Panorama Photo

I have one other riddle for the Betrachter.

Here the questions to be answered are the following:
1) where we are. It is such a pity that I forgot the exact spot;
2) why the panorama is not 360°;
3) which is the mountain featuring the nice Hörnligrat to be seen after the second third of the picture.

Beware not to push the Hörnli image too far. Namely, forgetting about mountain ridges and coming to different aspects like, for example, the GNP per capita, a factor of 117 divides the country of the Hörnli and the one here...

Location: 27.920056 86.934656
Larger: https://bit.ly/2S2EFbh
GPS track: http://www.wikiloc.com/wikiloc/view.do?id=61904274