Grate coconut and take out 1/4 of it and keep it aside. Take cocnut milk from the remaining coconut by grinding it in mixie with some water and filtering it .You will get fresh coconut milk .
Wash rice and fry it a little cook it with coconut milk and some water.Add salt to it.
Heat the pan add coconut oil and add mustard seeds, urad dal,chana dal,jeera, sliced green chillies ,red chillies, curry leaves till it leaves nice aroma and add grated coconut to it till it turns brown.
Add cooked rice to it and mix it well. Add fried cashew nuts .Coconut rice is ready. Serve it hot with any raita .
I make keera raita usually.
Cut keera into small pieces and add it to fresh curd. Add salt, chopped green chilly to it. Granish with green coriander leaves and serve it with coconut rice.