Covid-19 pandemic has changed the experience of the whole world to tackle the challenges of the VUCA that the world is facing currently. Unforeseen conditions like pandemics, crisis, and wars lead to instability in the economy negatively impacting economic growth. The pandemic shook the whole world and led to a massive economic shutdown. The economies faced high volatility, uncertainty, complexity, and ambiguity due to the unforeseen condition impacted by Covid-19. As the world was revamping from the huge impact of the pandemic, the Russia-Ukrainian war further aggravated the VUCA situation for the countries. This situation has increased inflationary pressure on the economies reducing the value of money. The current study mainly focuses on the effects of inflation on the Indian economy and the strategies for resilience in the VUCA world. Trend analysis has been done to capture the CPI and WPI (2010-2022), and to measure the relationship between inflation and economic growth. Also, the economic growth of the emerging and developed economies during Covid-19 has been analyzed. A correlation and linear regression analysis is done to understand the impact of inflation on the economic growth of India. The result of the correlation and regression analysis indicates inflation has negatively impacted the economic growth of India, with higher inflation, economic growth tends to slow down.