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Who will be next PM as protest continues against alleged vote-rigging in Pakistan

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Pakistan’s surprising election results have pushed the political parties into coalition talks but at the same time the people who voted in large numbers, have continued to protest for five consecutive days over alleged vote-rigging in the 8 February parliamentary elections.

Former Prime Minister Imran Khan’s party, Pakistan Tehreek-e-Insaf (PTI, and the Jamaat-e-Islami party had called on their supporters to take to the streets and rally outside the election commission office.

Thousands of supporters of Imran Khan, who is in jail over fraud allegations, and other political parties have blocked key highways in the southwestern province of Balochistan to protest the alleged rigging, but the Pakistani election authorities rejected allegations pertaining to rigging during the elections.

Intendent candidates backed by Khan were able to secure 93 out of 265 seats contested in the National Assembly, or lower house of parliament. It has been reported that Khan’s candidates had secured more seats compared to other political parties who hatched conspiracy and ousted him from power nearly two years ago.

Pakistan election body rejected vote-rigging in general elections

The Election Commission of Pakistan (ECP) has strongly refuted allegations of vote-rigging during the elections but acknowledged the occurrence of a few irregularities.

The electoral watchdog acknowledged that it does not deny the occurrence of a few irregularities and that relevant forms were available for investigation, ECP said in a statement, adding immediate decisions are being taken on complaints filed.

Supporters of Pakistani former Prime Minister Imran Khan’s party, the Pakistan Tehreek-e-Insaf (PTI), block the Peshawar-Islamabad motorway as part of their protest against the results of the general election, in Peshawar, Pakistan, February 12, 2024. REUTERS

However, the election body said that the electoral process was peacefully organized despite “difficulties and issues” and furthered that conducting the elections smoothly was a “major operation” which was completed successfully.

Commenting on the delay in election results, the ECP said that the suspension of mobile services on February 8 created some hindrances in the sending of electronic data by presiding officers.

“Except for some constituencies, the results of the elections were completed within one-and-a-half days,” the statement said, adding, “the delay in results in some constituencies did not benefit or harm any specific political party.”

Despite 265 seats in the National Assembly, the polling was also held for 590 seats of provincial assemblies.

Caretaker PM says election result delays due to security reason

Pakistan’s caretaker Prime Minister Anwaarul Haq Kakar said that the election result was delayed due to security reasons, adding that the pool was a “level-playing field” for all.

“There were large reports throughout the country that these non-state actors, these terrorists, are planning to come and sabotage the whole process. So, what was the choice with the government to itself from so-called accusations of meddling into the election, or go for the protection of the people. We choose the second,” Kakar added.

He furthered, “level-playing field was of course available as a process to everyone and all the participants. If it was not available then how come you have a largest group in the National Assembly which is being supported by PTI, I mean they’re the single largest group and still we are being accused that we managed the rigging.”

Political parties split on whether to join a coalition government

After Khan’s party had secured more seats in the National Assembly no other choice left for major political parties like the three-time Prime Minister Nawaz Sharif and Foreign Minister Bilawal Bhutto Zardari for a coalition talk.

Though now it is very clear that the Pakistan Muslim League (N) would dominate the coalition government in center, some of its top figures are reluctant to give much more share to the Pakistan People’s Party. Imran Khan’s Pakistan Tehreek Insaf affiliated independents are in majority but they are scattered and some of them, mostly from Punjab are joining PML(N).

The PML-N party of former PM Nawaz Sharif says it continues to negotiate with the PPP to clinch a partnership. Reuters

So far results of 264 out of 266 National Assembly seats have been declared by the Election Commission of Pakistan. According to these results, the independents over 95pc affiliated with PTI are dominating the list with 92 and they are followed by PML(N) with 79, PPP with 54 and MQM with 17. After notification of reserve seats for women and non-Muslim minorities, the PML(n) like to undue PTI backed independents but it will be hard for it to have its own government in center.

Whatever may be the final figures of the National Assembly, PML(N) has no option other than entering into an agreement with PPP for establishing a coalition government. So far negotiations between the two parties are progressing and likely to ink the agreement in the very near future. According to reports, the PM office is likely to be retained by PML(N) and the President and Speaker offices would go to PPP. It is premature to say but Shahbaz Sharif is acceptable not only to the PPP but also to the powerful military establishment.

Is the coalition government a better option?

