He is the first Indian player since Sachin Tendulkar in June 2011 to lead the rankings and ends Steve Smith's 32-month spell at the top.
The ICC on Thursday announced the nominees to recognise the best performances from both male and female cricketers across all forms of international cricket.
FICA warned that the players may stage a revolt against the ICC if it remains 'incompetent' in its handling issues in the sport.
Kohli (886 points) and Rohit (868 points) have gained two and three ratings points, respectively to occupy the top two positions in the batting rankings.
The England Cricket Board will invite former players, including Ashes hero Andrew Flintoff, on the final day of the fourth Test against India to celebrate the team's rise to the top of ICC rankings.
Ravichandran Ashwin said on Tuesday that star Pakistan batter Babar Azam "should not be mentioned in the same line" as Indian icon Virat Kohli
Jasprit Bumrah, the fastest Indian pacer to 50 wickets, is now seventh in the bowlers' list after a leap of nine places owing to his five-wicket haul against the West Indies.
A draw in the fifth and final Test of Ashes series helped England leapfrog India to move into second position in the latest ICC Test Team Ranking chart, which is still headed by South Africa.
Steve Smith stayed top with 937 rating points, an incredible effort since he started the series in fourth position with 857 points before his surge that came courtesy 774 runs in four Tests.
Vijay in 11th spot; Kohli falls five places
Kohli, who made 0 and 62 in Chennai, stayed in fifth spot among batsmen with 838 points. Kane Williamson (919) of New Zealand retained the top position with Steve Smith (891) of Australia in second spot.
India captain Virat Kohli dropped one place to fifth despite his half-century against Pakistan for a lost cause in the ongoing T20 World Cup while team-mate KL Rahul slipped two slots to eighth in the ICC men's T20I Player rankings.
In the batsmen's rankings, Cheteshwar Pujara is the top-ranked Indian at the fourth position while opener Shikhar Dhawan climbed 21 places to be ranked 39th.
Former Australia skipper Ricky Ponting said that England batter Joe Root is fulfilling his full potential with his run over two years.
These five men bring invaluable experience, match-winning ability and composure under pressure -- crucial assets in India's quest for their third Champions Trophy title.
Veteran Sachin Tendulkar dropped out of the batting top-10 to the 13th spot, while pace spearhead Zaheer Khan slipped a spot to 10th in the bowling chart as India's misery in the Test series against Australia reflected in the latest ICC rankings issued on Sunday.
New Zealand Cricket has backed the proposed changes in the ICC's administrative structure, which would leave major decision-making in the hands of India, Australia and England, despite facing severe criticism from the country's players' association.
The 28-year-old Starc finished with a match haul of nine for 109, enabling him to overtake South Africa's new-ball bowlers Morne Morkel and Vernon Philander among others, eclipsing his previous best sixth position that he enjoyed in December 2016.
India batter Mithali Raj moved up a rung to second spot, overtaking Australian Lisa Sthalekar, in the ICC Women's ODI Player rankings issued on Friday. Mithali scored 59 against England and 75 not out against Sri Lanka in the ongoing ICC Women's World Cup group stage matches to guide them into the Super Six stage.
Indian batsman Rohit Sharma, who was adjudged player of the series in the recently-concluded one-dayers against the West Indies, on Sunday broke into the ICC ODI Rankings' top-50.
The runners-up will earn at least $1.28 million, while the losing semi-finalists will take home $787,500 each.
Zimbabwe batsman Charles Coventry vaulted into the top 100 of the Reliance Mobile ICC Player Rankings for ODI batsmen after his record-equaling knock of 194 against Bangladesh in the recently-concluded ODI series.
India head into the World Cup as World No 1, according to ICC rankings issued on Wednesday.
For now, Indian had managed to retain their No 2 spot in the ICC Test rankings. But faltering miserably in their ongoing tour of New Zealand, India are in danger of losing their second spot if Australia win their away series against South Africa starting on Thursday.
India can reclaim the top spot in the International Cricket Council ODI rankings if it blanks England 3-0 in the three-match series beginning on July 12.
Rodrigues's 132 runs in the three-match series against New Zealand have lifted her to second position
Sydney Sixers on Monday confirmed the signing of Shafali Verma and Radha Yadav for the upcoming Women's Big Bash League (WBBL).
India captain Virat Kohli continued to top the ICC Test batsmen's ranking but his deputy Ajinkya Rahane slipped a place to ninth spot. Kohli has 928 points, 17 more than second-placed Australian run-machine Steve Smith, in the latest edition of the rankings released on Saturday.
Kohli had achieved his highest rating after the Southampton Test against England earlier this year.
India's pace talisman Jasprit Bumrah's absence will certainly hurt India, but the team's quality batting and spin bowling make them title contenders alongside South Africa and Pakistan in the Champions Trophy.
Fast bowler Vernon Philander has achieved a career-best second position on the Reliance ICC Player Rankings for Test bowlers after inspiring South Africa to a 51-run victory over England in the third Test at Lord's, which gave the Proteas a 2-0 series win, and, with it, the number-one position on the Reliance ICC Test Championship table.
India lead South Africa by five points and need to win two matches in order to stop falling behind the Proteas.
Suryakumar Yadav, the lone Indian in the top 10, continued to top the charts in the latest ICC men's T20I player 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.
While Sachin Tendulkar's 2013 farewell became a national pilgrimage, a vibrant celebration befitting a cricketing deity, the exits of many other Indian icons this century have been quieter journeys into the twilight.
India jumped to the top spot with 114 rating points after their 3-0 series sweep over New Zealand.
The change in WTC rule, prompted by the disruption caused by the COVID-19 pandemic, allowed Australia (82.22%) to leapfrog India (75) to the top of the standings
As the battle for semi-final berths intensifies in Group B, top-ranked South Africa will aim to assert their dominance and secure a spot in the final four when they face a struggling England in a high-stakes Champions Trophy clash in Karachi on Saturday.
A look at some of India's key performers in the Under-19 T20 World Cup.
Ramiz Raja part of ICC working group formed to review cricket in Afghanistan