The ICC is considering awarding bonus points for innings victories or for a win above a certain big margin such as 100 runs.
West Indies edged out of Women's World Cup by 0.01 run-rate
Kohli gained two points for his half-century to get to 888 while Smith (911) lost 10 points in the table after scoring 1 and 1 in his two innings.
In the T20I rankings, Suryakumar Yadav continues his reign at the top of the batting charts, driven by his brilliant century in the third T20I against Sri Lanka.
Vastarkar was the big mover up the ODI charts for all-rounders, with the 24-year-old gaining four places to improve to 18th.
Harmanpreet, Shafali move up to tied 11th, Mandhana maintains 5th position
India captain Rohit Sharma moved up two places to third in the latest ICC ODI batter rankings following his stellar performance in the Champions Trophy final, while teammate Shubman Gill held on to the top spot.
Shubman Gill has reached a career-best 25th position in the MRF Tyres ICC T20I Player Rankings.
India dominates ICC Test Rankings
Manjrekar however, did flag India's overseas batting fragility.
South Africa's run to the WTC final has been driven by their dominant performances, especially at home. In those matches, their potent pace attack, featuring Kagiso Rabada (37 wickets in 8 matches at an average of 19.8) and Marco Jansen (29 wickets in 7 matches), has proved to be a game changer.
Opener Shubman Gill attained a career-best second position and is the highest-ranked among three India players who are now in the top 10.
Indian batter Suryakumar continued to hold onto the top position on the latest ICC T20I Rankings.
Australia opener Travis head on Wednesday toppled India's Suryakumar Yadav as the number one batter in the latest ICC T20 rankings.
Yashasvi Jaiswal, who has moved up a spot to seventh.
Rohit Sharma jumped five places to sixth in the ICC ODI ranking for batters.
Steve Smith overtook India's Cheteshwar Pujara to grab the No 3 spot in the ICC rankings
Cricket, one of the five new sports in Los Angeles, will return to the Olympics after 128 years, featuring six teams each in the men's and women's competitions in the 20-overs format.
Smriti Mandhana dropped a rung to fourth spot, while skipper Harmanpreet Kaur jumped two places to ninth position in the ICC Women's ODI batting rankings.
Senior India batter Shikhar Dhawan on Wednesday moved up a place to joint 13th spot in the latest ICC ODI rankings on the back of his match-winning knock against the West Indies in the first ODI.
In the ICC Test ranking for batsmen, Virat Kohli was in the second position, while Cheteshwar Pujara was placed sixth.
Pakistan captain Babar Azam has attained a career-best second position after notching two half-centuries in the final Test series against England in Karachi.
India managed to retain their third rank among T20 teams, while Virat Kohli has held on to his sixth spot in the ICC rankings for Twenty20 batsmen issued Thursday.
Virat Kohli's individual brilliance during India's disastrous show in the lost ODI series against New Zealand has helped the young batsman inch closer to the top spot in the latest ICC rankings issued on Saturday.
Ravichandran Ashwin has maintained the top spot among bowlers
India head into the World Cup as World No 1, according to ICC rankings issued on Wednesday.
Young Indian leg-spinner Ravi Bishnoi on Wednesday rose to the top spot in the ICC T20I bowling chart on the back of his recent player of the series-winning performance against Australia.
For the West Indies, who beat Pakistan by one wicket, Jermaine Blackwood gained nine slots to reach 35th position after getting 22 and 55. All-rounder Jason Holder is up five places to 43rd and captain Kraigg Brathwaite, who missed a first-innings century by three runs, advanced 18 places to 45th.
BCCI lauds Team India's incredible run at the ICC Champions Trophy
India captain Virat Kohli and senior batsman Rohit Sharma retained their number one and two position respectively in the ICC rankings for ODI batsmen, while pacer Jasprit Bumrah remained at the third spot in the bowler's list.
Jasprit Bumrah is firmly perched at the top of the bowlers' list.
For India to successfully defend the top ranking, they will have to draw at least one Test.
The team will be placed second behind Australia in the official rankings if they win the ongoing Border-Gavaskar trophy.
The current WTC system awards the same number of points -- 12 for a win, six for a tie and four for a draw -- which has given rise to discontent that India, England and Australia -- the Big Three in cricket -- "are disadvantaged as they play more games against each other".
Afghanistan and Punjab Kings all-rounder Azmatullah Omarzai is determined to translate his remarkable ODI achievements into the T20 format.
India lead South Africa by five points and need to win two matches in order to stop falling behind the Proteas.
After his stellar performance, Chakaravarthy credited senior players for helping him settle his nerves during the game.
Former Pakistan spinner Danish Kaneria has criticized Babar Azam for focusing on personal milestones over team success, expressing concerns about Pakistan's preparations ahead of their crucial Champions Trophy clash against India. He believes Pakistan's recent struggles, including a disappointing Tri-Nation Series campaign and a 1-1 draw against the West Indies in a home Test series, point to a lack of readiness for the India encounter.
Rohit Sharma and veteran batter Virat Kohli moved down a rung each to be placed 8th and 10th