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Weekly News Roundup: March 13, 2026

The Kiran Nadar Museum of Art has commissioned artist Nalini Malani for a collateral exhibition at the 2026 Venice Biennale, titled 'Of Woman Born'. Art Collaboration Kyoto announced a shift from a single director to a seven-member leadership committee. Australian artist Datsun Tran won the 2026 Glover Prize for his landscape work 'The giants are falling'. New York Mayor Zohran Mamdani appointed Diya Vij as commissioner of the city's Department of Cultural Affairs.

The Great Indian Art Mafia

The Indian art market has undergone a dramatic transformation, shifting from a selective market with works priced between Rs 5-25 crore to a high-stakes arena where record-breaking sales are now common. Between 2023 and 2025, multiple works crossed the Rs 50-100 crore threshold, with M.F. Husain's 'Gram Yatra' (1954) achieving the highest price to date at approximately Rs 118 crore, acquired by the Kiran Nadar Museum of Art. The market has expanded to over Rs 3,000 crore, with projections of Rs 10,000 crore by 2030.

paint drippings art industry news feb 2 spanish dealers 2742104

A series of significant developments occurred across the global art industry this week. Expo Chicago announced a scaled-back edition under new director Kate Sierzputowski, while the Outsider Art Fair revealed its exhibitor list. A long-lost Renaissance portrait by Sofonisba Anguissola resurfaced at the Winter Show. Christie's will sell the collection of the late MoMA trustee Barbara Jakobson, featuring works by Jeff Koons and others. Bonhams made a key hire, and Sotheby's priced a major art-backed securitization. In gallery news, Alissa Friedman returned to Salon 94, Mary Cork joined Lehmann Maupin London, and several artists gained new representation, while New York's Francis Irv gallery announced its closure.

louvre abu dhabis manuel rabate tapped to lead indias largest private museum 1234771711

Manuel Rabaté, the inaugural director of Louvre Abu Dhabi, has been appointed as the first chief executive and director of the Kiran Nadar Museum of Art (KNMA) in New Delhi. He will lead the institution as it prepares to move from its current location in a shopping mall to a massive new purpose-built complex designed by David Adjaye Associates, which is slated to open within three years.

Louvre Abu Dhabi director Manuel Rabaté leaves to head India’s largest private art museum

Manuel Rabaté, the inaugural director of the Louvre Abu Dhabi since 2016, has been appointed as the first chief executive and director of the Kiran Nadar Museum of Art (KNMA) in New Delhi. He will step down from his current role on March 7 and join the Indian museum in the first half of this year.