This week, Indian artist Amrita Sher-Gil's painting The Story Teller fetched a staggering $7.45 million at auction in New Delhi, becoming the most expensive piece of Indian art sold under the hammer.
Bought by an undisclosed buyer on September 16 at Saffronart auction house's Evening Sale: Modern Art, the 23in x 29in oil on canvas was among a clutch of more than 70 pieces that also featured MF Husain, VS Gaitonde, Jamini Roy and FS Souza.
Touted to be among the 12 works selected by Sher-Gil herself as her most important, The Story Teller is widely considered one of the artist's most honest and expressive compositions. The painting was first shown in November 1937 during her popular solo exhibition at Faletti's Hotel in Lahore.
It explores a scene from domestic life, with five women huddled together in a rural setting doing everyday tasks with cows milling around. It bears the quintessential Sher-Gil imprimatur – art spotlighting a feudal-feminine world. Sher-Gil’s other well-known portraits of women include Three Girls, Women on the Charpai, Hill Women and Young Girls.
"We are delighted to have set multiple artist records at our Evening Sale in New Delhi this September. Most significantly, the record price achieved by Amrita Sher-Gil's The Story Teller is an important milestone in the Indian art market and a testament to the artist's immense skill and enduring legacy as one of India's art treasures," said Dinesh Vazirani, chief executive of Saffronart.
Indian artist Subodh Gupta tells The National: "The Story Teller is one of Amrita Sher-Gil's most significant works. It portrays women, a common theme in her art, reflecting her indomitable spirit and dedication to her craft which has left an indelible mark on Indian art history. This makes her a cherished national treasure, a symbol of empowerment and someone whose work ushered in profound social change.”
Sher-Gil’s previous record was for The Ladies’ Enclosure, which sold at Saffronart in July 2021 for $5.14 million, including the premium. Known as the Indian Frida Kahlo, the artist is widely acknowledged as one of the greatest avant-garde women painters of the 20th century. She melded architecture and people to portray scenes of rural domesticity through a unique artistic vocabulary.
Sher-Gil was born in 1913 in Budapest, Hungary, to a Sikh aristocrat and scholar of Sanskrit and Persian languages, Umrao Singh Sher-Gil Majithia, and a Hungarian-Jewish opera singer Marie Antoinette Gottesmann. The erudite and creative atmosphere at home shaped Sher-Gil’s personality. She became non-conformist and rebellious, and was even expelled from her convent school.
In 1929, at the age of 16, she moved to Paris to study art at the Ecole des Beaux-Arts, her work being constantly enriched by early exposure to the impressionism of Paul Cezanne and Paul Gauguin in the French capital.
Tragically, she died when she was just 28 in 1941. In 1976, the Archaeological Survey of India recognised her as one of India's nine National Art Treasure artists, bestowing on her a special `rarity value’ internationally, meaning her works in India cannot leave the country.
Indian sculptor Neeraj Gupta calls Sher-Gil one of the greatest avant-garde artists of the early 20th century. “Her work defied time and society as reflected in her early portraits and nudes that are still considered among the best in contemporary Europe. This is reflected in The Story Teller as well which is an honest and empathetic portrayal much like the artist herself," he says.
As a pathbreaker and a trailblazer, Gupta adds, Sher-Gil altered the narrative of Indian art, her feminism being a remarkable trait to have in the 1930s when women were a neglected demographic, typically relegated to the background in all social settings. “Sher-Gil chose to put her women front and centre, deliberately showing them engaged in domestic chores to reinforce that such work needs to be celebrated and not derided,” explains multimedia artist Subodh Gupta.
Gupta says Sher-Gil’s prolificity reflects her commitment to art. “Everything about her work was unique, be it her use of colour, pigment, the subjects she chose or her treatment of them. And despite the commonality of her subject matter, her artwork provides a strong visual impact, and evokes deep emotional responses, making one want to view her pieces again and again, the hallmark of a great artist.”
Gupta adds that Sher-Gil kickstarted the movement that insisted that women mattered and were worthy muses for artists. “It takes rare courage to do this in a patriarchal era characterised by deeply entrenched mindsets, a quality that defined her and made her such a great artist.”
Over a short career of a decade, Sher-Gil was produced about 200 paintings, her early works mostly dwelling upon vibrant illustrations of Hungarian fairytales in watercolour and the later ones about domestic life in India. “I can only paint in India. Europe belongs to Picasso, Matisse, Braque ... India belongs only to me,“ Sher-Gil famously declared.
