India on Friday displaced Australia as the No. 2 team in ICC's one-day rankings after New Zealand defeated the world champions by six wickets in the second ODI in Melbourne.India, who have made steady upward progress after their streak of nine consecutive ODI wins, now have 122 rating points to be just three points behind top ranked South Africa. The Proteas recently climbed to the top of the table at Australia's expense.Australia (121) have been pushed to third place while New Zealand at fourth place with 117 points. Pakistan are further down the ladder at fifth while England and Sri Lanka are sixth and seventh respectively.Australia, who have been on the decline in the last few months, have just about managed to retain their place as the No. 1 team in the longer version of the game despite losing the Test series at home to South Africa.South Africa and India are now the top challengers to Ricky Ponting's team in both versions of the game.In the ICC Test rankings, Australia have 126 points while second placed South Africa are on 121 and would get a chance to topple Australia when they take on Ponting's men in a home series beginning later this month. India are third placed with 118 points.The No. 1 ODI team will be richer by $175,000 on April 1 with the runners-up getting $75,000.
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