ABEL PRIZE

• The Abel Prize for mathematics was awarded to Argentine-American Luis Caffarelli.
• He is an expert in “partial differential equations” which can explain phenomena ranging from how water flows to population growth.
• This type of equation models how several variables change with respect to each other, and play a prominent role in engineering, physics, economics and biology.

About the Abel Prize:

• The Abel Prize is awarded annually by the King of Norway to outstanding mathematicians.
• It is named after the Norwegian mathematician Niels Henrik Abel (1802–1829) and are modeled after the Nobel Prizes
• Srinivasa S. R. Varadhan was awarded the prize for his fundamental contributions to probability theory and in particular for creating a unified theory of large deviation.
• He is the first and only Indian to win Abel Prize.

SOURCE: THE HINDU, THE ECONOMIC TIMES, PIB