Nobel 2012 Summary

THE NOBEL PRIZE IN PHYSICS
Serge Haroche, David J. Wineland
The Nobel Prize in Physics 2012 was awarded jointly to Serge Haroche and David J. Wineland "for ground-breaking experimental methods that enable measuring and manipulation of individual quantum systems"

THE NOBEL PRIZE IN CHEMISTRY
Robert J. Lefkowitz, Brian K. Kobilka
The Nobel Prize in Chemistry 2012 was awarded jointly to Robert J. Lefkowitz and Brian K. Kobilka "for studies of G-protein-coupled receptors"

THE NOBEL PRIZE IN PHYSIOLOGY OR MEDICINE
Sir John B. Gurdon, Shinya Yamanaka
The Nobel Prize in Physiology or Medicine 2012 was awarded jointly to Sir John B. Gurdon and Shinya Yamanaka "for the discovery that mature cells can be reprogrammed to become pluripotent"

THE NOBEL PRIZE IN LITERATURE
Mo Yan
Mo Yan "who with hallucinatory realism merges folk tales, history and the contemporary"

THE NOBEL PEACE PRIZE
European Union (EU)
European Union (EU) "for over six decades contributed to the advancement of peace and reconciliation, democracy and human rights in Europe"

THE PRIZE IN ECONOMIC SCIENCES
Alvin E. Roth and Lloyd S. Shapley
Alvin E. Roth and Lloyd S. Shapley "for the theory of stable allocations and the practice of market design".

Source: http://www.nobelprize.org

India, Australia discuss uranium exports

An important high-level meeting between India and Australia was held in New Delhi. At the meeting, Prime Minister Mr. Manmohan Singh and his visiting Australian counterpart Julia Gillard held talks on strengthening economic and strategic ties and explore cooperation in civil nuclear energy. The two leaders also discussed about Australia’s decision to overturn a long standing ban on exporting uranium to countries that have not signed the Nuclear Nonproliferation Treaty. India has not signed the treaty. Australia has 40 per cent of the world’s known uranium reserves.

RBI panel on financial inclusion

To spearhead the efforts to bring the entire population under the banking network, Reserve Bank of India (RBI), announced setting up of Financial Inclusion Advisory Committee (FIAC). It will be led by the RBI Deputy Governor K.C Chakrabarty. The panel is expected to ensure that financial inclusion and financial stability move in tandem.