Here is a good 3 qt Stainless Steel Pot (Snitsig) which I found at Ikea. This saucepan is big enough for making Payasams (dessert), Tea, Coffee, Soup and so on for 8-10 people. The handles are comfortable and are useful for lifting and holding on while stirring. You can also use this pot for boiling rice, noodles, lentils, pasta and so on. The lid helps in bringing the contents to a quicker boil.
It is available for $11.99 at Ikea. This Pot will easily last for atleast 2-3 years and is a good investment for your kitchen.