Nobel Prize in Literature 2025: Hungarian novelist László Krasznahorkai has been awarded the 2025 Nobel Prize in Literature, the Swedish Academy announced on Thursday. The prestigious honour carries a cash award of 11 million Swedish crowns (approximately USD 1.2 million). Krasznahorkai, known for his dense, visionary prose and philosophical themes, was recognised “for his compelling and visionary oeuvre that, in the midst of apocalyptic terror, reaffirms the power of art,” said Mats Malm, Permanent Secretary of the Swedish Academy. The Nobel Prizes, established through the will of Swedish inventor and businessman Alfred Nobel, have been awarded since 1901 across categories including literature, peace and the sciences. Over the decades, the Literature Prize has honoured some of th

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