Eighth-seeded Srikanth, who had reached the finals of a BWF World Tour event after 17 months at the India Open last week, defeated Thailand's Khosit Phetpradab 21-11, 21-15.
PV Sindhu defeated World No. 20 Aya Ohori 22-20 21-12 while Kidambi Srikanth got the better of Ihsan Maulana Mustofa 21-18 21-16.
The 24-year-old from Madhya Pradesh, who had lost to Shi Yuqi in the semifinals of the World Tour Finals in December last year, suffered a heart-breaking 20-22, 23-21, 12-21 loss in a 65-minute men's singles.
Riding on his recent performances, Ghosal has moved up two places to a career-high ranking of 10.
Indian shooting's next assignment is scheduled at Al Ain, UAE where the ISSF Shotgun World Cup stage two commences on April 5.
Srikanth blew two game points in the second game to lose 7-21, 20-22 to Axelsen in the men's singles summit clash.
The 26-year-old from Guntur eked out a 14-21, 21-16, 21-19 triumph over China's Huang Yuxiang in an engrossing semifinal.
Sindhu, a 2017 champion and 2016 finalist, edged out Denmark's eighth seed Mia Blichfeldt 21-19, 22-20 in a closely-fought contest to set up a clash with China's He Bingjiao.
Manu won the women's 10m Air Pistol on day three of competitions while Saurabh bagged a team gold in the men's event.
Five-time India thus maintained their unbeaten streak in the tournament, collecting 13 points from five league matches with the help of four wins and a draw.
Praneeth, who had reached the finals at Swiss Open early this month, eked out a thrilling come-from-behind 18-21, 21-16, 21-15 win over fifth-seeded compatriot Sameer Verma.
With three wins and a draw, India are currently leading the six-team league table with 10 points and a goal difference of eight.
PV Sindhu brushed aside fellow Indian Mugdha Agrey 21-8, 21-13 in women's singles.
Continuing its winning run, the Indian men's hockey team hammered Canada 7-3 in the Sultan Azlan Shah Cup to move one step closer for a place in the final.
Legendary American swimmer and the most decorated Olympian, Michael Phelps, said he has achieved everything he wanted to.
With two wins and a draw, India moved up to the second position in the table with seven points behind Korea (7).
In a post on his Twitter account, the former UFC featherweight and lightweight champion said: "I've decided to retire from the sport formally known as 'Mixed Martial Art' today."
PV Sindhu and Kidambi Srikanth will be expected to keep India's hopes afloat in the USD 350,000 India Open starting Tuesday.
Vijender is so far unbeaten in his 10-bout pro career and claimed the WBO Asia Pacific super welterweight title during his stint with England.
India's previous outing at Sultan Azlan Shah ended with the team finishing fifth but saw some good performances by a young unit combined with a few senior players.
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