The fast changing new economic world order owing to the ongoing Covid-19 pandemic and Russia-Ukraine war has left the global populations restless. The rampage unleashed by these twin catastrophes has pushed the global, national and regional economies into jeopardy and has even failed the best brains to offer exact remedial measures to minimise the damage. Actually, the uneven nature of the virus and the eruption of war-induced geopolitical uncertainty have left all clueless about the changing economic landscape. The kind of developments taking place across the globe is unfortunately proving a joy for some and irony for others.