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The following script is from “India’s Gold” which originally aired on Feb. 12, 2012 and was rebroadcast on July 22, 2012. Byron Pitts is the correspondent. David Schneider, producer. In the past 20 years, India has emerged as one of the fastest growing economies on earth. Today, as a result, India is now the world’s largest consumer of gold. Why gold? Because in India, there is no possession more valuable. Just as part of the American dream is to own a home, the dream in India is to own gold. As we first told you in February, for Indians, gold jewelry is wearable wealth, financial security that’s also a fashion statement. India’s love for gold is as ancient as its culture. And with its growing prosperity, the one event that drives most of that demand is an Indian wedding. There may be no wedding like an Indian wedding. The events can last for days with music and dancing and traditions that go back centuries. Everywhere you look, there’s a collection of colors, flowers and food. And then there’s the gold: breathtaking. Here it’s a symbol of purity that also shows off the couple’s wealth and wellbeing. Byron Pitts: I’ve heard several times since I’ve been here, “No gold, no wedding.” Divya Chauhan: Yes, absolutely. Vithika Agarwal: It’s very true. Divya Chauhan: The bride is ready, the groom is ready, the venue is set, the food is set, but if you don’t have gold, there’s no wedding. Divya Chauhan and Vithika Agarwal are former beauty queens. Today, they’re business partners as wedding planners. In November, in the small southern city of Tumkur, they pulled together the wedding event of the season. [Chauhan: She’s very late, could you ask them to come quickly…] Two of the town’s elite families joined through the marriage of Nivedita Keshavmurthy and Akshay Bavikatte – both doctors. Agarwal: Unlike Western cultures, where it’s about the bride and the groom, here, it’s about anything but the bride and the groom. Chauhan: Yeah. Agarwal: It’s about two families coming together. Chauhan: Together. Half of the gold that Indians buy each year is jewelry bought for a wedding. And this was one of the estimated 10 million weddings that take place in India every year. But few rise to the level of this lavish affair, stretched over five days. The tent was custom built for the ceremonies. Water piped in for fountains and musicians flown in from Mumbai, the entertainment capital of India. The lighting, audio and video orchestrated like a Bollywood movie set. The families spent over $200,000 just on gold.

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“In the Mountain in the Cloud,” Portugal

(CBS) Pinning down Portgual. The Man is tough. The band has been called psychedelic, which isn’t really accurate. The band uses its share of eerie atmospherics (especially on its 2008 release, “Censored Colors”), but none of them recall the summer of love or acid. There’s also the moniker “chamber pop,” which may refer to P.TM’s fine use of strings, but the point is this: It’s more fun to listen to a really good band than it is to figure the band out. (Scroll down to listen to “Got It All (This Can’t Be Living Now)”) P.TM has its poppy moments but its sound is based in rock. Then there are the layers of keyboards, vocals and guitars that seem designed to fill the listener’s head with as many individual, overlapping sounds as possible. The arrangements are deft and never weighed down despite a liberal use of instruments and voices; John Gourley’s high tenor is a hallmark of the group. On “Got It All (This Can’t Be Living Now),” different sounds the band has used in each of its recordings seem to coalesce in one song: soaring background vocals, layers of guitars, strings, 포커 규칙 manufactured beats combined with live drums and a bass that’s sometimes meaty and sometimes nimble. “In the Mountain in the Cloud,” Portugal. The Man’s sixth album in six years, comes out next week. You can...

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Anger over deadly floods exposes distrust in Russia’s leaders

Some persist in believing, against all evidence, that the city of Krymsk and its 57,000 people were intentionally sacrificed to prevent the flood waters from damaging Novorossiysk, a major Black Sea port essential for exporting Russian oil and grain. Death toll from Russian floods hits 150 This deep distrust of the government poses a challenge to Putin, who depends on the support of ordinary Russians across the country to counter the growing challenge in Moscow to his 12-year rule. At the very least, the flooding has Russians once again questioning the government’s ability to keep them safe. Still fresh in their memory are a string of disasters — from the bungled response to the sinking of the Kursk submarine in 2000, to the wildfires that swept seemingly unopposed through a swath of western Russia in 2010, to the capsizing of an overloaded river boat that killed more than 120 people last year. The Emergencies Ministry acknowledged Monday that it had failed to warn residents about the flash flood that turned Krymsk streets into swirling muddy rivers and filled one-story homes practically up to the ceiling in the middle of the night. Many of the 171 who died were elderly residents unable to escape in time. A total of 29,000 people in Krymsk and the seaside resort town Gelendzhik lost all of their possessions, while about 300 homes in Krymsk...

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