Season of Nobel Prize has arrived with lot of excitement all over the world. Nobel Prize has a great history and is a prestigious award for the intellectual achievements globally. Nobel prizes were awarded annually from the fund by the Swedish inventor and industrialist Alfred Bernhard Nobel.
Nobel prizes were awarded in the fields of Medicine, Physics, Chemistry, Economics, Literature and Peace.In this year 2016 scientists who worked on various themes got awarded their novel discoveries.In the field of Physiology or Medicine, the award was bagged by Japanese cell biology scientist Yoshinori Ohsumi for his discoveries and studies on “Autophagy”.Scientists, David J Thouless, J Michael Kosterlitz and F Duncan Haldane and received Nobel Prize mysteries in phases of matter. Nobel Prize in Chemistry was shared by Jean-Pierre Sauvage, Sir J. Fraser Stoddart and Bernard L. Feringa for the development of design and synthesis of nanoscale molecular machines.Contract theoryby Oliver Hart and Bengt Holmström is awarded prize in Economics. Bob Dylan was awarded in Literature for his new poetic expressions within the American song tradition. Juan Manuel Santos received Nobel Peace prize.