Turn on Instant pot
on SAUTE. When hot, add oil. Add panch phoran seeds and sauté for 30 seconds. Next, add ginger-garlic paste and sauté for another 30 seconds. Add chopped tomatoes followed by all dry spices and stir. Then, add onion, bell pepper and vinegar. Stir and sauté for 1 minute. Add drained rice, paneer, water and stir well. Close lid. Vent set to SEALING. Cook on MANUAL for 6 minutes.