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Total 3 results found. Search for [ Abhijit Banerjee at nobel prize ceremony ]

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BusinessToday.In
New Delhi, December 12, 2019
Cabinet approves amendments to streamline Insolvency and Bankruptcy CodeThe Union Cabinet has approved certain amendments to the Insolvency and Bankruptcy Code (IBC) during its meeting on Wednesday. The changes in bankruptcy law are meant to help investment in troubled sectors, protect corporate debtors, and to prevent ill-thought-out triggering of bankruptcy proceedings. The amendments also ensure that the foundation of a corporate debtor's business remains safeIndian banks seek ...


BusinessToday.In
New Delhi, December 11, 2019
Indian-American economist Abhijit Banerjee, along with wife Esther Duflo, received the Nobel Prize in economics in Sweden along with a colleague Michael Kremer. The trio was awarded honour for their research on the root cause of poverty.At the ceremony, Abhijit Banerjee was seen in a black bandhgala and off-white dhoti while Duflo was seen in a handloom saree. Their friend and fellow Nobel Laureate Michael Kremer sported a black suit. The three economists were awarded medals at the ceremony and will also share the prize money of nine million Swedish krona (Rs 6.7 crore) among themselves. Banerjee, who was born in Mumbai, is the second Indian-origin economist after Amartya Sen to win the Nobel Prize in economics. Banerjee is also an alumnus of Kolkata's Presidency College alumni like Amartya Sen. Abhijit Banerjee and wife Esther Duflo are professors of economics at the Massachusetts Institute of Technology (MIT) while Kremer is a professor of economics at Harvard University.


BusinessToday.In
New Delhi, December 11, 2019
The Royal Swedish Academy of Sciences awarded Banerjee, his wife Esther Duflo, and Michael Kremer for their experimental approach to alleviating global poverty


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