"Recently" refers to a time period that started from a point in the past and continues up to the present. It's used to describe events, actions, or situations that have occurred or been noticed in the immediate past. For example:
I recently bought a new car.
Recently, there have been many changes in the company.
This term is quite common in both spoken and written English and is often used to convey a sense of immediacy or relevance to recent developments.