Champions Manchester City crashed out of the League Cup after suffering a shock 2-0 defeat at struggling Southampton in the quarter-finals on Wednesday.
The WTC winners will collect US$1.6 million as the prize money, while the losing finalists will pocket $800,000.
India have recalled Ajinkya Rahane to reinforce their batting line-up, which will have to be at its best to negate the Australian attack.
The Australian team on paper holds slight advantage on a bouncy track at The Oval but both Ravi Shastri and Ricky Ponting believe that the Indians are better prepared.
Talking about the pace department, Panesar picked Umesh Yadav as the third pacer ahead of Shardul Thakur. Mohammed Shami and Mohammed Siraj are automatic selections in the playing eleven.
Captain Rohit Sharma believes all individuals showed a lot of character and stepped up when needed to take India to the World Test Championship final for the second consecutive time.
MSK Prasad advised the team to take the final call depending on the conditions at that time.
ICC expecting full crowds for at least first four days of WTC final at Oval
India has lost three finals and on four occasion it bit dust at the semifinal stage. It also made an exit at the preliminary stage of the 2021 T20 World Cup.
Manchester United will be back in action in next season's Champions League after they hammered Chelsea 4-1.
Manchester City celebrated their Premier League title on Sunday, beating Chelsea 1-0 with an early goal by Julian Alvarez in the team's home finale at a sun-drenched Etihad Stadium.
Manchester City were confirmed as English Premier League champions for the fifth time in six seasons on Saturday without even having to kick a ball.
Shubman Gill is pegged as the next big thing in Indian cricket having quickly risen to top in all formats. But how does the youngster handle the immense pressure?
Arsenal struck two late goals to escape with a point in a pulsating 3-3 home draw with bottom club Southampton but their Premier League title hopes suffered another setback on a Friday night of frazzled nerves in north London.
Manchester City moved four points clear of Arsenal atop the Premier League table with an 11th consecutive victory.
India qualified for the World Test Championship final after New Zealand edged Sri Lanka by two wickets off the final ball in a dramatic finish to the first Test in Christchurch on Monday.
Antonio Conte's increasingly fractious relationship with Tottenham Hotspur came to an end with the English Premier League club announcing they had parted ways with the Italian on Sunday.
Images from Wednesday's action in the English Premier League.
Images from the English Premier League matches played on Saturday.
Arsenal survived a massive scare as they registered a thrilling Premier League win over Bournemouth to remain on top of the table.
Manchester United fought back to overpower West Ham United 3-1 and reach the FA Cup quarter-finals.
When Jaipur's Maharaja Madho Singh was invited to attend King Edward VII's coronation in 1902, he chartered a ship for Rs 15 lakh for the journey. He also carried 27,000 litres of Ganga jal on board. Prakash Bhandari recalls the maharaja's voyage to attend a British monarch's coronation on a day when Charles III will be crowned king at Westminster Abbey.
A summary of Sunday's action in the Premier League.
IMAGES from EPL matches played on Thursday.
We had to fight really hard to reverse momentum, says Kane Williamson
Hardik Pandya said he is looking forward to emulate former captain Mahendra Singh Dhoni by taking up more responsibility with the bat in white ball cricket.
IMAGES from the EPL matches played on Wednesday.
Images from Sunday's action in the Premier League.
Images from Saturday's action in the Premier League.
Images from Tuesday's action in the Premier League
Tottenham Hotspur's Son Heung-min returned to form with two goals in his side's 3-0 defeat of second-tier Preston North End in the FA Cup fourth round and Casemiro also grabbed a brace in Manchester United's 3-1 win over Reading.
Marcus Rashford continued his fine season as he scored again to help Manchester United beat Nottingham Forest 3-0 in their League Cup semi-final first leg on Wednesday.
IMAGES from the English Premier League matches played on Saturday
IMAGES from the English Premier League matches played on Saturday.
Bhupinder Singh Gill made history as the English Premier League's first Sikh-Punjabi assistant referee on Wednesday when he ran the line in Southampton's home game against Nottingham Forest at St Mary's.
Bale decided to end his playing career at the age of 33
A summary of Tuesday's action in the Premier League.
A summary of Saturday's action in the FA Cup.
IMAGES from the English Premier League matches played on Wednesday
A ninth successive win in all competitions for United was celebrated with real vigour, as they moved to within a point of City in second, giving Arsenal the chance to go eight points clear at the top of the standings with a win over Tottenham Hotspur on Sunday.
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