In a light-filled workshop in eastern China, a robotic arm moved a partially assembled autonomous vehicle as workers calibrated its cameras, typical of the incremental automation being adopted even across smaller factories in the world’s manufacturing powerhouse.China is already the world’s largest market for industrial robots, and the government is pouring billions of dollars into robotics and artificial intelligence to boost its presence in the sector.

The first essentially humanlessfactoriesare already in operation, even as widespread automation raises questions about job losses as well as the cost and difficulty of transition for smaller and medium-sized companies. The answer for many is a hybrid approach, experts and factory owners told AFP. At the autonomous vehicle workshop, manager Liu Jingyao told AFP that humans are still a crucial part of even technologically advanced manufacturing. “Many decisions require human judgement,” said Liu, whose company Neolix produces small van-like vehicles that transport parcels across Chinese cities. “These decisions involve certain skill-based elements that still need to be handled by people.”At the Neolix factory, 300 kilometres (186 miles) north of Shanghai, newly built driverless vehicles zoomed around a testing track simulating obstacles including puddles and bridges.In a closed-off room, workers assembled vehicles’ “brains”, testing their cameras and computer chips.“Automation… primarily serve(s) to assist humans, reducing labour intensity rather than replacing them,” Liu said.But Ni Jun, a mechanical engineering expert at Shanghai’s Jiaotong University, said China’s strategy of focusing on industrial applications for AI means full automation is already feasible in many sectors.Among others, tech giant Xiaomi operates a “dark factory” — where the absence of people means no need for lights — with robotic arms and sensors able to make smartphones without humans.– Digital divide –Ni described a “digital divide” between larger companies with the funds to invest heavily in modernisation, and smaller businesses struggling to keep up.For Zhu Yefeng’s Far East Precision Printing Company, part of China’s vast network of small independent factories employing up to a few dozen people each, full automation is a distant dream.At the company just outside Shanghai, workers in small rooms fed sheets of instruction manuals into folding machines and operated equipment that printed labels for electronic devices.The company used pen and paper to track its workflow until two years ago, with managers having to run around the factory to communicate order information.“Things were, to put it bluntly, a complete mess,” Zhu told AFP.The company has since adopted software that allows employees to scan QR codes that send updates to a factory-wide tracker.On a screen in his office, Zhu can see detailed charts breaking down each order’s completion level and individual employees’ productivity statistics.“This is a start,” Zhu told AFP. “We will move toward more advanced technology like automation, in order to receive even bigger orders from clients.”Financial constraints are a major barrier though. “As a small company, we can’t afford certain expenses,” said Zhu. His team is trying to develop its own robotic quality testing machine, but for now humans continue to check final products.– Employment pressures –The potential unemployment caused by widespread automation will be a challenge, said Jacob Gunter from the Berlin-based Mercator Institute for China Studies. “Companies will be quite happy to decrease their headcount… but the government will not like that and will be under a lot of pressure to navigate this,” Gunter told AFP.Beijing’s push to develop industrial robots will “intersect with the need for maintaining high employment at a time when employment pressure is considerable”, he added. Going forward, manufacturers must strike a balance “between the technical feasibility, social responsibility, and business necessity”, Jiaotong University’s Ni told AFP.Zhou Yuxiang, the CEO of Black Lake Technologies — the start-up that provided the software for Zhu’s factory — told AFP he thought factories would “always be hybrid”. “If you ask every owner of a factory, is a dark factory the goal? No, that’s just a superficial description,” Zhou said. “The goal for factories is to optimise production, deliver things that their end customers want, and also make money.”

