India, Oct. 8 -- Hit by deep cuts in the UK government's funding for the arts, the British Museum will host a fund-raising inaugural Ball on the lines of New York's fabled Met Gala on October 18 which will be co-hosted by arts patron and businesswoman Isha Ambani.

The British Museum which has in its collection artefacts like the Rosetta Stone and the bronze sculpture of the bodhisattva Tara from Sri Lanka, has already been hosting an exhibition since May called, 'Ancient India: Living Traditions' which has been supported by the Reliance Foundation and which concludes on October 19. The theme of the inaugural ball, drawing "inspiration from the colours and light of India," is pink, but a very particular shade of it, as the British Museum ...