The Chirag-Satwik pair won the Thailand Open in May to reclaim the No.1 ranking but suffered loss of form and made a first-round exit from the Singapore Open last month.
US Open champion Prannoy, who had reached a career-best World No 11 ranking last week, improved a place further to grab the 10th spot. He has been rewarded for his consistent performance this season where he reached the semi-finals at the Indonesia Open and French Open.
The unseeded Indian duo had to toil hard for 58 minutes to win its round of 16 clash
'Otherwise, how will India become a sporting nation and how will we compete to beat China to win 60 Olympic medals?'
The introduction of badminton's controversial 'skirt rule' has been postponed by a month to grant female shuttlers more time to adapt to the dress code, the game's governing body said.
Two-time Olympic medallist PV Sindhu and HS Prannoy have been handed relatively easy groups for the Paris Games, which begin on July 26.
A new "unreturnable" spin-serve had caught the attention of the world's top badminton players with even the Indian doubles shuttlers putting in the hard yards to master this latest skill, which many believe can give "unfair" advantage to the players.
Treesa Jolly and Gayatri Gopichand went down to World No 4. pair Nami Matsuyama and Chiharu Shida in the semi-finals on Saturday.
Indian shuttlers P V Sindhu and Kidambi Srikanth crashed out in the group stages after losing their respective second round matches in the BWF World Tour Finals, in Bangkok, on Thursday.
After Canada Open triumph, Sen jumps 7 places to be at 12th spot in world rankings
A former world no. 2, Sindhu has regained her place in the top 5 after three years. The former world champion from Hyderabad resumed her training on Monday after recovering from the injury.
'We both are big foodies. We make it a point to go out and try different food after our matches.'
The Indian men's team qualified automatically by virtue of being the defending champions while the women made the cut after winning a historic gold medal at the Badminton Asia Team Championships in Malaysia earlier this year.
India's Kiran Geroge moves to quarters, Ashmita bows out of Thailand Open
Just like in her campaign opener against Japan's Akane Yamaguchi on Wednesday, Sindhu squandered a game advantage to lose yet again in the year-ending BWF World Tour Final
Coaching is the toughest job: Saina Nehwal on her future
The world number nine will play Hong Kong's fifth seed Angus Ng Ka Long in the last eight stage.
Sindhu stands on the brink of history as she pursues the gold medal in the upcoming Games, having won a silver and bronze in 2016 Rio and 2020 Tokyo edition respectively.
PV Sindhu still has the hunger to succeed, and the primary aim is to help her regain consistency, says her new coach Anup Sridhar, who has been roped in by the two-time Olympic medallist on a trial basis following the Paris Games.
Olympic medallist P V Sindhu is also missing in action as she recovers from an injury.
Satwik-Chirag dished out a gritty performance to outwit the local favourites a
Indian shuttler Kidambi Srikanth was pushed to the brink of exit after he suffered his second consecuitve loss in the BWF Super Series Finals, losing in straight games to Denmark's Viktor Axelsen in the men's singles in Dubai.
The top-16 in the world by April-end will make the cut for the Olympics.
India's Lakshya Sen and Priyanshu Rajawat suffered straight-game defeats in their respective pre-quarterfinal matches to crash out of the men's singles competition of the Indonesia Masters, a BWF World Tour Super 500 tournament, in Jakarta on Thursday.
The Indian badminton team returned empty-handed from the Olympics for the first time in over a decade.
Srikanth, now ranked five, was placed seventh before the Malaysia Open, where he lost his last-four clash to the reigning Asian champion Kento Momota.
Sindhu's disappointing performances have seen her to slip to 17th in the BWF world rankings, her worst slump in a decade. Her previous highest ranking was 2nd in 2016.
Satwiksairaj and Chirag won 21-17, 21-11.
Ace Indian shuttler Saina Nehwal has been nominated for the Woman Player of the Year Award of the Badminton World Federation after a consistent season which saw her occupy the world number one spot for a brief period.
Lakshya Sen, who won both his matches to play his part in the silver medal-winning effort in men's team event, too dropped one spot to world number 15. Kidambi Srikanth gained a spot to 20th.
Another impressive week ended with a creditable semifinal finish for star shuttler Lakshya Sen after he stumbled to a three-game loss against Indonesia's Jonatan Christie at the All England Championships in Birmingham on Saturday, prolonging India's long wait for the coveted trophy.
HS Prannoy climbed up two spots to achieve a career-best world number seven
Satwiksairaj Rankireddy and Chirag Shetty gained a place to achieve a career-best ranking
Kidambi Srikanth's opening round match ended in agony as he retired due to a knee injury after lagging 14-21, 3-11 against Japan's fifth seed Kodai Naraoka.
This was the third title for the Indian duo -- they had clinched the Abu Dhabi Masters Super 100 and Nantes International Challenge this year.
Ace Indian shuttler Saina Nehwal has been nominated for the 2012 Female Player of the Year Award of the Badminton World Federation on the back of an impressive performance in the season which had seen her win a bronze medal in London Olympics.
The Indian duo needed just 35 minutes to beat Lu Ming-Che and Tang Kai-Wei of Chinese Taipei in the semi-finals of the Super 500 tournament.
Indian Mithun Manjunath stunned fourth seed and world number seven Kean Yew Loh of Singapore in the opening round while PV Sindhu and Kidambi Srikanth secured straight-game wins.
Olympic bronze medalist Saina Nehwal dished out a dominating performance to post a straight-game win over two-time All England Champion Shixian Wang of China and start her campaign on a positive note at the season-ending BWF World Super Series badminton final in Dubai.
Kiran George lost to World champion Kunlavut Vitidsarn of Thailand in the quarter-finals of the Indonesia Masters.