Solution :
Under .M2 folder(hint: click on start->search for .M2 it will show list of folders select .M2 folder)
Settings.xml file might be missing proxy settings or
Your proxy settings password expired
Just in case if you don't have any proxy details you can use this
<?xml version="1.0"?>
<settings>
<proxies>
<proxy>
<active>true</active>
<protocol>http</protocol>
<host>proxyurl</host>
<port>8080</port>
<username>proxyusername</username>
<password>password</password>
</proxy>
</proxies>
</settings>
And after that go to Eclipse
Right click on your project after that
Maven -> Update your project - >
Click Force update of snapshots / Releases
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