Hi Animesh,
matt49 is quite correct in that speaker placement is a very personal thing. Generally bringing speakers away from the back wall, and more importantly maybe corners, will sometimes improve the overall sound stage. Bass response may also be improved but this is not always the case. Some people cannot hear any improvement at all by doing simply this. Practicality also enters the equation, just how far can you move them out before placement becomes a nusance, or the wife complains?
I would suggest you probably already have them in at an ideal distance but it will cost nothing to move then another 4 inches and listening again.
My current speakers are tall front-ported floorstanders and interestingly enough, in my room, I found presentation better overall by moving them closer to the wall than the manufacturer recommended.