Place 1 cup of basmati rice and 1 cup of water into the Instant Pot. If you’re rinsing the rice, it’ll throw off the rice-to-water ratio. So, be sure to reduce 3 tablespoons of water from the 1 cup of water stated in the recipe dish. Close lid and pressure cook on manual at High Pressure for 6 minutes. Turn off the heat and do a 10 minutes Natural Release. Release the remaining pressure (if any) and open the lid carefully. Fluff the rice with the rice spatula or fork, then serve with your favorite main dish, or enjoy alone! Softer Rice: If you enjoy softer rice, increase the liquid amount rather than cooking time.