Facebook Pixel Gulf war disrupts art routes, but India market remains resilient | Business Standard - newspaper - Bu hikayeyi Magzter.com'da okuyun

Denemek ALTIN - Özgür

Gulf war disrupts art routes, but India market remains resilient

Business Standard

|

March 19, 2026

Galleries rethink Art Dubai participation, while strong domestic demand cushions impact

- VEENU SANDHU

Gulf war disrupts art routes, but India market remains resilient

AstaGuru's ShowKeen exhibition at Bikaner House, New Delhi, held on March 14-15

“We made the considered decision to withdraw from Art Dubai,” says Bhavna Kakar, founder and director of Latitude 28, a New Delhi-based gallery. “While the ethos of the art world is that the show must go on, it cannot come at the expense of safety.”

Kakar’s decision reflects the unease rippling through the art world, which is beginning to feel the impact of the war in West Asia, though the domestic market remains robust. “When a calamity hits mankind, all industries get impacted, and art is no different,” says Sunaina Anand, founder and director, Art Alive Gallery, Delhi, pointing to the deeply interconnected nature of today’s art world.

Art Dubai, scheduled from April 17 to 19 and marking its 20th year, was expected to see a strong Indian presence. Last year, 11 Indian galleries had showcased around 30 artists across genres. This year, however, caution is keeping many of them away. Kakar’s gallery had planned a two-person presentation with Gopa Trivedi and Sanket Viramgami, both of whom were scheduled to travel. That plan has now been shelved. “There is little appetite for uncertainty or the risk of being stranded,” she says. A summer exhibition her gallery had planned in London has also been deferred.

Richa Agarwal, chairperson, Kolkata Centre for Creativity, and CEO, Emami Art, echoes the sentiment. “... we were scheduled to visit Art Dubai, which has now been disrupted,” she says, expressing concern that such interruptions may also influence their international outreach in the near term.

Even as uncertainty clouds international participation, particularly in West Asia, which is a growing hub for Indian art, voices across the sector point to a more layered impact.

Business Standard'den DAHA FAZLA HİKAYE

Business Standard

Business Standard

Centre offers extra 10% LPG to states committing to PNG shift

At least 8 oil tankers diverted mid-voyage from China to India

time to read

3 mins

March 19, 2026

Business Standard

Cabinet clears ₹33.7K cr BHAVYA scheme for 100 industrial parks

In a fresh effort to bolster India’s manufacturing prospects, the Union Cabinet on Wednesday approved a ₹33,660 crore plan to develop 100 world-class plug-and-play industrial parks across the country, with the Centre funding up to ₹1 crore per acre as well as up to 25 per cent of external connectivity infrastructure costs.

time to read

2 mins

March 19, 2026

Business Standard

Business Standard

Axis Bank to infuse ₹1.5K cr into NBFC arm

Axis Bank, the country’s third-largest private sector lender, said on Wednesday that it will pour as much as ₹1,500 crore as capital into its wholly owned subsidiary Axis Finance.

time to read

2 mins

March 19, 2026

Business Standard

Prudential may exit insurance JV with ICICI Bank

In talks with Bharti Axa for possible stake buy

time to read

2 mins

March 19, 2026

Business Standard

LPG shortage and a case of reverse migration

From the narrow lanes of New Delhi to factory floors, the war-triggered LPG crisis is reshaping lives, livelihoods and, increasingly, migration patterns — to the extent that some companies are beginning to incentivise workers to stay on, or return.

time to read

5 mins

March 19, 2026

Business Standard

India's invisible urban fault line

Indian cities are learning to do very modern things in very old ways.

time to read

3 mins

March 19, 2026

Business Standard

About 90 ships cross Strait of Hormuz as Iran exports oil despite war

About 90 ships including oil tankers have crossed the Strait of Hormuz since the outset of the war with Iran and it is still exporting millions of barrels of oil at a time when the waterway has been effectively closed, according to maritime and trade data platforms.

time to read

1 min

March 19, 2026

Business Standard

Business Standard

Iran’s intelligence chief killed in Israeli strike

Brent crude rises 5% to $108 a barrel as US-Israeli forces target world's largest gas deposit, Pars. | Iran attacks Tel Aviv in retaliation for killing of its security chief, rejects proposal to ease tension.

time to read

4 mins

March 19, 2026

Business Standard

US eases Venezuela oil sanctions to boost supply

US companies will be allowed to do business with Venezuela's state-owned oil and gas company after the US Treasury Department eased sanctions, with some limitations, on Wednesday as the Trump administration looks for ways to boost world oil supplies during the Iran war.

time to read

1 min

March 19, 2026

Business Standard

₹ slips to fresh low of 92.64/$

The Indian rupee fell to a fresh low of 92.64 per dollar on Wednesday, breaching the psychologically important 92.50 mark amid sustained importer demand for dollars.

time to read

2 mins

March 19, 2026

Listen

Translate

Share

-
+

Change font size