The origin of quantum mechanics goes back to the mid-1920s.It was formulated first as matrix mechanics by Werner Heisenberg, Max Born and Pascual Jordan; then as wave mechanics by Louis de Broglie and Erwin Schrödinger; and later on asquantum statistics of subatomic particles by Fermi-Dirac and Bose-Einstein. Combining relativistic mechanics with quantum mechanics, Dirac formulated his relativistic quantum mechanics during 1930s. Uncertainty Principle is thecornerstone of Quantum Physics. The role of randomness in microscopic physical processes shatters the myth that the universe is deterministic. Quantum world is unpredictable in the classical sense and demolishes the idea of an objective universe. The Copenhagen interpretation remains the quantum mechanical formalism that is currently most widely accepted amongst physicists.Quantum theories support cosmic spirit pervading the cosmos and inter – relationship of individuals in the world society. Quantum philosophy is holistic and is going to revolutionize our world-view.