Make Malpua Batter: In a mixing bowl, combine flour, mawa, baking powder, ground cardamom and crushed fennel seeds. Stir in condensed milk and warm milk. Mix until no lumps remain and the batter is a consistency of pancake batter. Cover and set aside for 20~30 minutes.
In the meantime make the Sugar syrup: Bring sugar and water to a boil and simmer for 3~4 minutes. Add the crushed saffron, mix well; cover and keep warm.
Make Malpuas: Heat 2tbsp ghee in a nonstick skillet, add a ladleful of batter and cook on medium flame until golden, about 1~2 minutes. Flip and cook for another minute until golden.
Place the malpua into the sugar syrup, let soak for 1~2 minutes. Remove on to serving plate.
Repeat with the remaining batter.
Serve warm as is or with rabdi.