 This was followed by the third battle of Panipat.Losses at the Third Battle of Panipat in 1761 suspended further expansion of the empire in the North-west of India and reduced the power of the Peshwas.The Third Battle of Panipat took place on 14 January 1761 at Panipat (Haryana State, India), about 60 miles (95.5 km) north of Delhi.