Even so, her work reflects strong international influences, including that of Paul Gauguin, a controversial French artist who produced Tahitian nudes and paintings. Sher-Gil was also heavily influenced by French and Turkish elements, as also Indian painter Raja Ravi Varma whose influence is unmistakable in some of her later works.
According to Sunny Chandiramani, senior vice president of client relations at AstaGuru Auction House, Sher-Gil's significance in the history of Indian art is profound and enduring. “Her legacy transcends mere artistic prowess; it is a testament to her role as a trailblazer and an icon of inspiration for women in the field of art. Through her remarkable fusion of western techniques and Indian subjects, her works had a universal appeal bridging the gap between traditional and modern art.”
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Results
5pm: Wadi Nagab – Maiden (PA) Dh80,000 (Turf) 1,200m; Winner: Al Falaq, Antonio Fresu (jockey), Ahmed Al Shemaili (trainer)
5.30pm: Wadi Sidr – Handicap (PA) Dh80,000 (T) 1,200m; Winner: AF Majalis, Tadhg O’Shea, Ernst Oertel
6pm: Wathba Stallions Cup – Handicap (PA) Dh70,000 (T) 2,200m; Winner: AF Fakhama, Fernando Jara, Mohamed Daggash
6.30pm: Wadi Shees – Handicap (PA) Dh80,000 (T) 2,200m; Winner: Mutaqadim, Antonio Fresu, Ibrahim Al Hadhrami
7pm: Arabian Triple Crown Round-1 – Listed (PA) Dh230,000 (T) 1,600m; Winner: Bahar Muscat, Antonio Fresu, Ibrahim Al Hadhrami
7.30pm: Wadi Tayyibah – Maiden (TB) Dh80,000 (T) 1,600m; Winner: Poster Paint, Patrick Cosgrave, Bhupat Seemar
The specs
Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
Torque: 405Nm at 1,750-3,500rpm
Transmission: 9-speed auto
Fuel consumption: 6.9L/100km
On sale: Now
Price: From Dh117,059
Famous left-handers
- Marie Curie
- Jimi Hendrix
- Leonardo Di Vinci
- David Bowie
- Paul McCartney
- Albert Einstein
- Jack the Ripper
- Barack Obama
- Helen Keller
- Joan of Arc
Take Me Apart
Kelela
(Warp)
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
F1 The Movie
Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Director: Joseph Kosinski
Rating: 4/5
The Voice of Hind Rajab
Starring: Saja Kilani, Clara Khoury, Motaz Malhees
Director: Kaouther Ben Hania
Rating: 4/5
Final scores
18 under: Tyrrell Hatton (ENG)
- 14: Jason Scrivener (AUS)
-13: Rory McIlroy (NIR)
-12: Rafa Cabrera Bello (ESP)
-11: David Lipsky (USA), Marc Warren (SCO)
-10: Tommy Fleetwood (ENG), Chris Paisley (ENG), Matt Wallace (ENG), Fabrizio Zanotti (PAR)
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Results
Ashraf Ghani 50.64 per cent
Abdullah Abdullah 39.52 per cent
Gulbuddin Hekmatyar 3.85 per cent
Rahmatullah Nabil 1.8 per cent
Brief scoreline:
Al Wahda 2
Al Menhali 27', Tagliabue 79'
Al Nassr 3
Hamdallah 41', Giuliano 45 1', 62'
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
'Unrivaled: Why America Will Remain the World’s Sole Superpower'
Michael Beckley, Cornell Press
match info
Manchester United 3 (Martial 7', 44', 74')
Sheffield United 0
The candidates
Dr Ayham Ammora, scientist and business executive
Ali Azeem, business leader
Tony Booth, professor of education
Lord Browne, former BP chief executive
Dr Mohamed El-Erian, economist
Professor Wyn Evans, astrophysicist
Dr Mark Mann, scientist
Gina MIller, anti-Brexit campaigner
Lord Smith, former Cabinet minister
Sandi Toksvig, broadcaster
The rules on fostering in the UAE
A foster couple or family must:
- be Muslim, Emirati and be residing in the UAE
- not be younger than 25 years old
- not have been convicted of offences or crimes involving moral turpitude
- be free of infectious diseases or psychological and mental disorders
- have the ability to support its members and the foster child financially
- undertake to treat and raise the child in a proper manner and take care of his or her health and well-being
- A single, divorced or widowed Muslim Emirati female, residing in the UAE may apply to foster a child if she is at least 30 years old and able to support the child financially
EMERGENCY PHONE NUMBERS
Estijaba – 8001717 – number to call to request coronavirus testing
