philips she3590 is the best bet for the price you want it cost around 450 Rs And it Proves the best sound for the price ....
Take a look at the below links
Philips SHE3580 IEM review--how can something sound so good for $10???
Philips SHE3580 IEM review--how can something sound so good for $10???
Earphone Buyer’s Guide by ljokerl
Earphone Buyer
SHE3590 vs 3580? Philip SHE 3590 is what you can find .... SHE 3580 has stopped
SHE3590 vs 3580?
Added to this the Source ipod it should sound really good ....... plus be durable as well