Bernanke shares Nobel for research on banks

This year’s Nobel Prize in economic sciences has been awarded to the former chair of the U.S. Federal Reserve, Ben S. Bernanke, and two U.S.-based economists, Douglas W. Diamond and Philip H. Dybvig, “for research on banks and financial crises.”

Kim oversaw recent nuclear drills, says N Korea

North Korean leader Kim Jong-un oversaw the country’s tactical nuclear operation training that was held over the past few days, the state news agency reported on Monday as it released photos of Kim inspecting a missile launch at an undisclosed location in the country.

Modi lays foundation of airport says ‘double-engine’ growth

Prime Minister Narendra Modi on Monday highlighted the development of Gujarat’s Bharuch as he laid the foundation stone of a new airport in the region and said there would be a new momentum to growth due to the “double engine” government in the state.