BBC political editor Nick Robinson said that in his speech Mr Darling had sought to put the fact he was a "low key" speaker to his advantage, delivering a reassuring message about the economic situation.
"These are very uncertain times," he said.
"But one thing I am certain about is that we have the right prime minister, the right team and the right policies to help the country through them."
Alhough the economy was facing a "bumpy" period ahead, Mr Darling said its fundamental strength "means we can be confident about the future".
Mr Darling said the action the government had taken to support the troubled banking system in recent days contrasted with the attitude of the Conservatives who had "walked away" from tough decisions over Northern Rock and other key issues.
"They may well claim to be committed to financial stability but people should be judged on what they do not what they say," he said.
Mr Darling said he was committed to taking whatever steps were necessary to tackle market turmoil, including introducing new legislation on bank deposits and regulation within weeks.
He said regulators would look at the issue of excessive City bonuses with the Financial Services Authority (FSA) saying it could punish firms for encouraging too much risk-taking.
How extraordinary that a Chancellor could give a speech in the middle of an economic crisis and provide no plan about how the government is going to handle it
But he warned that solutions to the problems of globalisation will not be found by one government alone.
The Conservatives said it was "extraordinary" that Mr Darling ad "no plan" to deal with the current financial crisis while the Lib Dems said the chancellor was "complacent" about the worsening state of the economy.
Mr Darling said the government would be "disciplined" in its attitude to the public finances and would have "to live within its means".
Many experts have said taxes will have to rise to cope with the shortfall in revenue as the economy slows.
When asked earlier by the BBC if income tax would go up Mr Darling declined to answer "yes" or "no", instead saying "it is not the time to take money out of the economy".
When asked again, Mr Darling told the BBC that the time to pay back debt was when the economy was doing better.
He also said that at the moment, rather than increasing taxes, basic rate tax payers were paying less tax this month.
He rejected calls from union leaders and MPs on the left of the party for tax rises for the wealthy and also for a "Robin Hood" energy tax.
This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.