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Navigating the Global Fine Arts Logistics Market: Trends and Prospects (2023-2030)

art market /

A Promising Outlook The global Fine Arts Logistics market is poised for a promising future, as per the latest research findings. In 2022, the market was valued at a substantial USD million, and experts anticipate it to surge to even greater heights, reaching USD million by 2030. This remarkable growth is expected to be driven […]

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Pundole’s Auction House Sets New Records in Modern Indian Art Sale

art market, Featured /

Last evening, Pundole’s Auction House made history by achieving the highest sale total for an auction of Modern Indian Art, breaking multiple records in the process. World Auction Record for a Modern Indian Painting Renowned artist S.H. Raza’s masterpiece fetched a staggering 51.75 crore (6.27 million USD), establishing a new world auction record for Modern

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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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How the Ultrawealthy Use Private Foundations to Bank Millions in Tax Deductions While Giving the Public Little in Return

art market, Featured, News /

 A Luxurious Bargain and Elusive Access Private foundations offer a lucrative tax-saving opportunity for the ultrawealthy to donate valuable assets while promising public benefits. However, investigations reveal that some donors have exploited this system to claim millions in tax deductions while offering limited or no public access to their donated assets. The Carolands Mansion –

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Paris to New York: How did the Art Capital Shifted?

art market, Columns, Featured /

Smriti Malhotra  For several decades, New York has maintained its status as the capital of the art world. According to Robert Manley, the deputy chairman of Phillips, New York continues to bring high-quality artworks to the market, a tradition that has contributed to its sustained success. Recent research supports this notion, revealing that while the

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The Collector’s Guide to Tax and Art: How and Why Does One Invest In Art and Manage the Tax Risks?

art market, art market news /

Shweta K. The intricate fabric of India’s diverse cultural and social traditions best comes alive in art, which reveals its unending, fascinating stories. In fact, art in all its avatars has for centuries now been an undeniable cornerstone of our rich and varied cultural heritage. Over the years, art has captivated the interest of innumerable

The Collector’s Guide to Tax and Art: How and Why Does One Invest In Art and Manage the Tax Risks? Read More »

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