Error: connect ECONNREFUSED 127.0.0.1:8080

I am getting connection error for Get and Post request

PFB the error message

Error: connect ECONNREFUSED 127.0.0.1:8080

:arrow_forward:Request Headers

Authorization: Basic YWRtaW46YWRtaW4=

User-Agent: PostmanRuntime/7.25.0

Accept: /

Postman-Token: 11163c04-1f70-4c9d-bbcf-ea08cfed0da6

Host: localhost:8080

Accept-Encoding: gzip, deflate, br

Connection: keep-alive

I have set the proxy but still getting the same error.