Here is what's needed:
1 cup Basmati rice washed well and soaked for 10-15 mins
1 tbsp Jeera
1 big onion sliced thin
5-6 cashews split (Optional)
a small bunch of coriander leaves finely chopped
1tbsp Oil/Ghee (Ghee tastes better though!)
Salt to taste
1) Heat ghee/oil and fry cashews if using. Keep aside. Add Jeera and fry until its golden. Add onions and sauté until slightly browned.
2) Drain the rice and add it to the onions. Fry for a min. ( I read in Neeta Mehta's book that soaked rice should not fried for long as it tends to break)
3) Add 2 cups of water and salt. Give it a good boil. Add chopped coriander leaves and mix once. Lower the heat to medium and cook covered till done. Let it stand for 5 mins. Fluff with the fork to let the steam escape. Garnish with fried cashew and serve with raita or Dal fry.
P.S : Do not mix the rice while it is cooking. This prevents it from breaking.