Chasing Australia's total of 306 for 6, India were dismissed for 222 in 47.3 overs.
Ponting and Gilchrist, who hit centuries in the first Test against Bangladesh, today joined a select club of batsmen.
Gilchrist believes that the 50-over game can test of a player's skill better than the slam bang Twenty20 format.
The Champions Trophy tournament starts October 15.
The biennial event is rated as the second most important one-day tournament after the World Cup.
Australia beat New Zealand by six wickets in the final, while India went down to England by 6 wickets to finish fourth.
New Zealand scored a three-wicket win against India while Australia beat England to register their first win in the Quadrangular tournament.
India beat world champions Australia by three wickets for their second successive victory in the Quadrangular women's one-day international tournament in Chennai on Friday.
India captain Mithali Raj believes her team can carry forward its winning momentum from last year's Asia Cup into the upcoming quadrangular series.
Australia's loss to New Zealand on Friday was their first by 10 wickets in 646 one-day internationals.
Fleming said his side had lost the mind games against their tri-series opponents.
'The opening combination should not be tweaked. Rohit Sharma and Shikhar Dhawan are the ideal pair to give India a fast start. But K L Rahul is also there'
India has been drawn with arch-rivals Pakistan and minnows Scotland for the group stages of the inaugural Twenty20 World Cup.
India will take on England in their opening match on October 15 at Jaipur in the ICC Champions Trophy
India captain Rahul Dravid said he wouldn't be too critical of his inexperienced side.
Australia's main obstacle during the two-Test series is likely to be poor weather rather than the challenge posed by the bottom-rung team.
Sri Lanka will have to do some rethinking on how to bowl in the slog overs when they take on World champions Australia in the tri-series match in Sydney on Friday.
World champions Australia left out Michael Hussey and Brett Lee from the team for the opening match against the West Indies.
Australia scored a six-wicket victory off the last ball of the match to enter the final of the Quadrangular women's tournament.
Inzamam suggested that he should be hired three to four weeks before the England tour.
The 23-year-old wicketkeeper-batsman could be used as a substitute in the series under new playing regulations.\n
India moved up a rung to swap places with Pakistan, who lost the last two matches in the series against England.
Pakistan captain Inzamam-ul-Haq has ruled himself out of the second Test against Australia due to a back injury.
Australia dethroned India from the top position of the Reliance ICC ODI Team Rankings after its 4-1 victory over South Africa in the five-match series which concluded in Sydney.
Steve Harmison took a career-best five-wicket haul and Kevin Pietersen blasted 91 not out as England beat Australia by three wickets in the triangular series.
India remained third, while star batsman Virat Kohli maintained his second spot in the latest ICC ODI rankings released on Sunday.
With only the winners of each of the four pools advancing to the semis, the matches over the next four days are now sudden death.
The World ODI XI captain said his side would use television footage from the Ashes series to devise similar tactics.
The opening batsman has been named in the squad that will challenge world champions Australia in one-day matches on Oct 5, 7 and 9.
James Faulkner, man-of-the-match in the 2015 World Cup final against New Zealand, has been omitted from the 15-man squad named on Thursday, with selectors opting for all-rounders Moises Henriques, Glenn Maxwell and Marcus Stoinis.
The former India coach will assist the world's top players in upstaging world champions Australia in three ODIs and a six-day Test.
'Tear-away fast bowlers are the ones which win in all sort of conditions,' said India's coach.