Gayathri Kallukaran is a Junior Journalist with Eastern Eye. She has a Master’s degree in Journalism and Mass Communication from St. Paul’s College, Bengaluru, and brings over five years of experience in content creation, including two years in digital journalism. She covers stories across culture, lifestyle, travel, health, and technology, with a creative yet fact-driven approach to reporting. Known for her sensitivity towards human interest narratives, Gayathri’s storytelling often aims to inform, inspire, and empower. Her journey began as a layout designer and reporter for her college’s daily newsletter, where she also contributed short films and editorial features. Since then, she has worked with platforms like FWD Media, Pepper Content, and Petrons.com, where several of her interviews and features have gained spotlight recognition. Fluent in English, Malayalam, Tamil, and Hindi, she writes in English and Malayalam, continuing to explore inclusive, people-focused storytelling in the digital space.
Sony has unveiled the FX2, the latest addition to its FX compact cinema camera line-up. Positioned between the FX3 and FX30, the FX2 merges cinematic capabilities with improved stills performance. It inherits its core from the Sony Alpha a7 IV, including its 33-megapixel back-illuminated full-frame Exmor R CMOS sensor, but features the compact FX series body and workflow optimisations.
The FX2 is designed to deliver high-quality oversampled 4K video from 7K capture at up to 30p, with an additional 4K 60p mode via a Super 35mm (APS-C) crop. This S35 4K option sets the FX2 apart from its FX3 and FX6 counterparts, which cannot record 4K from a crop due to their lower-resolution 12MP sensors.
The Sony FX2 is a unique proposition in Sony’s cinema lineYouTube/ Sony Europe
In terms of video quality, the FX2 supports 10-bit 4:2:2 internal recording using codecs including XAVC S, XAVC S-I and XAVC HS, and offers Sony’s colour profiles such as S-Log3 and S-Cinetone. An external 16-bit RAW output is also supported through the full-size HDMI port. The camera uses a dual base ISO system (ISO 800 and 4000 in S-Log), with Sony claiming over 15 stops of dynamic range.
Improved stills capabilities
Although part of the FX line, the FX2 introduces enhanced still photography functionality. It uses a mechanical shutter (in addition to electronic), allows for 10fps burst shooting, and supports Sony α system flashes. It also includes the option to shoot stills using Log profiles, aligning still and video workflows. These features highlight Sony’s acknowledgement of a growing demand for hybrid content creation in professional settings.
Body design and ergonomics
The FX2’s body is nearly identical to the FX3, maintaining its compact, modular structure, internal active cooling system, and multiple mounting points that may negate the need for a cage. However, it introduces one notable addition: a tilting 3.68 million-dot electronic viewfinder (EVF), a feature largely absent in modern mirrorless and hybrid cinema cameras. This tiltable EVF supports angles from 0° to 90°, catering to a wide range of shooting scenarios.
- YouTubeYouTube/ Sony Europe
The FX2 also comes with a 3.0-inch vari-angle LCD, though its resolution is lower than that of the FX3 and FX30. Connectivity options include a USB-C port, full-size HDMI, and dual card slots (1x CFexpress Type A/SD and 1x SD).
Sony has equipped the FX2 with a Fast Hybrid Autofocus system enhanced by an AI processing unit. Autofocus tracking extends to humans, animals, birds, insects, vehicles and aircraft. The 5-axis in-body image stabilisation supports various modes, including Dynamic Active, promising up to 5 stops of compensation.
Comparisons with FX3 and FX30
When placed alongside its FX siblings, the FX2 finds itself in a distinct position. Compared to the FX3, it offers higher resolution and better stills performance, though it sacrifices 4K 120p capabilities in favour of S35 4K 60p. Against the FX30, the FX2 brings a full-frame sensor and wider dynamic range (15+ stops vs 14+), while also featuring an EVF which the other models lack.
All three cameras share the BIONZ XR processing engine, dual native ISO design, active cooling, and support for XLR audio via the included handle (in applicable kits). Media compatibility, codecs, and colour profiles also align across the models.
