Nobel Foundation

Nobel laureates to visit Indian universities in new initiative

Two Nobel laureates, whose names are to be finalised soon, will travel to India and several universities will be drafted to absorb the inspiration behind the annual Nobel awards" the report added

Austerity forces 20% cut in Nobel Prize money

Nobel Prize will not be the worth as much as it used to be, after the Nobel foundation announced a 20 percent slash in the value of its prestigious prizes this year.

Nobel cuts prize money after years of overspending

The foundation said in a statement that costs had exceeded returns from interest and investments on the capital over the past decade.