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The victory took the 35-year-old's professional record to 20 fights undefeated while Joshua, 32, suffered a third defeat in what could prove a watershed in his career.
The 36-year-old Beijing Olympics bronze medallist needed only five minutes and seven seconds to dispatch the Ghanaian.
The attack on Rushdie was met with shock and outrage from much of the world, along with tributes and praise for the award-winning author.
Fury made the announcement, two days after insisting he would make a comeback to the sport to complete a trilogy against fellow-Briton Derek Chisora
Pakistan Boxing Federation has reported about the missing of Suleman Baloch and Nazeerullah.
Certainly Birmingham had plenty of reason to party having come to the Games' rescue on short notice after Durban, South Africa, was stripped of them and delivered what by almost every standard was a hugely successful event.
The money will be shared respectively by the Mary Kom Regional Boxing Foundation and The Voice of Stray Dogs
Panghal bettered his silver from the last edition as he out-punched European Championship silver medallist England's Kiaran MacDonald.
Para powerlifter Sudhir had also won a gold medal after scripting a Commonwealth Games record in the men's heavyweight.
Panghal, who is vying to win the yellow metal after his silver in the last edition, came from behind to beat an aggressive Patrick Chinyemba of Zambia.