Booming Art Market Puts Smiles on Faces of Delhi’s Elite

It hasn’t taken much to lift the gloom of Delhi’s elite. Three good months of economic growth plus a booming stock market were capped last week when India’s modern art market came alive with sales totalling Rs 38.27 crore ($6.38m) at an auction mounted by Saffronart of Mumbai. Only four of ninety works on offer had…

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