In women's singles, double Olympic medallist PV Sindhu also dropped one place and is now ranked 16th.
Indian women's doubles pair of Treesa Jolly and Gayatri and Gayatri Gopichand also improved two spots to the 17th position.
Lakshya Sen moved a place to world number 17, despite not competing in the last two weeks.
PV Sindhu overcame the first-round hurdle, defeating Julie Dawall Jakobsen of Denmark in straight games
No Indians featured in the women's doubles and mixed doubles rankings.
London Olympics bronze medallist Saina Nehwal, on the other hand, moved one place to 31st.
Ajay Jayaram, who skipped the ongoing Korea Open, slipped a place to be at 17th.
Sindhu, who is currently competing at the French Open in Paris, jumped one rung to stay one spot behind Chinese Taipei's Tai Tzu Ying, who continues to dominate the rankings.
HS Prannoy, who occupies the 8th spot, is the best ranked Indian in the men's singles while Lakshya Sen and Kidambi Srikanth are placed 19th and 20th respectively.
India's PV Sindhu remains the only Indian player to have won the prestigious BWF World Tour Finals in 2018.
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.
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.
Just 18 months after pairing up, the young mixed doubles pair of Sathish Kumar Karunakaran and Aadya Variyath rise to World No 33.
Saina Nehwal, a bronze medallist in 2012 London Olympics, dropped a place to be at ninth position, while P V Sindhu retained her 11th spot in the latest Badminton World Federation (BWF) rankings issued on Thursday.
Fellow Indian Kidambi Srikanth also jumped two places to sit at the 12th spot, while Lakshya Sen continued to be the best-placed Indian male shuttler at world number 9.
Satwiksairaj Rankireddy and Chirag Shetty have regained their top spot following their Thailand Open title triumph on Sunday.
A summary of sports events and sports persons, who made news on Friday
The top-16 in the world by April-end will make the cut for the Olympics.
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.
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.
Satwiksairaj Rankireddy and Chirag Shetty achieved a career-best world number three
This is the second time in her career, after April 6 this year that Rio Olympics silver medallist Sindhu has occupied the second spot on the leaderboard.
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
In the men's doubles, Satwiksairaj Rankireddy and Chirag Shetty maintained their world number two ranking, although they lost in the quarter-finals of the World Championships going down to Kim Astrup-Anders Rasmussen.
Badminton teen sensation P V Sindhu improved one more place to close the gap with ace Indian shuttler Saina Nehwal in the latest world ranking released in Kuala Lumpur.
Swiss Open champion Satwiksairaj Rankireddy and Chirag Shetty strengthened their world number six position, while women's doubles pairing of Treesa Jolly and Gayatri Gopichand was static at the 18th position.
Satwik-Chirag pair achieves career-best world no. 2 ranking
Satwik and Chirag jumped one spot in the latest BWF rankings to regain the fifth place.
Seven Indian shuttlers, including Saina Nehwal and Jwala Gutta, officially earned qualification berths for the August Olympic Games in Rio de Janeiro after the much-awaited BWF world rankings were released on Thursday. Friday's rankings were used to determine the Olympic qualifiers in each of the five categories -- men's singles, women's singles, men's doubles, women's doubles and mixed doubles -- from the points accumulated in the period between May 4, 2015 and May 1st, 2016. Four years ago, five Indians had qualified at London Olympics. This year, London Olympics bronze medallist Saina would be representing India in her third Games, while the women's doubles pair of Jwala and Ashwini Ponnappa will also play their second Olympics in August. Besides, K Srikanth and P V Sindhu earned their maiden Olympic berths in men's singles and women's events respectively. For the first time, India will have two women's singles players playing in the Olympics.
A sensational run over the last two weeks has given wings to Ashwini Ponnappa's Olympics dreams, and the ace Indian shuttler now wants to continue her fine run in the upcoming bigger tournaments to stay on course for a trip to Paris.
Riding on her stupendous performance at the prestigious All England Championship, India's ace shuttler Saina Nehwal has regained the world number two spot again in the latest rankings released by the Badminton World Federation.
Young Kidambi Srikanth continued his meteoric rise in world badminton as he ended the season by becoming only the third Indian male shuttler to break into the top-five, reaching a career-high fourth after hovering in the 40s in the beginning of the year.
Manjunath will play Taipei's Yu Jen, who was lucky to progress after fifth seed Rasmus Gemke retired in the second game after pocketing the first.
A summary of sports events and persons who made news on Thursday
Two-time Olympic medallist P V Sindhu reached the women's singles final of the Syed Modi International badminton tournament after her fifth seeded Russian opponent Evgeniya Kosetskaya retired hurt midway into their semi-final in Lucknow on Saturday.
Lakshya Sen, returning from a break, suffered a first round exit, while Treesa Jolly and Gayatri Gopichand entered the pre-quarters of the Asia Badminton Championship.
India's Lakshya Sen won his second successive BWF World Tour Super 100 title with a thrilling victory over China's Weng Hong Yang in the final of the SaarLorLux Open, in Saarbrucken, Germany, on Sunday.
Saina Nehwal's chances of defending her title at the Commonwealth Games looks bleak as she has decided to skip the selection trials for the upcoming multi-sport events.
Earlier this month, Sindhu had attained her career-best world number two ranking after clinching her maiden India Open Super Series title.