Finance Minister said his fisc numbers are right and slammed the critics for questioning the integrity of north block.
Finance Minister P Chidambaram launched a full frontal attack on Narendra Modi saying nobody knows his economic vision.
As had been widely speculated, Chidambaram announced excise duty cuts on some capital goods and non-durable items (specifically those for export purposes) from 12 percent to 10 percent. There were also reductions for motor vehicles.
Finance Minister Chidambaram says government considering raising cost of gold imports, a key contributor to India's record current account deficit and thus a pressure on the rupee.