Explore Business Standard
Nobel Literature Prize
His writing won China's first Nobel Prize for Literature, but is it patriotic enough for Xi Jinping's China? That's the question at the center of a high-profile lawsuit now driving a debate about nationalism in China. Patriotic campaigns have become more common in recent years in China, as online nationalists attack journalists, writers or other public figures they say have offended the country's dignity, but it is unusual for a figure as prominent as Mo Yan to be targeted. Patriotic blogger Wu Wanzheng, who goes by Truth-Telling Mao Xinghuo online, sued under a law that carries civil penalties and, in some cases, criminal punishments for perceived offenses against China's heroes and martyrs. Wu claimed Mo's books have smeared the Chinese Communist Party's reputation, beautified enemy Japanese soldiers and insulted former revolutionary leader Mao Zedong. The lawsuit filed last month demands that the author apologize to all Chinese people, the country's martyrs and Mao, and pay dama
The Nobel Foundation said Friday that it will raise the award amount for this year's Nobel Prizes by 1 million kronor (USD 90,000) to 11 million kronor (USD 986,270) as the Swedish currency has plummeted recently. "The Foundation has chosen to increase the prize amount because it is financially viable to do so, it said in a brief statement. The rapid depreciation of the Swedish currency has pushed it to its lowest level ever against the euro and the US dollar. Sweden has been struggling with high inflation it was 7.5 per cent in August, down from 9.3 per cent in July, far from the 2 per cent target set by the Riksbank, Sweden's central bank. When the first Nobel Prizes were awarded in 1901, the prize amount was 150,782 kronor per category, the foundation said. Over the past 15 years, the amount has been adjusted several times, it said. In 2012, it was reduced from 10 million kronor to 8 million kronor as a broad-based program to strengthen the Nobel Foundation's finances was ...
Acclaimed Mumbai-born author Salman Rushdie, who was stabbed onstage at a literary event in New York two months ago, is tipped by bookmakers as one of the favourites to win this year's Nobel prize for literature on Thursday, a media report said on Tuesday. Rushdie, known for his feisty and defiant humour, and the author of the controversial Satanic Verses', was stabbed in the neck and stomach onstage at an event at the Chautauqua Institution in western New York in August this year. Betting site Nicer Odds, which compares odds from a number of bookmakers, showed that the lowest odds for Rushdie winning were 13/2 on Tuesday, according to The Guardian newspaper. This year's award will be announced on Thursday and goes to the person who shall have produced in the field of literature the most outstanding work in an ideal direction. The award is decided by the Swedish Academy, a group of 18 people who consist of Swedish writers, linguists, literary scholars, historians and a prominent ..
The beginning of October means Nobel Prize season. Six days, six prizes, new faces from around the globe added to the world's most elite roster of scientists, writers, economists and human rights leaders. This year's Nobel season kicks off Monday with the medicine award, followed by daily announcements: physics on Tuesday, chemistry on Wednesday and literature on Thursday. The 2022 Nobel Peace Prize will be announced on Friday and the economics award on Oct 10. Here are five other things to know about the coveted prizes: WHO CREATED THE NOBEL PRIZES? The prizes in medicine, physics, chemistry, literature and peace were established by the will of Alfred Nobel, a wealthy Swedish industrialist and the inventor of dynamite. The first awards were handed out in 1901, five years after Nobel's death. Each prize is worth 10 million kronor (nearly $900,000) and will be handed out with a diploma and gold medal on Dec. 10 -- the date of Nobel's death in 1896. The economics award - officially