England, needing just 35 runs with four wickets in hand, suffered a dramatic collapse to lose by six runs, handing India a thrilling victory and ensuring the five-match series ended level at 2-2.
The turning point came late on Day 4, with England well placed at 301/3 as Harry Brook and Joe Root looked set to guide them to a win. But Brook was caught by Mohammed Siraj off Akash Deep, triggering a late-day wobble. Root soon followed, and England's collapse was completed on the final day.
"...Ben Stokes in that team, England would've won this Test match. He plays such a big role in this team, the mentality... England did panic (on the fifth morning)," Vaughan told BBC's Test Match Special.
"They just needed one partnership. They panicked in the way that they play, [where] they play with a huge amount of aggressiveness.
"Yesterday (Sunday) afternoon, the Harry Brook dismissal did cause that collapse, but it's the way England play."
Stokes missed the match due to a shoulder injury, while pacers Jofra Archer and Brydon Carse were also rested. Despite England's strong position, the lower order couldn't hold firm against a determined Indian attack.
Akash Deep, who dismissed Brook, and Siraj, who took a key catch, played vital roles in India's comeback. The match ended on a Monday, though the location was not specified.
The series now turns England's focus towards the upcoming Ashes, scheduled to begin in November 2025 in Australia.
"We'll arrive in Perth for that first Test and know the top seven. It's just a matter of the bowling attack and getting that right," added Vaughan.
"Clearly, Ben Stokes is going to have to get fit. With Ben Stokes in the England side, they can beat anybody. Without him, they can lose to anybody."
England fast bowler Mark Wood says he wants to up his intensity as he builds up to put himself in the selection frame for the first Ashes Test that starts in Perth on 21 November.
Laura Wolvaardt played one of the all-time great ODI innings to guide the Proteas Women into the ICC Women's World Cup final after a comprehensive 125-run victory against England.
England fast bowling legend James Anderson has been knighted for his services to cricket.
India's final group match of the Women's Cricket World Cup against Bangladesh was a wash out as persistent rain at the DY Patil Stadium on Sunday saw the game abandoned.
