on-rest my project was working great untill I delete my node_modules file and try to re-install npm package.
I am getting this error
./node_modules/
Since Babel 7.x is still a beta version, there was a breaking change in beta.56, which was released yesterday.
"@babel/runtime": "^7.0.0-beta.56",
If you're using a beta version of something, it is dangerous to use ^ in your version number, because that means it will accept any recent version, whether or not it is actually compatible with previous beta versions.
Since react-scripts uses https://github.com/facebook/create-react-app/blob/1407287839f94151cec729bd89441d4eee7d9dd3/packages/babel-preset-react-app/package.json#L28
"@babel/plugin-transform-runtime": "7.0.0-beta.46",
Your should likely have
"@babel/runtime": "7.0.0-beta.46",
in your own package.json to match.