Price and availability
Sony is positioning the FX2 competitively in the market. The camera will be available in two configurations: body only for $2,699.99, or with the XLR handle for $3,099.99. At this price point, the FX2 offers a compelling blend of resolution, video capabilities, hybrid ergonomics, and audio flexibility, making it an attractive option for videographers, hybrid shooters, and content creators.
Sony’s cinema line
The Sony FX2 is a unique proposition in Sony’s cinema line, delivering a strong balance between video performance and stills capabilities. Its 33MP sensor, oversampled 4K video, S35 recording options, and professional audio interface provide a versatile toolset for a wide range of creators. With the addition of a tiltable EVF and a form factor optimised for rig-free use, the FX2 could well become a preferred workhorse for independent filmmakers, documentarians, and hybrid professionals.
The showroom, located in Mumbai, was inaugurated by Maharashtra state's chief minister Devendra Fadnavis and opened to select visitors on Tuesday. (Photo: X/@Dev_Fadnavis)
TESLA opened its first showroom in India on Tuesday, marking its entry into the country as the electric vehicle company looks for new customers amid declining sales in the United States and Europe.
The showroom, located in Mumbai, was inaugurated by Maharashtra state's chief minister Devendra Fadnavis and opened to select visitors on Tuesday. It will be open to the general public starting Wednesday.
Inaugurated Tesla’s first-ever Experience Centre in India at BKC, Mumbai, today.This is not just the inauguration of an Experience Centre ; it’s a powerful statement—Tesla is here, and it’s chosen the right city and the right state: Mumbai, Maharashtra!"… pic.twitter.com/4ilfAHCEoO — Devendra Fadnavis (@Dev_Fadnavis) July 15, 2025
Tesla is currently offering its Model Y vehicle in India and plans to begin deliveries of a more affordable variant later this quarter.
"This is the first launch of Tesla in India. It marks a huge milestone for Tesla globally," said Isabel Fan, the company's senior regional director. She added that charging stations will be set up soon in Mumbai and New Delhi.
Despite heavy rains, many onlookers gathered outside the Mumbai showroom to see the cars on display.
Tesla has expressed interest in entering the Indian market for several years but delayed its plans due to high import tariffs on electric vehicles.
Elon Musk had earlier described India as having "more promise than any large country" but has criticised its import duties, calling them among the "highest in the world".
The Indian government has said that it will consider lowering import taxes on electric vehicles if global automakers commit to significant investment and local manufacturing.
Tesla has not yet announced any plans to build a manufacturing plant in India.
According to local media reports, Tesla will initially sell cars imported from China.
As a result, the Model Y in India starts at around $70,000 on-road, as listed on the company's website, compared to the US price of $37,490 after a $7,500 federal tax credit.
Tesla's launch in India comes at a time when the company is facing slowing demand globally. The electric vehicle market, once led by Tesla, is now highly competitive, with rivals including BYD and other Chinese manufacturers.
India is the world’s third-largest car market, but Tesla is not expected to see large volumes in the near future due to the relatively early stage of the country’s electric vehicle sector and the high prices of its models.
Sales of electric vehicles in India reached about 100,000 in 2024, which is less than three per cent of total car sales.
Soumen Mandal, senior analyst at Counterpoint, said Tesla’s pricing puts it out of reach for most Indian buyers and places it in competition with luxury car brands.
"We don't expect Tesla to play the volume game right away given the price tag," Mandal told AFP.
"We project 500-700 units sold in initial months and then that to taper off to 200-300 (per month)."
India is currently in talks with the United States on a trade deal, which includes discussions on reducing tariffs on automobiles.
In February, Elon Musk held a one-on-one meeting with Indian Prime Minister Narendra Modi in Washington.
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he Port Talbot EAF will produce up to 3 million tonnes of steel per year using UK-sourced scrap.
TATA STEEL UK has started construction of a new Electric Arc Furnace (EAF) at its Port Talbot site in South Wales. Tata Group chairman Natarajan Chandrasekaran marked the groundbreaking ceremony on July 14, joined by Tata Steel CEO and managing director TV Narendran and Tata Steel UK CEO Rajesh Nair.
