One of the most dangerous and infectious diseases that the year 2020 has witnessed is corona virus disease. It is popularly known as covid 19 pandemic and has caused different levels of problems and challenges all around the world. Some of these challenges that the covid 19 has brought, are lack of financial resources and medical facilities to treat the covid patients, lack of infrastructural facilities, lack of financial packages and stimulus from the government and mental health issues amongst the general public and most importantly, amongst the covid patients. Industries and manufacturing units have been shut down for months and the casual labour and workers became unemployed. This global problem has not only hit the daily-wage workers and labourers but has also impacted the managers and top level white collared employees. It is on this background that this paper proposes to study the impact of this disease on different sectors of the economy worldwide. Industries such as energy, agriculture, ecommerce, manufacturing, defense and stock markets are studies and an overview of the financial and economic condition in India and other countries have been mentioned