Unlike in the past, this time PML(n) vocal against military establishment like Khawaja Saad Rafique, Sheikh Rohail Asghar and others had also failed to make routes to parliament. There are reports that like outgoing caretaker government, ministers, advisors and other nominees for key official posts will be required clearance from state organs.

Like the capital (Islamabad), similar is the situation in Balochistan where no party got a single majority. Both PPP and JUI(F) are in majority with 11 berths each in the house of 51. PML(N) is second with 10 whereas strength of independents is 6. All nationalists both Pushtoons and Baluch, remained with single digits. Situation in Khyber Pakhtunkhwa is favorable for PTI whereas its backed independents got an overwhelming majority. The PTI is in the position of its own government but its leaders are divided regarding future political strategies.

Ironically, despite fueling or strengthening its position in Khyber Pakhtunkhwa, the PTI is now ahead with capable leadership. Almost all its top leaders like ex-speaker Asad Qaisar, former federal and provincial ministers like Ali Muhammad Khan, Sheheryar Afridi, Atif Khan, Ms Shandana Gulzar, Arbab Sher Ali, Ali Asghar Khan and others were elected to National Assembly. Only ex-Federal Minister Ali Amen Gandha Pur elected to both National and Provincial Assemblies and he decided to quit the NA seat and eyeing on the office of Chief Minister but some of his own party fellows like Atif Khan from Mardan are in his opposition.

Like past, 2024 elections will also fail to settle crippling issues in Pakistan

“No doubt to mention that like in the past, 2024 elections also would face failure in settling the issues ahead to the country and its people,” Shamaim Shahid, a Pakistani political expert said.

Speaking to Harici, he said that beside other difficulties, Pakistan is facing hard issues like “economic disorder, bad governance, security, religious extremism and militancy.”

He went on saying that all those who reached into parliament lacked capacities and capabilities in handling these issues. However, there is a possibility if the powerful military establishment gives up its decade’s old behavior of “interference and intervention in politico-administrative affairs of the country.

ANP Senator Afrasiab Khattak

As Mr. Shahid hinted at a bad security situation, at least three people were killed and five others wounded when unidentified attackers opened fire on a vehicle in the rally of Pakistan Peoples Party. The incident happened when people on board the vehicle were going to congratulate PPP candidate Ahmed Karim Kundu for his victory in a provincial assembly set in the general elections, according to DAWN.

A police official said that the incident happened in the limits of Hattala police station and said that immediately police reached the spot after receiving information and shifted the dead and injured to hospital.

No free and fair elections in the history of Pakistan

On 8 February, the election day in Pakistan, the process was apparently conducted in a transparent way and no rigging was seen at first place when the people approached polling stations to cast their votes, said a Pakistani veteran politician.

Former Pakistani senator, Afrasib Khattak, said that rigging in the election came after the process of counting votes started and the people staged protests against it.

“People went to vote enthusiastically, but immediately turned to the streets to protest against enormous election rigging being designed by the military establishment,” Khattak, who is also a leader of the National Democratic Movement, told Harici.

He lamented that some Pakistan authorities resorted to violence and some police officials started beating up some protestors and even shooting directly toward them, resulting in casualties.

Regarding vote-rigging, Khan said that the first rigging in the election was when Imran Khan’s political party was barred from election campaign, and second had been carried out on the night of the election day.

“In some states the majority of rigging happened against Khan’s candidates, but most of the political parties have the same complaint that the election was not conducted in a transparent, free and fair way,” he added.

He furthered that violence had erupted in Khyber Pakhtunkhwa, and in Waziristan as well in which an armed attack happened against Mohsin Dawar, the Chairman of the National Democratic Movement in Waziristan. “Three people were killed and Mr. Dawar received injures in the attack.”

Free elections were only conducted in 1970

Khattak furthered that rigging in the election has occurred in such a massive way that no political parties have the capability to do it except the establishment. “Vote-rigging occurred in all states. It is not the case in one or two provinces. And also, to force the officials of the election body to accept the election result could only be the work of the Pakistani military establishment,” he furthered.

“The only one free and fair election in the history of Pakistan was in 1970, in which a politically party with majority of them were Bangali’s, had won the election, but the opposition didn’t accept the result, unleashing deep political crisis that caused separation of Pakistan and formation of Bangladesh as an Independent country,” he added.

Since that, in every election, the military establishment has interfered in the elections.

