The selectors had also proposed to pick one pair each for men's and women's doubles and two mixed doubles combinations through a round-robin tournament format to decide the final standings.
Srikanth outwitted world no. 24 Chinese Taipei's Wang Tzu Wei 21-17, 21-18 in a 43-minute contest.
Malvika Bansod pulled off a sensational straight-game victory over Paris Olympics bronze medallist Gregoria Mariska Tanjong of Indonesia in the women's singles opening round.
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.
In mixed doubles, Tanisha Crasto and Dhruv Kapila advanced to the second round with a 8-21, 21-19, 21-17 victory over Chinese Taipei's Chen Cheng Kuan and Hsu Yin-Hui.
Satwiksairaj Rankireddy and Chirag Shetty achieved a career-best world number three
As Kidambi Srikanth lost his second round match, India's campaign ended at the Singapore Open.
Coaching is the toughest job: Saina Nehwal on her future
President Droupadi Murmu on Wednesday congratulated the Indian badminton mixed team for clinching silver medal at the 2022 Commonwealth Games.
Tan Kim Her's voice was tinged with emotion as he reflected on the journey of Satwiksairaj Rankireddy and Chirag Shetty, the two men he paired and who fondly call him "Daddy".
P V Sindhu and Aakarshi Kashyap advanced to the women's singles second round at the Denmark Open Super 750 badminton tournament.
Battling an inconsistent form, double Olympic medallist PV Sindhu on Tuesday slipped five places to world number 17 in the latest BWF world rankings.
Saina Nehwal and Kidambi Srikanth's woeful run continued as they suffered first round exits
India thrashed lowly Nepal 3-0 in the quarter-finals to secure a historic medal after 37 years in the men's team badminton event at the Asian Games.
PV Sindhu cruised into the women's singles final with a dominating straight-game win over fellow Indian Unnati Hooda in the semis.
Two-time Olympic medallist P V Sindhu rallied from a game down to eke out a hard-fought win over Thailand's Supanida Katethong and enter the semi-finals of the Syed Modi International Super 300 tournament, in Lucknow, on Friday.
Lakshya Sen progressed to the quarter-finals of the China Masters Super 750 badminton tournament with a straight-games win, but two-time Olympics medallist PV Sindhu's campaign ended in the second round in Shenzhen, China, on Thursday.
Satwiksairaj and Chirag won 21-17, 21-11.
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.
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.
Sindhu expectedly faced no resistance from Uganda's Husina Kobugabe, winning 21-10, 21-9 in her pre-quarterfinal match.
Star Indian shuttler HS Prannoy has pulled out of the Denmark Open Super 750 tournament due to a back injury that troubled him during his maiden bronze medal-winning run at the recently-concluded Asian Games.
The Indian men's team will face Chinese Taipei in group C of Thomas Cup Final later in the day.
India's fancied shuttlers didn't break a sweat on way to completing a 5-0 sweep of Pakistan in their mixed team campaign opener at the 22nd Commonwealth Games in Birmingham on Friday.
Commonwealth Games champion Lakshya Sen continued to be the best-placed Indian at number seven while former world no. 1 Kidambi Srikanth gained a rung to the 11th position.
Rankireddy and Shetty, who had arrived in Madrid after winning the Swiss Open Super 300 last week, retired from their first-round match
Young shuttler Tanisha Crasto believes she and doubles partner Ashwini Ponnappa have the game to match the world's best.
Indian women's badminton star Saina Nehwal crashed out of the women's singles competition in the first round after a loss to China's Zhang Yiman. She lost the match 17-21, 21-19,11-21. After being a game down, Nehwal made a comeback in the second game but lost the final one.
Srikanth got his act together in the nick of time and reeled off eight straight points to move to a 16-10 lead before keeping his calm to take the match to the decider.
Two-time Olympic-medallist P V Sindhu made a winning return from a lengthy injury lay-off as India stunned formidable China 3-2 in the women's competition of the Badminton Asia Team Championships in Shah Alam, Malaysia on Wednesday.
Following is India's schedule at the Asian Games in Hangzhou on Wednesday, October 4.
Sindhu saw off Sim 21-13, 12-21, 21-14 in a 59-minute women's singles second-round match to register her third win over the Korean world number 34.
The Indian badminton team returned empty-handed from the Olympics for the first time in over a decade.
H S Prannoy dished out another splendid show to progress to the quarter-finals with a thrilling win over Indonesia's Chico Aura Dwi Wardoyo.
This is the third time this year that Sindhu has been knocked out in the first round of the tournaments she's played.
In the women's doubles, Treesa Jolly and Gayatri Gopichand won 21-18, 21-19 against the Dutch duo of Debora Jille and Cheryl Seinen. Treesa and Gayatri face Chinese Taipei's Hsu Ya Ching and Lin Wan Ching in the quarter-finals.
Sindhu pulls out of Uber Cup
With the main draw of the Asian Badminton Championships set to get underway from Wednesday, the struggling Indian shuttlers face an uphill task.
Sindhu is the only Indian to feature in the women's singles competition.
In other India-related results, it was curtains for Ashmita Chaliha, who lost 17-21, 16-21 to Indonesia's world no. 7 Gregoria Mariska Tunjung in 35 minutes. Both teams had received a bye in their opening match.