India’s stock market, like its peers across the world, is no stranger to sudden trading halts due to technical glitches. On Thursday, India’s second-biggest exchange operator BSE halted trading across all its segments due to a network outage. Trading on the NSE bourse was not affected.
The three-hour outage was the longest in recent memory and follows three earlier outages in a year that has seen stocks scale fresh peaks on expectations of economic revival from a new government.
‘The Body in Indian Art’, on exhibit at the National Museum in New Delhi, is a pan-India project showcasing over 300 artworks from 44 institutions. The show is an exhaustive study of the body’s myriad representations in Indian art, roughly covering a period of 4,000 years across regions, religion and culture.
The exhibition has been put up in eight adjoining galleries, each with a specific theme such as death, birth, divinity or rapture.
Dada (2010-13) (grandfather)
Artist Subodh Gupta’s exhibition in New Delhi features images from everyday Indian life on a grand and theatrical scale. The cycle rickshaw, the sewing machine, utensils and the Mumbai taxi are some of the motifs that dominate his work in ‘Everything is Inside’.
The show, on view at the National Gallery of Modern Art in New Delhi, is an artist’s journey to the “inside” of his home and his roots. His preoccupation with utensils stems from his passion for cooking. And in ‘Bihari’, painted around the time he moved to Delhi in the 1990’s, the 50-year-old artist seeks to assert his regional identity.
Rana Dasgupta’s first non-fiction book is an investigation into what makes Delhi a city of unequal transformation, salted with ambition, aggression and misogyny. “Capital: A Portrait of Twenty-First Century Delhi” takes its shape from an “outsider’s” anxiety about not being able to understand a city that is primarily the by-product of refugees from India’s partition in 1947.
Dasgupta, 42, was born and raised in England, and belongs to a family of migrants whose roots are in the Lahore of British India, now Pakistan. In 2000, he flew to Delhi after quitting a marketing job in New York and fell “into one of the great churns of the age”.
At the sixth edition of the India Art Fair, there were probably half as many photographers as there were makeshift art galleries from different parts of the world. For a photographer, a visit to an art fair of a global scale can be awe-inspiring, overwhelming and baffling at the same time.
As I walked through the many stalls in the sprawling grounds of a south Delhi suburb, I asked myself a question: how do I capture someone else’s story, one that is already etched on a canvas or an installation?
After registering record closing highs, the BSE Sensex ended with small weekly gains as the index fell sharply on Friday after the RBI governor’s strong comments on inflation dented sentiment.
Raghuram Rajan called inflation a “destructive disease” on Thursday. Earlier in the week, a panel recommended that the RBI should make managing inflation its main policy objective and set monetary policy by committee.
The BSE Sensex posted a third consecutive weekly fall, closing nearly 1 percent lower amid persisting worries over the slowdown in foreign investors’ buying into Indian shares.
Data shows FIIs sold shares worth $9.5 million on Thursday, snapping a 32-day buying streak as minutes from the last U.S. Federal Reserve meeting showed a decision on tapering its bond-buying programme may be taken at one of its next few meetings.
Folk singer Reshma was born in 1947, the historic year when India and Pakistan gained independence from British rule. She was born in India, but her family migrated to Pakistan when she was a month old. Small wonder, then, that Reshma’s unconventionally husky voice won admirers on both sides of the international border.
Reshma, who died earlier this week after a battle with throat cancer, was best known for her distinctive rendition of Punjabi folk songs. For her fans, she was the “Nightingale of the Desert” and her death at the age of 66 was a fresh blow to the arts in Pakistan, coming a year after ghazal singer Mehdi Hassan’s death.
Hurt by profit-taking in blue chips, the BSE Sensex posted its worst weekly decline since August as it lost 2.7 percent in a holiday-truncated week.
On Thursday, shares were hurt after ratings agency Standard & Poor’s said it will review the rating of Asia’s third-largest economy after the new government lays out its policy agenda next year. The agency’s outlook on rating remains negative.
Every fall, people gather in Delhi’s Mehrauli area for the “Procession of the Florists,” a festival to commemorate the return from exile of a 19th-century prince who crossed India’s British colonial rulers.
The “Phool Walon ki Sair,” as it is called in Hindi and Urdu, features the offering of a “chaadar” or a “sheet” of flowers at a Muslim shrine and floral “pankhas” or fans at a nearby Hindu temple but after nearly 200 years, its popularity is fading.