The EAF project is part of Tata Steel UK’s £1.25 billion plan to transition to low-carbon steelmaking, backed by £500 million from the UK government. The furnace is expected to be commissioned by the end of 2027 and aims to reduce carbon emissions at Port Talbot by about 90 per cent, or 5 million tonnes of CO₂ annually. The project is expected to support 5,000 jobs.
“This is an important day for Tata Group, Tata Steel and for the UK,” said Mr Chandrasekaran. “Today’s groundbreaking marks not just the beginning of a new Electric Arc Furnace, but a new era for sustainable manufacturing in Britain. At Port Talbot, we are building the foundations of a cleaner, greener future, supporting jobs, driving innovation, and demonstrating our commitment to responsible industry leadership.”
Business secretary Jonathan Reynolds said: “This is our Industrial Strategy in action and is great news for Welsh steelmaking backing this crucial Welsh industry, which will give certainty to local communities and thousands of local jobs for years to come.”
Wales Secretary Jo Stevens said: “The UK Government acted decisively to ensure that steelmaking in Port Talbot will continue for generations to come, backing Tata Steel with £500 million to secure its future in the town.”
The Port Talbot EAF will produce up to 3 million tonnes of steel per year using UK-sourced scrap. Construction is being led by Sir Robert McAlpine, with support from regional contractors and technology providers including Tenova, ABB, and Clecim.
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Starmer and Reeves during a visit to Horiba Mira in Nuneaton in Nuneaton. (Photo: Getty Images)
PLANS by Labour to overhaul the tax rules for non-domiciled residents in the UK could cost the public purse up to £4 billion and result in the loss of thousands of private sector jobs, according to a new analysis.
A report by the Centre for Economics and Business Research (CEBR), shared with The Times, suggested that scrapping the current non-dom regime could lead to a sharp drop in tax revenues if even a fraction of those affected decide to leave the country.
The thinktank estimates that if a quarter of non-doms - roughly 10,000 individuals - moved abroad, tax receipts could fall by £4.6bn over the next five years. That figure could rise to nearly £8bn if half of them departed.
The CEBR’s model, based on the approach used by the Office for Budget Responsibility (OBR), also predicted that such a shift could cause the UK to lose between 3,100 and 6,300 jobs, depending on how many wealthy residents choose to relocate.
This potential tax shortfall poses a serious challenge for chancellor Rachel Reeves, who currently has £9.9bn in fiscal headroom. Experts warn that this cushion could be halved or even wiped out by the autumn due to other financial pressures, such as changes to welfare payments and weaker-than-expected economic growth.
Although Labour has stood by its commitment to end the non-dom tax regime, Reeves is now believed to be considering a partial rethink. Specifically, she may drop plans to apply inheritance tax to non-doms' worldwide assets, following concerns that the proposal could accelerate the departure of wealthy individuals.
“We’re continuing to work with stakeholders to ensure the new system remains competitive on the international stage,” a Treasury spokesperson said, noting the importance of attracting global talent and investment.
Some high-profile figures have already indicated they might leave, including steel magnate Lakshmi Mittal.
Lakshmi Mittal
According to Companies House filings, more than 4,400 directors have stepped down from UK-based firms in the past year, with April departures up 75 per cent compared to the same month in 2024. Most of those exits were from finance, insurance, and property - sectors with high numbers of non-doms.
According to the report, the policy change is triggering an exodus of top earners. The centuries-old non-dom system allowed wealthy foreign residents to shield overseas income from UK taxes for a flat annual fee starting at £30,000. In its place, the government introduced a stricter residence-based scheme.
Now, anyone living in Britain for more than four years must pay income and capital gains tax on global income, with inheritance tax at 40 per cent also looming if they stay longer.
Sam Miley of the CEBR warned that even small economic shifts could have wider implications. “Our findings show the changes would negatively affect the economy, albeit modestly,” he was quoted as saying. “At a time of limited fiscal space, even marginal losses matter.”
Andrew Barclay, who runs the entrepreneur-led group Land of Opportunity, which commissioned the report, said: “It’s increasingly clear that abolishing non-dom status could do real harm to the economy and public finances. There’s still time to stop the outflow.”