Khattak furthered that no parties had won the election and now major political parties are considering the formation of coalition government, which he believes is not an easy job.

“Within 21 days after the election, the government must be formed, which means at the first week of March, the government should be announced and before that the political parties should negotiate form a coalition government, and this is a time-consuming process,” he added.

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Chinese chipmaker profits surge 2,500% on explosive AI computing demand

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Major Chinese microchip manufacturers saw their profits surge by 2,579.5% in the first half of 2026, driven by unprecedented demand for artificial intelligence and computing capacity.

Data from China’s National Bureau of Statistics, cited by the South China Morning Post (SCMP), underscored the industry’s sharp upward trajectory.

Yu Weining, senior statistician at China’s National Bureau of Statistics, explained that this surge is directly connected to the accelerating integration of artificial intelligence across various sectors.

Yu noted that this process has increased the need for computing capacity. The demand for computational processes also lifted profits across the entire electronics industry by 97% year-on-year.

Profits of major Chinese industrial enterprises with an annual revenue exceeding 20 million yuan ($2.9 million) rose 18.7% in the first six months of the year, reaching 4 trillion yuan.

In the first half of 2025, before the global data center construction process had begun, industrial profits had dropped by 1.8% to 3.4 trillion yuan, while profit growth in the electronics sector remained at 3.5%.

The SCMP reported that the global AI boom has generated explosive demand for high-performance computing systems and memory chips, causing a structural pivot in China’s industrial landscape.

Data showed that integrated circuit production in the first half of the year grew by 23% year-on-year to reach approximately 280 billion units.

This figure means that the country produced an average of more than 1.5 billion chips per day.

The profit growth is also corroborated by forecasts from China’s leading chipmakers. Shenzhen Longsys Electronics, one of the largest memory module manufacturers, expects its profits to increase by more than 600-fold in the first half of the year.

Flash memory maker GigaDevice projects that its net profit will surge by approximately 1,099% year-on-year due to supply shortages and rising product prices.

Chinese companies in the AI chip segment are also demonstrating strong profit growth, albeit at a more moderate pace compared to the memory market.

Hygon Information Technology, which develops central processing units and computing units for artificial intelligence, projects that its profits will rise by up to 52.3%.

CXMT hits record high on Shanghai Stock Exchange

Shares of Chinese chipmaker CXMT gained more than 500% on their first day of trading on the Shanghai Stock Exchange on July 27, jumping from 8.66 yuan to 55 yuan.

As a result of this sharp surge in its shares, CXMT’s market valuation reached 3.65 trillion yuan ($539 billion), making the company China’s most valuable publicly traded firm.

At the peak of the rally—even though quoted prices underwent a slight correction toward the close of the trading day—CXMT surpassed Tencent, which was trading on the Hong Kong Stock Exchange with a market capitalization of $514 billion.

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Massive student movement over exam leaks forces resignation of India’s education minister

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Indian public examination reform proposals follow education minister’s resignation after nationwide youth protests

India’s federal government introduced legislation in parliament on Monday to amend the law governing public examinations, days after the “Cockroach” movement forced the resignation of Education Minister Dharmendra Pradhan following nationwide youth protests.

The bill incorporates enhanced sanctions, including longer prison sentences and higher fines for those found responsible for exam leaks and irregularities.

The demonstrations are widely viewed as the most significant youth-led challenge faced by Prime Minister Narendra Modi since he took office in 2014.

What triggered the protests?

Nearly 2 million students took the National Eligibility cum Entrance Test (NEET), an undergraduate medical entrance examination, in May. The federal National Testing Agency cancelled the exam on May 12 following allegations that question papers had been leaked. The examination was re-administered on June 21.

Young people took to the streets to protest against examination fraud, youth unemployment, and a perceived lack of future prospects.

According to a BBC report, the unemployment rate among university and college graduates aged 15 to 25 in the country stands at a critically high level of 40%. The addition of corruption in public examinations to existing economic strain broke the patience of the youth.

Abhijeet Dipke, founder of the Cockroach Public Party (CJP) movement, led the protests.

The movement derived its name from remarks made in May by Supreme Court Judge Surya Kant, who used the terms “cockroach” and “parasite” in a derogatory reference to unemployed youth and protesters. Young demonstrators adopted the insult as a symbol and named their movement after it.

