The point table is looking alright. Australia will strengthen their position, considering their next series is against Windies and then away series against NZ and SL. I guess they will fix their spot for the finals. For next spot fight should be between IND, NZ, and to some extent PAK if they manage to perform well.
For India, the next series is against England at home. Apart from Australia, none of the other teams are capable of challenging India at home, so I would say that India should get full points from this match. It is a long and extended series with 5 test matches spread out across three months. And for Australia, the next series is against New Zealand. The Kiwis are not in good form, but they always perform well when they are up against their arch-rivals. And at the moment, the gap between Australia and India is not that wide.
I would also like to agree with you on this point, I am also thinking that India is gonna be a good benefit from the upcoming England series. Because if we see the present England team then I have to say that they are now one of the weakest teams for India so if India can take full benefits of this series I think there is a chance for India place on the top.