A recent Oxford Economics survey of tax advisers found that 60 per cent expect over 40 per cent of their non-dom clients to leave the UK within two years of the changes taking effect.
While the exact number of departures remains unclear, the list of wealthy individuals who have already moved abroad includes billionaire Anne Beaufour, investor Max Gottschalk, and boxing promoter Eddie Hearn, among others.
Meanwhile, Labour faces growing pressure to strike a balance between tax fairness and maintaining the UK’s status as a global hub for wealth and investment.
US CARMAKER Tesla is finally making its official debut in India with the opening of its first showroom in Mumbai.
The firm, led by Elon Musk, will unveil the new “Tesla Experience Centre” on Tuesday (15) at Maker Maxity Mall in the Bandra Kurla Complex, one of the city's top commercial hubs.
This marks Tesla’s first formal step into the Indian market, after years of delays and speculation. According to official records, the company has already imported around $1 million (£780,000) worth of cars, charging equipment, and accessories into the country—mostly from China and the US.
Among the imported vehicles are six units of the popular Model Y, with five standard versions valued at £25,350 each and one long-range model at £35,880. Several Tesla Superchargers were also shipped in as part of the initial setup.
Although India has been eager to welcome Tesla, including introducing policies to encourage local production, the company has chosen to start with imports.
This means Tesla will have to pay high import duties - nearly 70 per cent - making its cars much pricier in India compared to other markets. The government has offered lower duties of 15 per cent for companies willing to invest $500m (£390m) and set up manufacturing locally, but so far, Tesla has not agreed to those terms.
Reports suggest Tesla is not currently interested in building a factory in India. Musk had previously planned a visit to the country in 2024, during which he was expected to announce a multi-billion-dollar investment, but the trip was cancelled at the last minute.
Despite the absence of local production, Tesla appears committed to growing its presence. It has started hiring in India, filling positions for showroom advisors, service engineers, vehicle testers for its Autopilot system, and other roles in cities like Mumbai and Delhi.
The Indian EV market is growing rapidly, with local player Tata Motors and Chinese firm BYD already established in the sector. Tesla’s entry is expected to increase competition and raise interest in premium electric vehicles, even as high costs remain a concern for most buyers.
(with inputs from agencies)
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UK-based Nanak Hotels acquired the 60-room Kings Court Hotel in Warwickshire for £2.75 million. (Photo: Colliers International UK)
UK-BASED Nanak Hotels recently acquired the 60-room Kings Court Hotel, a 17th-century property in Warwickshire, England, for £2.75 million. This is the first regional acquisition by the privately held firm led by British Indians Harpreet Singh Saluja and Karamvir Singh.
Nanak Hotels, which operates a UK property portfolio, plans to invest in the property's refurbishment and repositioning, according to a statement from Colliers International UK, which brokered the transaction.
“We’re excited to bring Kings Court Hotel into our portfolio as our first Warwickshire acquisition,” said Saluja. “It has a solid foundation and loyal customer base. We see potential to develop the hotel while preserving its heritage.”
The West Midlands hotel, on a 4.2-acre site between Alcester and Redditch, began as a 17th-century farmhouse and now operates as a hospitality business with public areas, event and conference facilities and wedding capacity for up to 130 guests.
The hotel’s previous owner said Kings Court had been central to their work for over 30 years.
“It’s been a privilege to grow it into what it is today,” the owner said. “As we retire, we’re pleased to see it pass to a new owner who shares our commitment to hospitality and has a vision for its future.”
“The sale of Kings Court Hotel drew strong interest due to its size, location and trading performance,” said Josh Sullivan and Peter Brunt of Colliers International UK. “We’re pleased to have completed the transaction with Nanak Hotels and look forward to seeing how they develop the asset.”
In February, UK-based Shiva Hotels, led by founder and CEO Rishi Sachdev, secured $372m (£289m) to renovate The BoTree in Marylebone, London. Separately, Indian tech firm Oyo announced a $62m (£48m), three-year plan to expand its UK hotel portfolio by acquiring inventory and securing leasehold and management contracts, supporting 1,000 jobs.