Happened when i was updating all the packages of a 3 years old project(React-native). Help would be appreciated - react-native

Question

ERROR Invariant Violation: Failed to call into JavaScript module method AppRegistry.runApplication(). Module has not been registered as callable. Registered callable JavaScript modules (n = 10): Systrace, JSTimers, HeapCapture, SamplingProfiler, RCTLog, RCTDeviceEventEmitter, RCTNativeAppEventEmitter,
GlobalPerformanceLogger, JSDevSupportModule, HMRClient.
A frequent cause of the error is that the application entry
file path is incorrect. This can also happen when the JS bundle is corrupt or there is an early initialization error when loading React Native., js engine: hermes
This is my package.json
{
"name": "Deepak",
"version": "0.0.1",
"private": true,
"scripts": {
"android": "react-native run-android",
"ios": "react-native run-ios",
"start": "react-native start",
"test": "jest",
"lint": "eslint ."
},
"dependencies": {
"#react-native-async-storage/async-storage": "^1.17.11",
"#react-native-community/netinfo": "^9.3.7",
"#react-navigation/bottom-tabs": "^6.5.2",
"#react-navigation/native": "^6.1.1",
"#react-navigation/native-stack": "^6.9.7",
"#react-navigation/stack": "^6.3.10",
"moment": "^2.29.4",
"react": "18.1.0",
"react-native": "^0.70.6",
"react-native-confirmation-code-input": "^1.0.4",
"react-native-easy-toast": "^2.3.0",
"react-native-flip-toggle-button": "^1.0.9",
"react-native-image-placeholder": "^1.0.14",
"react-native-image-slider-show": "^1.0.3",
"react-native-keyboard-aware-scroll-view": "^0.9.5",
"react-native-keyboard-aware-scrollview": "^2.1.0",
"react-native-linear-gradient": "^2.6.2",
"react-native-modalbox": "^2.0.2",
"react-native-page-control": "^1.1.2",
"react-native-pull-to-refresh": "^2.1.3",
"react-native-razorpay": "^2.3.0",
"react-native-responsive-screen": "^1.4.2",
"react-native-safe-area-context": "^4.4.1",
"react-native-screens": "^3.18.2",
"react-native-search-filter": "^0.1.5",
"react-native-simple-toast": "^2.0.0",
"react-native-slideshow": "^1.0.1",
"react-native-swipe-gestures": "^1.0.5",
"react-native-webview": "^11.26.0",
"react-redux": "^8.0.5",
"redux": "^4.2.0",
"redux-thunk": "^2.4.2"
},
"devDependencies": {
"#babel/core": "^7.12.9",
"#babel/runtime": "^7.12.5",
"#react-native-community/eslint-config": "^2.0.0",
"babel-jest": "^26.6.3",
"eslint": "^7.32.0",
"jest": "^26.6.3",
"metro-react-native-babel-preset": "0.72.3",
"react-test-renderer": "18.1.0"
},
"jest": {
"preset": "react-native"
}
}
I commented most of the deprecated packages, don't want to change the node modules like
import Carousel, { Pagination } from 'react-native-snap-carousel';
import CheckBox from 'react-native-check-box'