They have reaped the rewards for their impressive performances during India's historic 4-0 series sweep over Australia.
Pujara's unbeaten 82 helped India script a six-wicket win in the fourth Test against Australia in Delhi, which led to the Saurashtra batsman moving into the top 10 of the Player Rankings for the first-time in his career.
Pujara, who amassed 419 runs at an average of 83.80 in the series, has jumped five places to a best-ever seventh position with 777 ratings points while Ashwin, who was named man-of-the-series for his 29-wicket series haul, is now at a best-ever sixth spot, having jumped two places.
India skipper Mahendra Singh Dhoni, the double centurion in the Chennai Test, has jumped two places to 22nd position along with West Indian Chris Gayle while Murali Vijay, the other Test centurion in Hyderabad, has jumped three places to 40th position in the batsmen's list headed by South Africa's Hashim Amla.
The latest rankings were released today, a day after England's magnificent fight back in the Auckland Test which denied New Zealand a series win. The result left the series deadlocked at 0-0.