NEW DELHI: After a massive nationwide operation, Central Board of Direct Taxes acted against several intermediaries involved in filing income tax returns with bogus claims of deductions and exemptions under the Income Tax Act.The move followed actions in July 2025, covering 150 premises, during which more than 102 suspicious RUPPs were identified for their role in facilitating bogus donation-linked deductions. Data analytics had flagged over 2 lakh taxpayers who claimed suspicious deductions under Section 80GGC, adding up to Rs 5,500 crore routed through suspicious or non-existent RUPPs and a similar amount of bogus donations to non-genuine charitable organisations, said officials.The enforcement findings have also prompted reversals of bogus deductions by taxpayers. Around 54,000 have already corrected their filings and withdrawn ineligible claims worth approximately Rs 1,400 crore and updated their returns after CBDT nudged them to revise their returns.Most of these taxpayers claimed deductions below Rs 5 lakh and a few companies claimed very high deductions.The exercise also revealed how intermediaries had established networks of agents to file returns with incorrect claims on commission basis. An intermediary was found to be advertising guaranteed refunds in cinema halls and on social media. It was found that there was a syndicate of professionals who was operating through WhatsApp and Telegram channels to find taxpayers looking at reducing tax liability through fake donations to RUPPs or charitable organisations.Instances of misuse of CSR-linked trusts, which facilitated bogus donation receipts in exchange for cash-back, were found during the probe.“It was observed that huge amounts of bogus claims have been made on account of donation RUPPs or charitable institutions and reduced their tax obligations and have also claimed bogus refunds.Evidence gathered from enforcement actions indicated that RUPPs many of which were non-filers, non-operational at their registered addresses, and are not engaged in any political activity were being used as conduits for routing funds, hawala transactions, cross border remittances and issuing bogus receipts for donations,” an official statement said.

Last Updated:December 14, 2025, 01:24 IST

The move is expected to provide an immediate and substantial boost to Nepal’s economy, particularly its tourism and hospitality sectors, which rely heavily on Indian visitors

The original restrictions on high-value Indian currency were severely tightened in Nepal following the 2016 demonetisation in India, which withdrew old ₹500 and ₹1,000 notes. Representational image

Nepal is preparing to officially permit the circulation of Indian currency notes above the ₹100 denomination, marking the end of a nearly decade-long ban that has significantly complicated cross-border travel, trade, and remittances between the two countries. The move, currently in its final stages with the Nepal Rastra Bank (NRB) preparing to publish the official notice, follows a crucial regulatory shift by India’s central bank.

The original restrictions on high-value Indian currency were severely tightened in Nepal following the 2016 demonetisation in India, which withdrew old ₹500 and ₹1,000 notes. Even after new notes were introduced, Nepal maintained the ban on all denominations above ₹100 due to concerns over the smuggling of counterfeit currency and security risks. This policy forced Indian tourists and Nepali migrant workers to carry large wads of low-denomination notes, leading to financial hardship, confusion, and frequent incidents of travellers being detained or fined for inadvertent violations.

India’s Regulatory Green Light

The pivotal change that has allowed Nepal to reverse course came from the Reserve Bank of India (RBI). In late November 2025, the RBI amended its Foreign Exchange Management Regulations, formally allowing individuals to transport higher-denomination Indian rupee notes across the border.

The new rule specifies that individuals can carry Indian currency notes of any amount in denominations up to ₹100. Crucially, they are now permitted to carry notes above ₹100 up to a total value of ₹25,000 in either direction—both into Nepal and back into India. This amendment effectively removed the main legal constraint that previously limited the practical utility of higher-value notes for travellers.

Boosting Tourism and Easing Remittances

The lifting of the ban is expected to provide an immediate and substantial boost to Nepal’s economy, particularly its tourism and hospitality sectors, which rely heavily on Indian visitors. Businesses in border towns, casinos, and pilgrimage routes that cater to Indian tourists have been vocal in lobbying for this change, as the previous restrictions limited spending power.

Furthermore, the decision is a massive relief for the estimated two million Nepali migrant workers in India, who previously faced major security risks when bringing home their earnings in small denominations. The Nepal Rastra Bank (NRB) spokesperson, Guru Prasad Poudel, confirmed that the process is nearing completion, stating they are preparing to publish the notice in the Nepal Gazette before issuing circulars to banks and financial institutions, ushering in a new era of smoother financial integration between the two neighbours.

Click here to add News18 as your preferred news source on Google.

Follow News18 on Google. Join the fun, play games on News18. Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Also Download the News18 App to stay updated.

Read More