Ministry of Health and Prevention – 80011111
Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre
Emirates airline – 600555555
Etihad Airways – 600555666
Ambulance – 998
Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries
RESULTS
Manchester United 2
Anthony Martial 30'
Scott McTominay 90 6'
Manchester City 0
MEYDAN CARD
6.30pm Al Maktoum Challenge Round-1 Group One (PA) US$65,000 (Dirt) 1,600m
7.05pm Handicap (TB) $175,000 (Turf) 1,200m
7.40pm UAE 2000 Guineas Trial Conditions (TB) $100,000 (D) 1,600m
8.15pm Singspiel Stakes Group Two (TB) $250,000 (T) 1,800m
8.50pm Handicap (TB) $135,000 (T) 1,600m
9.25pm Al Maktoum Challenge Round-1 Group Two (TB) $350,000 (D) 1,600m
10pm Dubai Trophy Conditions (TB) $100,000 (T) 1,200m
10.35pm Handicap (TB) $135,000 (T) 1,600m
The National selections:
6.30pm AF Alwajel
7.05pm Ekhtiyaar
7.40pm First View
8.15pm Benbatl
8.50pm Zakouski
9.25pm: Kimbear
10pm: Chasing Dreams
10.35pm: Good Fortune
Walls
Louis Tomlinson
3 out of 5 stars
(Syco Music/Arista Records)
The%20specs
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The%C2%A0specs%20
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Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
Why your domicile status is important
Your UK residence status is assessed using the statutory residence test. While your residence status – ie where you live - is assessed every year, your domicile status is assessed over your lifetime.
Your domicile of origin generally comes from your parents and if your parents were not married, then it is decided by your father. Your domicile is generally the country your father considered his permanent home when you were born.
UK residents who have their permanent home ("domicile") outside the UK may not have to pay UK tax on foreign income. For example, they do not pay tax on foreign income or gains if they are less than £2,000 in the tax year and do not transfer that gain to a UK bank account.
A UK-domiciled person, however, is liable for UK tax on their worldwide income and gains when they are resident in the UK.
Brief scoreline:
Manchester United 2
Rashford 28', Martial 72'
Watford 1
Doucoure 90'
KINGDOM%20OF%20THE%20PLANET%20OF%20THE%20APES
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Wes%20Ball%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Owen%20Teague%2C%20Freya%20Allen%2C%20Kevin%20Durand%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E3.5%2F5%3C%2Fp%3E%0A
Jetour T1 specs
Engine: 2-litre turbocharged
Power: 254hp
Torque: 390Nm
Price: From Dh126,000
Available: Now
Profile of Bitex UAE
Date of launch: November 2018
Founder: Monark Modi
Based: Business Bay, Dubai
Sector: Financial services
Size: Eight employees
Investors: Self-funded to date with $1m of personal savings
MATCH DETAILS
Liverpool 2
Wijnaldum (14), Oxlade-Chamberlain (52)
Genk 1
Samatta (40)
UAE currency: the story behind the money in your pockets
Quick%20facts
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Fitness problems in men's tennis
Andy Murray - hip
Novak Djokovic - elbow
Roger Federer - back
Stan Wawrinka - knee
Kei Nishikori - wrist
Marin Cilic - adductor
Manchester United v Club America
When: Thursday, 9pm Arizona time (Friday UAE, 8am)
KILLING OF QASSEM SULEIMANI
The chef's advice
Troy Payne, head chef at Abu Dhabi’s newest healthy eatery Sanderson’s in Al Seef Resort & Spa, says singles need to change their mindset about how they approach the supermarket.
“They feel like they can’t buy one cucumber,” he says. “But I can walk into a shop – I feed two people at home – and I’ll walk into a shop and I buy one cucumber, I’ll buy one onion.”
Mr Payne asks for the sticker to be placed directly on each item, rather than face the temptation of filling one of the two-kilogram capacity plastic bags on offer.
The chef also advises singletons not get too hung up on “organic”, particularly high-priced varieties that have been flown in from far-flung locales. Local produce is often grown sustainably, and far cheaper, he says.
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates