The first quarter of 2021 brings new hope for global economic growth followed by US stimulus package and battle between COVID-19 vaccination and COVID-19 variants.
Oil prices reached USD70 mark with a record high of 20 months. The recent rise in crude oil prices witnessed tension int the global economy where developing countries also felt the pressure of oil surge.
Mukesh Ambani's Reliance Industries used its oil money to set up Reliance Jio Platforms, a mobile network entrant in the Indian Market. When Coronavirus pandemic struck, Jio emerged as a key market player by securing investments from Facebook, Google, and many others.