcher les 6,5 %. Ce sont la construction, l'énergie, la pharmacie et les médias qui sont les plus représentés dans le classement du magazine. Le président de Reliance Industries, Mukesh Ambani, est en tête, avec une fortune estimée à 32 milliards de dollars (21,4 milliards d'euros), cinq fois plus importante que celle du Chinois le plus riche, Wang Chuanfu.
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mercredi 18 novembre 2009

Indian artworks on Global Safari

By Ashoke Nag Source : The Economic Times
Indian art is clearly going far beyond its shores. Year 2009 has seen Indian art travel from Japan to Vienna and New York to Berlin. The Mori Museum in Japan which hosted a show titled ‘Chalo India’ curated by Akiko Miki was a wonderfully comprehensive exhibition of contemporary Indian art. At the same time, Sotheby’s upcoming auction of international contemporary art in mid-November in New York, has included one of Jitish Kallat’s works, titled Dawn Chorus 17. Top galleries like Hauser and Wirth, Victoria Miro and Thomas Gibson in London, Gallery Krinzinger in Vienna and Gallerie Christian Hosp in Berlin are hosting shows by Indian artists.
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samedi 14 novembre 2009

Upswing in Indian art market confidence

By Anindita Ghose Source : Livemint The Wall Street Journal
The liquidity in the Indian art auction market is down 54% since September 2008, when Christie’s, Sotheby’s and Saffronart raised $23.9 million. The recent sales in September 2009, raised a total of $11 million. 61% of the respondents believe the modern Indian market could face more downward pressure on prices. In the contemporary Indian market, 75% of the respondents believe that prices will continue to decrease. However with an expected downward pressure on prices, the risk of speculation has re-entered the market, after a significant drop in May 2009. The ArtTactic Speculation Barometer shows a 21% increase in the contemporary Indian market. Respondents surveyed expressed concern that significantly lower prices are providing an opportunity for speculators to re-enter the market.
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Husain wants to go home

Source : Asianonenews
In 2006, Husain's painting Mother India - it shows a nude woman, the depiction of a Hindu goddess, kneeling on the ground to create the shape of the Indian map - led to protests and threats by saffron outfits (Hindu radicals who associate themselves with that shade). Fearing for his safety, the artist left India and has been living in Dubai and London for the past three years... "In India, I'm seen as the first in my field. In my institute, I'm just the 15th Nobel laureate," he said. There is only one M.F. Husain and, like his art, he is precious. It will be a shame for a nation that prides itself as a rising economic power to let one of its geniuses spend the last years of his life in a foreign land.
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vendredi 6 novembre 2009

The politics of contemporary, folk

By Kishore Singh. Source : Business Standard
A hundred-odd years ago must have been an unusual time in artists’ studios and ateliers in the Indian subcontinent as the European eye and brush began to dominate the way art was perceived, or taught, or bought. It resulted in odd mixes, lots of experimentation, a churn, and a rapid turn to works that were painted in the European tradition, even though the context remained Indian. Whatever the result, it led to the unfortunate derailment of the country’s engagement with its own art tradition, something which had been part of its fabric for hundreds and even thousands of years. Now, suddenly, it was “folk” or “traditional” without merit in the new artocracy.
> read more

dimanche 1 novembre 2009

Fundamental tips for investing in art

By Lisa Mary Thomson. Source : The Economic Times
Most wealth managers also recommend that to benefit from appreciation in the art market, you will need to stay invested for at least five years. For new investors though, it is safest to begin with investing anywhere between 5-10% of their portfolio in art, says Nipun Mehta, executive director and head-India of SG Private Banking.
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