As part of its continuing efforts to keep the system with adequate liquidity, the Reserve Bank on Thursday held an open market operation (OMO) auction for Rs 15,000 crore.
Rare paintings, exquisite wrist watches and luxury cars belonging to fugitive diamantaire Nirav Modi will be auctioned next month, auction house Saffronart said on Wednesday.
The lots going under the hammer in two separate auctions would include major artworks by top contemporary and modern Indian artists, coveted luxury watches, handbags and cars. Leading the pack in the sale are works by M. F. Husain, Amrita Sher-Gil.
Original artwork by Banksy, the acclaimed anonymous British street artist, will be auctioned in Australia to raise money for bushfire relief, it was reported on Thursday.
Former Andhra Pradesh Chief Minister N. Chandrababu Naidu's wife N. Bhuvaneswari on Wednesday contributed her gold bangles for the ongoing movement by farmers to demand continuation of Amaravati as the capital.
A total of Rs 15.13 crore were raised from the auction of mementos and gifts presented to Prime Minister Narendra Modi in the last five years. The declaration was made by the Culture Ministry in the Parliament on Tuesday.
The Kingfisher House -- the erstwhile headquarters of the defunct Kingfisher Airlines Ltd. (KAL) - owned by absconding liquor baron Vijay Mallya, will be up for auction again. The 8th time in barely three years.
The I-T Department has auctioned a flat at a posh south Mumbai locality for over Rs 12 crore in the process to recover multi-crore dues of late Win Chadha, an alleged middleman whose name cropped up in the Bofors deal case.
The objects also include Gibeon Meteorites that landed on landed on Earth thousands of years ago when a wandering iron mass slammed exploded and rained down in the Kalahari Desert in Nambia.
Egypt has earlier demanded the bust's auction to be stopped. The 28-cm high sculpture carries facial features of King Tutankhamun, one of the most famous Egyptian Pharaohs, who reigned between 1333 BC and 1323 BC. The auction had dismissed these concerns, saying the bust had previously been on public exhibition without objection.
Properties worth about Rs 100 crore owned by actor-turned politician A. Vijayakanth, his wife V. Premalatha and his educational trust has been put on auction by the Indian Overseas Bank (IOB) for non-payment of a Rs 5.52 crore loan.
The sale took place at the Sotheby's auction house on Monday. Going under the hammer was the "Coups de Coeur: The Guy and Helen Barbier Family Collection", an offering of 29 artworks from one of the finest collections of 20th century Indian art in private hands.
Nearly 400 Indian royal artefacts -- including a diamond encrusted sword hilt of Maharaja Jagatjit Singh of Kapurthala, natural pearl necklace belonging to Rajmata Gayatri Devi and a jade hilted dagger of Mughal king Shah Jahan, would go under the hammer here next month.
Auctioneers say the sale is the first of its kind in a country where tax authorities have usually auctioned property, gold and luxury items, but not art.
The two-page letter, dated January 3, 1954, was written to German philosopher Eric Gutkind, who had sent Einstein a copy of his book "Choose Life: The Biblical Call To Revolt".
The motorized chair, used by Hawking after he was paralyzed with motor neuron disease, raised 296,750 pounds in a Christie’s online auction.
The 2006 artwork by street artist Banksy, which shows a girl reaching towards a heart-shaped balloon, got sold for £1.042mn.
Pakistan's debt and liabilities rose sharply to nearly Rs 30 trillion or 87 per cent of total size of the economy at the end of previous fiscal year, according to media reports.
The artefacts on offer range from those associated with Armstrong's historic 1969 lunar landing to his private mementos, reports Xinhua news agency.
The licensing rights have been granted for a period of 33 years.