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Heat 1 and ½ cups of water in a broad pan. In a bowl mix together the chopped onions, chopped cashews, salt to taste, turmeric powder, red chili powder, cumin powder, coriander powder and garam masala powder and make a smooth mixture. When the water starts boiling add the ghee and the prepared mixture to it, along with coriander leaves. Let this boil for about 5-6 minutes or until ghee is seen on the top.
Meanwhile Blanche the vegetables and keep them aside. When the mixture in the pan starts thickening, add the vegetables and cook them with half lid covered for few minutes. Once the vegetables are cooked add the paneer cubes and mix the gravy well and cook for another 2-3 minutes. Garnish with coriander leaves and serve hot with rice or chapatti.
Tip: to give the restaurant style effect. In a pan heat some ghee and add a big pinch of red chili powder and three big serving spoons of gravy. Toss on high flame and then garnish with coriander leaves.