The two days International Seminar on “Emerging Challenges and Opportunities in Business and Economy; Lessons from Covid 19 Pandemic” jointly organized by International University of Business Agriculture and Technology (IUBAT) and University’, Tripura, India. Participants from India, Bangladesh. Nepal, Bhutan. Pakistan. Contributed in the event with their thoughts and ‘observation. In the opening session, Pro-Vice- Chancellor Prof. Dr. Biplab Haider, from ICFAI University, Tripura welcomed the august gathering with a message to on how Covid-19 has been a challenge but has also shown tis the opportunities for development and innovation in various sectors including higher education Prof. Dr. Abdur Rab, Vice-Chancellor IUBAT mentioned how business could face the challenges and take the opportunity during these tough times. As a Keynote speaker Dr. Mohammad Nurunnabi from Prince Sultan University, Riyadh. Saudi Arabia emphasilet1 oh the need for data driven research that informs policy making during and after the pandemic. In the speech or Chief Guest Prof. Dr, Arunahha Seb, Professor, Arizona State University, USA, highlighted the role of technological advancement in combating the negetiveive consequences Or the pandemic and turning those into ,advantages in the future. In his vote of thanks, Dr. A. Ranganath, Registrar, IUT ex-tended his best wishes to the Seminar Organizers from the two countries and said that technological advancements are instrumental to negate risks from pandemics in the present and future. Dr. Sujit Deb spoke on innovative ideas to revive business, empower people and create meaningful employment, especially after exit from the lockdown. The Converter of the Seminar was Prof. Dr. Khair Jahan Sogra & Dr. Sujit Deb and Joint Conveners were Dr. Trinankur Dey,. Dr. Anindita Sinha and Dr. Mozaffar A. Chowdhury respectively. Nearly 78 research papers from different countries were presented in the seminar. The two days seminar came to an end with a hope that ICFAI University Tripura would continue in conducting such international events in due course of time.