Nobel Prize For Economics Announced To 3 US-Based Economists
The Nobel Prize in economic sciences for year 2022 has been awarded to three U.S.-based economists "for research on banks and financial crises." The Swedish Academy announced the last Nobel Prize Award on October 10, to Ben S. Bernanke, Douglas W. Diamond and Philip H. Dybvig. Notably, Nobel prizes carry a cash award of 10 million Swedish kronor (nearly $900,000) and will be handed out on Dec. 10.
Tags: Nobel Prize, Economists, US Based Winners, Swedish Academy, Prize
Courtesy: The Free Press Journal
India To Become Largest Economy Globally, Says Economic Experts
India will be the third largest economy nation by 2030, analysed economists. Recently, India overtook the United Kingdom as the fifth largest economy in the world, and if continues will be in the third position. Arvind Virmani, the Chief Economic Advisor said, "India is moving up the power scale". Furthermore, with this progress in economy, this is the second time India has beaten the UK, the first being in 2019.
Tags: Largest Economy, Economists, Indian Business, United Kingdom, Globally