Combine first 3 ingredients (broth through salt) in a medium saucepan. Bring to a boil over high heat. Cover, reduce heat and simmer for 30 minutes. Remove from heat. Let stand covered for a few minutes. Alternatively, a rice cooker may be used with the same water to rice ratio.
Stir basil into the cooked rice, top with pine nuts, and grate fresh Parmesan over the top.
Makes 4 servings, or about 3 cups rice
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