And victory over West Indies and Australia in the remaining group games of the tournament could see Rahul Dravids side return to third in the table.
With top team Australia and second-placed South Africa both having lost ground on their nearest rivals following recent defeats in India, the way is now clear for a buoyant Indian side to close the gap. The hosts play West Indies in Ahmedabad on Thursday in an effort to secure safe passage to the semi-finals of the competition.
Meanwhile, South African captain Graeme Smith and West Indian all-rounder Chris Gayle are using the ICC Champions Trophy to put pressure on the Australian pair of Mike Hussey and Adam Gilchrist at the top of the LG ICC Rankings for ODI batsmen.
Gayles fine performances, particularly his unbeaten century against Bangladesh, have moved him up five places in the batting list to fourth overall. The 27-year-old Jamaican is also up five places in the bowling rankings to 24th position and he retains his position as second-best ODI all-rounder behind South Africas Shaun Pollock.
Another big mover is Pollocks team-mate Smith, who has moved up four places to third overall in the LG ICC Rankings for ODI batsmen following his 42 in a losing cause against New Zealand at Mumbai last week. But with just ten ratings points separating third and seventh, there is likely to be plenty more movement before the end of the tournament.
Australian captain Ricky Ponting has dropped five places to number nine in the batting list after a disappointing start to his ICC Champions Trophy campaign. Hussey and Gilchrist maintain their positions at one and two respectively as both have contributed meaningfully with the bat.
Meanwhile, the biggest mover has been Upul Tharanga of Sri Lanka, who has shot up 28 places to 16th place after hitting two fine centuries in the preliminary stage of the tournament, 38 against Pakistan last week and 56 against the Black Caps on Friday.
In the bowling rankings, Pollock has retained his place at the top, well clear of Australias Brett Lee in second. Lee is under severe pressure from West Indian Ian Bradshaw, who has moved up three places and is now just two ratings points behind him.
Bradshaws team-mate Jerome Taylor has moved up 11 places to 33rd after his fine performance against Australia on Wednesday, which included the first hat-trick by a West Indian in an ODI.
The biggest mover in the bowling rankings has been Sri Lankan Lasith Malinga, who has gone up 24 places to number 28 after a solid start to the tournament.
ICC ODI Rankings (Team): 1) Australia 2) South Africa 3) Pakistan 4) India 5) New Zealand 6) Sri Lanka 7) West Indies 8) England 9) Bangladesh 10) Zimbabwe 11) Kenya
Batsmen: 1) Mike Hussey (Aus) 2) Adam Gilchrist (Aus) 3) Graeme Smith (RSA) 4) Chris Gayle 5) Ramnaresh Sarwan (WI) 6) Kevin Pietersen (Eng) 7) Andrew Symonds (Aus) 8) Kumar Sangakkara (SL) 9) Ricky Ponting (Aus) 10) Mahendra Singh Dhoni (Ind)
Bowlers: 1) Shaun Pollock (RSA) 2) Brett Lee (Aus) 3) Ian Bradshaw (WI) 4) Nathan Bracken (Aus) 5) Daniel Vettori (NZ) 6) Glenn McGrath (Aus) 7) Shane Bond (NZ) 8) Muttiah Muralitharan (SL) 9) Harbhajan Singh (Ind) and 10) Irfan Pathan (Ind)
All-rounders:1) Shaun Pollock (RSA) 2) Chris Gayle (WI) 3) Andrew Flintoff (Eng) 4) Sanath Jayasuriya (SL) 5) Irfan Pathan (Ind) 6) Andrew Symonds (Aus) 7)Shoaib Malik (Pak) 8) Abdul Razzaq (Pak) 9) Scott Styris (NZ) 10) Paul Collingwood, (Eng).