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Nobel Prize

About Nobel Prize

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What is Nobel Prize?

Nobel Prize is a prestigious prize awarded separately in six different fields “to those who, during the preceding year, have conferred the greatest benefit to humankind”. Originally, the prize was awarded in the fields of Physics, Chemistry, Physiology or Medicine, Literature, and Peace. The Peace Prize was characterised as “to the person who has done the most or best to advance fellowship among nations, the abolition or reduction of standing armies, and the establishment and promotion of peace congresses". Later in 1968, a sixth prize was added in the field of economic sciences. The Prize is officially not a Nobel Prize but it is called as "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel". It was established by Sveriges Riksbank (Sweden’s central bank).

How and when the Nobel Prize was established?

Alfred Nobel, a Swedish scientist, signed his last will and testament on 27 November, 1895, giving most of his fortune to prizes in Physics, Chemistry, Physiology or Medicine, Literature and Peace.
 
Nobel was a Swedish chemist, engineer, and industrialist who is most famous for inventing dynamite. He was born in Stockholm, Sweden, on 21 October 1833. He was fluent in many languages and had interests in poetry and drama. It is said that he was very interested in peace-related issues and held views, which were considered radical during his time. He died in 1896. In his will, he gave most of his assets for the establishment of five prizes, which later became Nobel Prizes.
 
The first Nobel Prize was given on 10 December, 1901.
 

Nobel Prize award money

The award winners are also given a sum of money. The award money has increased over the years and currently stands at $1.1 million per prize.
 

 Nobel Prize facts

The prizes have been awarded 603 times, including the Prize in Economic Sciences till February 2021. A total of 962 individuals and 28 organisations have received the award. Some have received the award more than once, which makes it 930 individuals and 25 unique organisations.
 

Nobel Prize to women

A total of 57 women have been honoured with the award since 1901. The first was Marie Curie and she won the award twice, the only woman to have won it more than once.
 

The Nobel Prize insignias

At the ceremony for the Nobel Prize, the Nobel Laureates receive three things - a Nobel diploma, a Nobel Medal and a document confirming the Nobel Prize amount. The medals and the diplomas are created by famous Swedish and Norwegian artists.

Latest Updates on Nobel Prize

Many machine learning algorithms start with humans "teaching" them the already known, and then letting the algo loose on existing data where it may find new patterns

Updated On: 01 Nov 2024 | 11:10 PM IST

Why Colonial Origins of Comparative Development is Nobel-worthy

Updated On: 15 Oct 2024 | 10:50 PM IST

Nobel Prize 2024 in Economic Sciences: Acemoglu, Johnson, and Robinson's research delves into the formations of different political and economic institutions and how they affect a nation's prosperity

Updated On: 14 Oct 2024 | 10:16 PM IST

Three high school students accompanied Mimaki at the city hall, stood by him as the prize winner was announced, and promised to keep their activism alive

Updated On: 12 Oct 2024 | 12:05 PM IST

Nihon Hidankyo is a grassroots movement of atomic bomb survivors from Hiroshima and Nagasaki, known as Hibakusha.

Updated On: 11 Oct 2024 | 10:17 PM IST

Kang, 53, won the International Booker Prize in 2016 for The Vegetarian, an unsettling novel in which a woman's decision to stop eating meat has devastating consequences

Updated On: 10 Oct 2024 | 8:09 PM IST

Former Google researcher Geoffrey Hinton, meanwhile, won the Nobel prize for physics on Tuesday, alongside US scientist John Hopfield, for earlier discoveries in machine learning

Updated On: 10 Oct 2024 | 3:03 PM IST

The prize was also the second this week to involve artificial intelligence, highlighting the technology's growing significance in scientific research

Updated On: 09 Oct 2024 | 11:15 PM IST

Honoured for neural nets, Hopfield and Hinton's Nobel raises questions on awarding contributions outside traditional physics

Updated On: 09 Oct 2024 | 10:52 PM IST

The Nobel Prize in Chemistry 2024 was awarded in two parts: one to David Baker, and the other jointly to Demis Hassabis and John Jumper, for their contributions to decoding the protein structure

Updated On: 09 Oct 2024 | 4:59 PM IST

Hopfield's research is carried out at Princeton University and Hinton works at the University of Toronto

Updated On: 08 Oct 2024 | 3:39 PM IST

The prize was awarded for their discovery of microRNA and its role in regulating genes after transcription

Updated On: 07 Oct 2024 | 3:58 PM IST

The prize week coincides with the Oct 7 anniversary of the Hamas-led attacks on Israel, which began a year of bloodshed and war across the West Asia

Updated On: 04 Oct 2024 | 11:34 PM IST

Nobel laureate Muhammad Yunus, 84, on Thursday took oath as the head of an interim government, replacing Sheikh Hasina who abruptly resigned and fled to India leaving the country in turmoil

Updated On: 09 Aug 2024 | 11:29 AM IST

Amid crisis, Bangladesh President Mohammed Shahabuddin announced that Muhammad Yunus was appointed as the leader of Bangladesh's interim government

Updated On: 08 Aug 2024 | 12:33 PM IST

Sen received the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel in 1998 for his contributions to welfare economics and social choice theory

Updated On: 14 Jul 2024 | 1:01 PM IST

The prize, established in 2009 by the charity English PEN, defends freedom of expression and celebrates literature in memory of Nobel-Laureate playwright Harold Pinter

Updated On: 28 Jun 2024 | 12:13 AM IST

Wu claimed Mo's books have smeared the Chinese Communist Party's reputation, beautified enemy Japanese soldiers and insulted former revolutionary leader Mao Zedong

Updated On: 13 Mar 2024 | 12:04 PM IST

Compassion is going to be the new culture of world and the youth is going to take it forward, Nobel Peace laureate Kailash Satyarthi said on Monday.

Updated On: 11 Mar 2024 | 3:43 PM IST

The eminent economist noted that India has successfully developed, by far, the best digital economy and financial architecture in the world

Updated On: 15 Feb 2024 | 8:47 PM IST