American economists Paul Milgrom and Robert Wilson are awarded the Nobel Prize in Economics for their work on auction theory.

The Rome-based organisation provided assistance to almost 100 million people in 88 countries around the world last year.

The Nobel Committee said that the coronavirus pandemic has added to the hunger faced by millions of people around the world.

Louise Glück's poetry is “characterized by a striving for clarity," often focusing on childhood and family life, and close relationship with parents and siblings, it said.

Authors often mentioned as contenders include Kenya's Ngugi Wa Thiong'o, Canadian poet Anne Carson and Japanese novelist Haruki Murakami.

The prestigious award comes with a gold medal and prize money of 10 million krona (more than $1.1 million)

Announcing the prize in Stockholm on Monday, the Nobel Committee noted that the trio's work helped explain a major source of blood-borne hepatitis that couldn't be explained by the hepatitis A and B viruses.

On Tuesday, Abhijit Banerjee became only the second Indian to receive Nobel Prize in Economics.

On December 10, Abhijit Banerjee, Esther Duflo and Michael Cremar will be honoured at the Stockholm Concert Hall, and all eyes are now set on what this year's laureates will be gifting the museum.

Esther Duflo says fear of migration is often made worse by governments who want to be seen to be doing something about the problem.

Pyush Goyal commented in a dismissive fashion after it was announced that the Sveriges Riksbank Prize in economics set up in memory of Alfred Nobel was awarded to Esther Duflo, husband Abhjit Banerjee, and Michael Kremer.

Speaking about the Ayushman Bharat scheme, Banerjee said it was needed since 'healthcare expenses wipe families out', adding, 'we need to find ways so that families don't lose all their assets when somebody falls sick.'

Nobel Laureate Abhijit Banerjee was awarded the Nobel jointly with his wife Esther Duflo and another economist Michael Kremer for "experimental approach to alleviating global poverty".

Nobel Laureate Abhijit Banerjee recently said the Indian economy is on shaky ground, adding data currently available does not hold any assurance for the country's economic revival anytime soon.

With the 2019 Nobel Prize in Economics going to a trio of economists, Abhijit Banerjee, Esther Duflo and Michael Kremer, who have spent their life analysing global poverty, hunger and malnutrition, the problem of a billion hungry people—one-third being Indians—the power of hope is real.

'Ideas are powerful. Ideas drive change. Good economics alone cannot save us. But without it, we are doomed to repeat the mistakes of yesterday.'

Indian-American Abhijit Banerjee was awarded the 2019 Nobel Prize for Economics.

Indian-American Abhijit Banerjee won the 2019 Nobel Prize for Economics jointly with his wife Esther Duflo and another economist Michael Kremer.

Abhijit Banerjee is currently the Ford Foundation International Professor of Economics at the Massachusetts Institute of Technology.

Ethiopian Prime Minister Abiy Ahmed Ali has been awarded Nobel Peace Prize 2019 for his efforts to achieve peace and international cooperation, and in particular for his decisive initiative to resolve the border conflict with neighbouring Eritrea.