How the movement unfolded

Young protesters organized street demonstrations demanding the resignation of Education Minister Pradhan. Dipke, who initiated the movement in New Delhi, subsequently organized protests in other parts of the country.

Sonam Wangchuk, one of the protesters, began a hunger strike at the demonstration site in support of the movement. As his physical condition deteriorated, authorities forcibly transferred him to a hospital.

The reaction to Wangchuk’s forcible removal from the protest site caused crowds at the venue to expand rapidly.

Tens of thousands of protesters faced tear gas and baton charges by police while attempting to march on parliament. Some demonstrators engaged in clashes with law enforcement officers.

CJP leaders held talks with ministers from the Modi government, who requested time to evaluate the protesters’ demands internally.

Modi called for unity among lawmakers in the ruling coalition to implement strict measures against exam paper leaks, punish those responsible, and establish a secure, leak-proof system.

Opposition representatives led by Rahul Gandhi staged a sit-in at the entrance of Modi’s official residence demanding Pradhan’s resignation. They were briefly detained by police before being released.

Opposition lawmakers supporting the student protesters disrupted proceedings in parliament. Demonstrations expanded to other regions of the country, including the financial hub of Mumbai.

In his first direct statement regarding the protests, published in a post on X, Modi announced that special courts would be established to prosecute individuals involved in exam paper leaks. Protesters rejected the proposal.

Movement leaders held a second round of talks with the government after Wangchuk ended his 26-day hunger strike.

Following those discussions, the government requested time until the afternoon of the following day to respond to the demand for Pradhan’s resignation.

Education Minister Pradhan subsequently announced his resignation, stating that he was stepping down in light of the situation at the protest site and across the country, as well as to prevent “external forces” from exploiting the environment.

On July 26, Modi announced the creation of a task force headed by technology entrepreneur Nandan Nilekani to overhaul the country’s examination system.

On Monday, July 27, the government presented a bill to parliament proposing amendments to the law governing public examinations. The legislation introduces stiffer penalties for offenders, including extended prison terms and increased monetary fines.

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China’s DeepSeek prepares for 2027 mainland IPO, aims for $71 billion valuation in new funding round

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DeepSeek, the China-based startup developing artificial intelligence models, has begun preparations for an initial public offering (IPO).

According to a Bloomberg report citing sources familiar with the matter, the company plans to file its IPO application either this year or early next year.

The sources noted that the filing timeline will depend on the readiness of the company’s financial reports, with DeepSeek projected to go public on a mainland Chinese stock exchange in 2027.

Prior to the IPO, DeepSeek also aims to conduct a new funding round. In this second investment round, the company reportedly plans to raise at least 10 billion yuan (approximately $1.48 billion), a process expected to push its market valuation to at least 480 billion yuan (approximately $71 billion).

The AI startup, which secured $7.4 billion in its first funding round, saw its market valuation exceed $50 billion, rendering DeepSeek the most valuable artificial intelligence company in China.

The company’s founder, Liang Wenfeng, personally invested $3 billion of his own capital into the DeepSeek project. According to data from the Bloomberg Billionaires Index, Liang’s stake in the company fell from 90% to 78% following the latest investment round.

Despite this decline, Liang’s personal wealth more than doubled, rising from $16.7 billion to approximately $36 billion.

This surge has positioned Liang as the wealthiest founder of an AI model-developing company in the world.

According to earlier reports by Reuters, the investment round was structured under an unusual partnership model that allows founder Liang Wenfeng to maintain administrative control over the company.

Under this framework, which requires investors to provide funds to a limited liability partnership managed by the company’s general manager rather than investing directly in DeepSeek, backers are not granted voting rights. Furthermore, the provided funds are locked and cannot be withdrawn for a period of five years.

The China National Artificial Intelligence Industry Investment Fund was the sole institution exempted from these strict rules, investing approximately $150 million directly into DeepSeek.

Based in Hangzhou, China, DeepSeek was founded by Liang Wenfeng in 2023.

The company was structured as a unit within Zhejiang High-Flyer Asset Management, a hedge fund specializing in artificial intelligence that Liang launched alongside two former university classmates.

In early 2025, DeepSeek released a new artificial intelligence model offering performance comparable to US rivals such as OpenAI, but at a significantly lower operating cost.

Following these developments, founder Liang Wenfeng stated that the company will continue to develop open-source artificial intelligence models, emphasizing that their ultimate global objective is to achieve artificial general intelligence (AGI).

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