Major Global Developments: US Proposes 60-Day Gaza Truce, India’s Growth Moderates Amid Strong Q4, Supreme Court Reaches Full Strength

Major geopolitical and domestic news emerged on Friday, May 30, 2025, highlighted by a significant United States proposal for a ceasefire in Gaza, new economic data from India indicating a slowdown in annual growth despite quarterly acceleration, and the temporary achievement of full judicial strength at the Supreme Court of India with the swearing-in of three new judges.

US Presents Comprehensive Gaza Truce Proposal

A detailed United States proposal aimed at halting hostilities in the Gaza Strip and facilitating hostage and prisoner exchanges was seen on Friday, May 30, 2025. The plan outlines a phased approach beginning with a 60-day ceasefire. During the first week of this initial pause in fighting, the proposal calls for the release of 28 Israeli hostages, encompassing both those who are alive and the remains of those who have died. In parallel, the plan stipulates the release of 125 Palestinian prisoners currently serving life sentences.

Furthermore, the initial phase is intended to include the return of the remains of 180 dead Palestinians. The ambitious proposal is backed by the United States, with President Donald Trump reportedly guaranteeing its terms. Mediators Egypt and Qatar are also named as guarantors of the proposed framework.

A key condition within the plan links the delivery of humanitarian aid into Gaza directly to Hamas’s agreement to the proposed terms. The proposal envisions a later stage where Hamas would release the remaining 30 hostages still held, contingent upon the declaration and implementation of a permanent ceasefire.

India’s Economy: Growth Moderation in FY25, Q4 Momentum

Provisional estimates released on Friday, May 30, 2025, provided a fresh look at India’s economic performance. The data indicated a moderation in the nation’s gross domestic product (GDP) growth for the full financial year 2024-25, which slowed to 6.5%. This figure represents the slowest annual growth rate recorded by India since the financial year 2020-21, a period significantly impacted by the global pandemic.

However, the data also highlighted a notable acceleration in real GDP growth during the fourth quarter (Q4) of 2024-25. The quarter saw the economy expand by 7.4%, suggesting a build-up of momentum towards the end of the fiscal year despite the overall annual deceleration. Analysts are expected to dissect these figures to understand the underlying drivers of both the annual slowdown and the quarterly pickup, assessing their implications for future economic policy and investment.

Supreme Court of India Reaches Full Strength

The Supreme Court of India welcomed three new judges on Friday, May 30, 2025, bringing the apex court to its full sanctioned strength. Justices N.V. Anjaria, Vijay Bishnoi, and A.S. Chandurkar were sworn in by the Chief Justice of India, B.R. Gavai, in a ceremony affirming their new roles on the bench.

These appointments temporarily fill all 34 positions sanctioned for the Supreme Court. However, this state of full strength will be brief. Justice Bela M. Trivedi is scheduled to retire on June 9, which will again reduce the court’s total number of sitting judges shortly after these new appointments take effect. The addition of Justices Anjaria, Bishnoi, and Chandurkar is expected to help manage the court’s extensive caseload during their tenure.

Kerala Districts Face Red Alert Due to Rains

Separately, the India Meteorological Department (IMD) issued a red alert for eight districts in the southern state of Kerala. The alert was prompted by forecasts predicting heavy rainfall, signaling potential disruptions and the need for precautionary measures in the affected regions.

The developments across these distinct arenas – from the intricate negotiations surrounding a potential Gaza ceasefire to India’s economic trajectory and judicial appointments, alongside regional weather warnings – underscore the diverse and complex global news landscape on this particular day in late May 2025.