Khan said Islamabad has taken the first step on a new path to peace and progress.
Shehbaz, the younger brother of former three-time prime minister Nawaz Sharif, received 174 votes -- two more than the simple majority of 172.
With the Sharif family set to return to power in Pakistan amid the fast-deteriorating economic situations and political instability, it is to be seen if Shehbaz Sharif infuses fresh energy into the system, or the much-tainted family continues to resort to its old ways.
The Pakistan Parliament witnessed multiple adjournments and heated arguments, but the voting on a no-confidence motion against him appeared to be a distant possibility.
The first on the list is Hussain Shaheed Suhrawardy, a Bengali politician from then East Pakistan who served as the fifth prime minister. He was arrested in January 1962 and put in jail on bogus charges of "anti-state activities". His actual crime was his refusal to support military ruler General Ayub Khan.
Sharif, 67, had to step down as the chief of the PML-N after he was disqualified as the prime minister by the Supreme Court on July 28 in the Panama Papers scandal.
The Election Commission of Pakistan (ECP) on Tuesday publicly released the details of assets of key politicians, including that of Prime Minister Khan.
According to Pakistani media reports, other names that have been doing rounds are for interim prime minister are: National Assembly Speaker Sardar Ayaz Sadiq and Petroleum Minister Shahid Khaqan Abbasi.
The Bilawal Bhutto-led Pakistan Peoples Party which won the third largest number of seats in the National Assembly in the elections appears to be split on whether to join a coalition government or sit on Opposition benches.
Modi had given his maiden address to the UN General Assembly as Prime Minister in 2014.
He is only the agent that can bring them that change for they are quite aware that he has articulated no vision on how to set Pakistan back on the rails, notes Lieutenant General Gautam Moorthy (retd).
Pakistan Prime Minister Imran Khan said on Tuesday that he would like to have a TV debate with his Indian counterpart Narendra Modi to resolve differences between the two neighbouring countries.
At least eight people, including a child, were killed and 40 injured in a stampede at a public rally by opposition leader Imran Khan in central Pakistan on Friday.
Pakistan will not engage with India 'until and unless they lift the siege' in Kashmir, it said.
Pakistani cricketers congratulated the World Cup-winning former captain for leading his party to power in the country's general elections.
Pakistan Prime Minister Shehbaz Sharif's wife and former premier Imran Khan's wife have financial assets worth more than their husbands.
As many as 200 Hindu pilgrims, most of them from India, were overwhelmed with emotions as they prayed at the 100-year-old renovated Maharaja Paramhans Ji temple in Pakistan on Sunday amidst tight security, a year after the temple was demolished by a mob belonging to a radical Islamist party.
Khan, in the same breath, praised the Army, saying "Pakistan needs the Armed forces more than Imran Khan."
The court issued its reserved ruling, upsetting the Pakistan Tehreek-e-Insaf (PTI), which claimed the arrest was illegal and that the IHC would rule in favour of party chief Imran Khan.
Imran has questioned the judiciary to explain the motive behind opening its doors at midnight.
Pakistan government has said it was ready to discuss all "constitutional" demands put forth by Pakistan Tehreek-e-Insaf and Pakistan Awami Tehreek and announced formation of two committees, consisting of members from all major political parties, to hold talks with them.
Even as the bilateral relationship between the two neighbouring countries remains hostile, there is growing coordination between India and Pakistan on one multilateral forum - the World Trade Organization (WTO). Both countries have made two joint submissions at the WTO as co-sponsors in the past two months. In June, Pakistan joined India, Cuba, and 44 African countries, seeking sufficient flexibility in intellectual property rights for developing countries to fight the Covid-19 pandemic.
The SC has restored the National Assembly after it declared the government's decision to dissolve the assembly and NA Deputy Speaker Qasim Suri's ruling against the Constitution.
With Pakistan Prime Minister Imran Khan virtually losing the majority in the 342-member National Assembly after the defection of two key allies, backdoor efforts are underway to reach a deal between the premier and the joint opposition to dissolve the lower house, according to a highly placed source.
Shehbaz Sharif, the joint opposition's candidate for the post of prime minister, on Sunday vowed that the new government in Pakistan want to 'move forward' and not indulge in 'politics of revenge'.
The meeting between Prime Minister Nawaz Sharif and his Indian counterpart Narendra Modi drew mixed reactions in Pakistan, with most of the political parties accusing Sharif of failing to highlight Kashmir but the media was generally positive.
Shehbaz, 72, who was the consensus candidate of the Pakistan Muslim League-Nawaz (PML-N) and the Pakistan Peoples Party (PPP), received 201 votes, 32 more than what was required to become leader of the House in the 336-member Parliament.
Several retired and serving military officers attend Pervez Musharraf's funeral prayers.
Former Pakistan prime minister Imran Khan reiterated his allegations of a foreign conspiracy behind his ouster and said he knew that the 'match was fixed' when a no-confidence motion was moved against him.
The Pakistan National Assembly's crucial session on a no-trust motion against embattled Prime Minister Imran Khan was adjourned on Friday without tabling of the resolution, amid vociferous protests from opposition lawmakers.
Amid India's concerns that Afghanistan's territory might be used for anti-India activities under the Taliban regime, the terror group has said that it has the right to raise its voice for Muslims anywhere, including in Kashmir. However, it added that the group does not have a policy of raising arms against any country.
The envoy emphasised that 'peaceful relations' with all Pakistan's neighbours, including India, were accorded 'high priority' in the foreign policy vision outlined by the incoming leadership in Pakistan.
Pakistan's Foreign Minister Khawaja Asif now unable to hold public or party office after the verdict.
Pakistan's former prime minister Imran Khan on Monday appeared before the Lahore high court which granted him protective bail in a case linked to violent protests outside the election commission, amidst high drama inside the court premises where hundreds of his supporters converged to show solidarity with him.
The decision is keenly awaited as it would determine the course of Pakistan's polity and with it Sharif's. An adverse decision may result in Sharif's disqualification, or even snap elections.
Khan, who is believed to have the backing of the powerful military, has vowed to make a 'Naya Pakistan' which would be an Islamic welfare state.
The newly-elected National Assembly, the lower house of Parliament, is meeting to elect the prime minister.
Demonstrators took to the streets to protest against what they called the rigged election in which Pakistan ruling party is said to be winning, and erected barricades to block the movement, Dawn reported.
Being a son of Nehru's dentist is not the only connection that Alvi has with India. He is yet another president whose family migrated to Pakistan from India after partition. His predecessors Mamnoon Hussain's family came from Agra and Pervez Musharraf's parents migrated from New Delhi.
A prominent Sikh politician in Pakistan, who was gunned down last week, was killed by contract killers hired by his miffed Hindu rival after he failed to secure a ticket for elections, police said .