Coronavirus disease 2019 (COVID-19) is sickness initiated by a novel coronavirus now called severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2).Which was first identified during an occurrence of breathing disorder cases in Wuhan City, Hubei Region, China. It was primarily reported to the WHO on December 31, 2019. On January 30, 2020, the WHO confirmed the COVID-19 occurrence a worldwide health disaster. The influence of coronavirus epidemic on India has been largely disturbing in terms of economic activity as well as a loss of human lives also. Almost all the sectors of all industries have been badly affected as domestic demand and exports sharply dropped with some remarkable exceptions where high growth and development was observed. An effort is made to examine the impact of COVID-19 on various sectors and possible solutions for some key sectors. The financial influence of COVID-19 is very troubling. No one has been secure from its negative effects. Economies of about more than 120 countries of world have been damaged out of which some countries have asked for financial help from IMF. Trades throughout the world namely industrial production, textile, hospitality, tourism, entertainment, flight etc. have seen a major negative effect. Various sports events such as IPL, T20 world cup and Olympics have been suspended. Schools and colleges have been closed for long period of time. The Corona virus has also disturbed the working of various online giants such as Amazon, Flipcart. Countries such as USA, Italy and Spain are distress the most since their death rate is very high. There is a big change in the world financial market and the share market has witnessed crashes day by day for longer period of time. Manufacturing works, Restaurants, Hotels, Markets, Flights, Super Markets, Malls, Universities and Colleges etc. were closed down for long term period. Panic of corona virus has limited the effort of the individuals for survival and employment. People were not even going to buy the day-to-day necessities of goods and these all were somewhere impacting the economy of the world as a whole. The Organization for Economic Co-operation and Development (OECD)discloses that they have decrease their anticipation for worldwide growth to 2.5% from 2.8%, and advises that it could fall as low as 1.6%.

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Keywords: COVID-19, SARS-CoV-2, WHO, IMF, OECD, Remarkable, Giants.