During the ICC board meeting, the global body also approved a series of women's Associate Member T20 competitions to boost the competitiveness of smaller cricket-playing nations as it prepares for the expansion of women's events in the 2028-2031 cycle.
In the T20 batting chart, India batsman KL Rahul lost a place to be at the third spot but skipper Virat Kohli retained his sixth position.
England captain Jos Buttler has inched up to seventh position, Jonny Bairstow is up eight places to 36th while Pakistan opener Fakhar Zaman has advanced from 57th to 51st.
In T20Is, Australia are on 299 rating points, stretching their lead over second-placed England from 14 to 18 rating points.
India have overtaken Australia to regain the top position in the MRF Tyres ICC Test Team Rankings following the annual update that drops results from the 2019-20 season.
Pace legend Waqar Younis is backing Pakistan to win the T20 World Cup to be held in Australia later this year, saying the pitches Down Under could favour their potent bowling attack.
The battle for the two remaining spots at the ICC Men's T20 World Cup 2022 takes place in Zimbabwe next month with the match schedule now confirmed for the eight participating teams.
Former England captain Nasser Hussain praised Malan for his versatile style and consistency.
At the regional level, there will be 67 Associate Members taking part, said the ICC, adding that due to the depth of strength within Africa and Europe, both regions have sub-regional qualifiers feeding into a final qualifier for the region. Africa, Americas, EAP and Europe will have one top tier regional qualifier and Asia will have A and B to determine which teams will progress into the two eight-team global qualifiers.
For South Africa, Rassie van der Dussen has advanced three slots to the sixth position, just one shy of his career-best, after scores of 34 not out and 52.
Pakistan are now on 286 points while the next four teams are within two points of each other
KL Rahul retained his third position, while India captain Virat Kohli improved a rung to the seventh spot in the ICC men's T20I Batting Rankings.
India are placed fifth while three-time champions Australia lead the 46-team table as the International Cricket Council (ICC), on Friday, launched global Women's T20I Team Rankings.
India spinner Kuldeep Yadav moved up one place to take a career-best second position in the ICC Men's T20I Player Rankings after grabbing two for 26 in the final match against New Zealand.
KL Rahul leads a pack of India players who have shot up the MRF Tyres ICC Men's T20I Player Rankings after the visitors stormed to a 5-0 series win in New Zealand. Rahul's series topping aggregate of 224 runs has lifted him four places to a career best-equaling second place.
India opener Smriti Mandhana has jumped three places to reach a career-best third position in the latest ICC Women's T20I Player rankings released on Sunday.
Australia have moved to the top of the Test and T20I rankings for men while England continue to lead the men's ODI rankings after the annual update carried out on Friday, which eliminates results from 2016-17. In the latest update, that rates all matches played since May 2019 at 100 per cent and those of the previous two years at 50 per cent, Australia (116) have taken over from India as the top ranked side in the MRF Tyres ICC Men's Test Team Rankings with New Zealand (115) remaining in second place. India are now third with 114 points.
India remained static at second in the latest ICC Twenty20 Rankings, which continued to be headed by Sri Lanka.
Teenage Indian batting sensation Shafali Verma on Wednesday rose to the top spot in the ICC women's T20 International rankings, riding on her stellar run at the T20 World Cup in Australia. The 16-year-old Verma takes over from New Zealand's Suzie Bates, who had been the top batter since October 2018 after wresting the spot from West Indies captain Stafanie Taylor.
Riding on a superb unbeaten run in the ongoing World Twenty20, India dislodged Sri Lanka to clinch the top rung in the ICC rankings.
According to an ICC release, Maxwell's scores of 56 and 113*, in the two T20Is that helped Australia claim the series 2-0, helped him rise two positions to 3rd in the rankings.
The Eoin Morgan-led England team rose three places after gaining seven points to now sit on 121 points and four points behind table-toppers New Zealand, who have dropped two points (125 points).
Two-time World Twenty20 champions the West Indies can leapfrog second-ranked India in the MRF Tyres ICC T20I Team Rankings when they go head-to-head in the two-match series in Lauderhill, Florida, on August 27 and 28.
The 19-year-old wonder spinner has gained 54 points to finish with 813 points, 80 more than second-placed Shadab Khan of Pakistan.
India captain Virat Kohli consolidated his position at the top of the table, while openers Rohit Sharma and Shikhar Dhawan moved up in the latest ICC T20I Player Rankings.
Harmanpreet, who was the second highest run-maker during the recently concluded ICC Women's World T20 event, gained three slots to reach the third position.
Placed eighth in the International Cricket Council's T20 batting charts, captain Virat Kohli will look to improve his and Team India's rankings in the upcoming series against Ireland and England.
If Australia win all four Tests against India, and South Africa beat Pakistan 3-0, then South Africa will take over the No. 1 spot, ahead of Australia by a fraction of a point.
All that's transpired on and off the cricket pitch on Saturday.
Among others, Afghanistan leg-spinner Rashid Khan has moved up to take top position among bowlers with some fine performances in a 2-0 series win over Zimbabwe.
Rival openers Evin Lewis of the West Indies and India's Lokesh Rahul have made huge gains in the latest ICC Players Rankings for T20I Batsmen after slamming fine centuries in the recent two-match series in Lauderhill, USA, played on 27 and 28 August. The first match, in which a T20I record aggregate of 489 runs were scored, saw Lewis slam a 49-ball 100 in the West Indies' total of 245 for six that has helped him move up 288 slots to reach 51st rank.
India will not face arch-rivals Pakistan in the group stages with both teams placed in separate groups.
Australia regained the prestigious ICC Test mace and also won a cash award of $1million after beating New Zealand in the Christchurch Test by seven wickets and winning the series 2-0 on Wednesday. Australia finished two points ahead of India with 112 points in the final series before the April 1 cut-off date.
Besides preparing for the 16-team World Twenty20 2016, India and South Africa will also aim to improve their positions on the ICC T20I Team Rankings.
India off-spinner Ravichandran Ashwin will be gunning for the No.1 spot in the ICC Player Rankings for Test Bowlers as an interesting contest promises to develop with Pakistan leg-spinner Yasir Shah, who wrested the top spot following a 10-wicket haul in the Lord's Test that ended on Sunday.
Murali Vijay and Cheteshwar Pujara eye top 10 places while Ravindra Jadeja jumps to career-best third position among Test all-rounders.
The Indian cricket team will open its campaign in next year's World Twenty20 Championships against arch-foes Pakistan when the event is staged in Bangladesh from March 16 to April 6.
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