India are now second in the Twenty20 charts, behind New Zealand.
Australia and New Zealand have retained the top two positions on the ODI rankings. Results from 2012-13 have been dropped, while results from 2014-15 have been reduced to a weighting of 50 per cent.
Australia, who won their fifth World Cup title in Melbourne last year, are now sitting on 124 points after dropping two points to lead New Zealand by 11 points.
Other sides to gain following the annual update include sixth-ranked England (103, up two), seventh-ranked Bangladesh (98, up one), eighth-ranked West Indies (88, up two), 10th-ranked Afghanistan (51, up four) and 11th-ranked Zimbabwe (47, up two).
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A significant date on the ICC events calendar is 30 September 2017, which is the rankings cut-off date for the ICC Cricket World Cup 2019.
The host, England, and the seven next highest-ranked sides on the MRF Tyres ICC ODI Team Rankings on September next year will qualify directly for cricket's biggest event, while the bottom four ODI ranked sides will join the top sides from the ICC World Cricket League in the ICC Cricket World Cup Qualifier 2018 to fight for the two remaining positions.
All the teams bunched together in the middle of the table will have to win as many matches as possible in the forthcoming season, knowing it will help ensure direct qualification for the ICC Cricket World Cup 2019, which will be staged from May 30 to July 15 in the United Kingdom.
However, when the ratings are calculated beyond the decimal point, then New Zealand are ahead of Mahendra Singh Dhoni's side by +0.21. ICC World Twenty20 2016 champions West Indies have slipped to third after conceding three points. The main reason for the West Indies' slip is that teir results from the 2012-13 season, which includes victory in the ICC World Twenty20 Sri Lanka 2012, have now been dropped.
The West Indies now lead fourth-ranked South Africa by three points.