The world economy has got disrupted since first Quarter of 2020 due to COVID Pandemic and subsequent lockdowns. The economies recovered to a large extent in the second and third quarters of FY 2021. Indian economy too got disrupted and recovered from the lows of -23% down to 7%. Though recovered, many sectors have yet to come to pre COVID level. Since, March, 2022 due to the Russia - Ukraine war and subsequent effect on oil prices and disruption of supply chain. Imports and exports to the region has further added fuel to the down turn of world economy fuelled by inflation and rate hikes all over the world. Though appeared recovery in Indian Economy, it is showing certain negative trends in the recent past. This article discusses the trends are indicating that Indian economy may have down turn in the near future. The present article is prepared on information available in public domain – in daily news papers and prominent website like www.ibef.org, https://cmie.com, https://tradingeconomics.com/

Purpose: The present article narrates a real-time state of Indian economy at present ie., Quarter ending September, 2022. As well as other economic indicators like exports, imports, GDP growth, unemployment loss of job etc., The article examines descriptive facts prevailing in the Indian economy.

Scope: Similar situation may happen in from time to time or betterment. The economic indicators in general and particular will not stay at low or high. They are dynamic and coupled with so many other factors in the domestic and international factors. When studied continuously these factors, one can understand this dynamism.

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Keywords: Economy, Indicators, Job Losses, COVID Pandemic, Indian Economy.