01 - Preheat the oven to 325°F.
02 - Heat vegetable oil in a large Dutch oven over medium-high heat. Season beef cubes with salt and pepper, then brown them in batches. Transfer browned beef to a plate.
03 - Reduce heat to medium. Add diced onion, minced garlic, sliced carrots, celery, and parsnips to the pot. Sauté for 5 minutes until softened.
04 - Stir in tomato paste and cook for 1 minute. Sprinkle all-purpose flour over the vegetables, stir well, and cook for an additional minute.
05 - Gradually pour in beef broth and red wine, stirring constantly to deglaze the pot and prevent lumps. Return beef to the pot, add bay leaves, dried thyme, and dried rosemary, then stir to combine and bring to a simmer.
06 - Cover the pot and transfer it to the oven. Cook for 1.5 to 2 hours, or until the beef is tender.
07 - While stew cooks, combine flour, baking powder, and salt in a bowl. Rub in cold diced butter until mixture resembles coarse crumbs. Stir in chopped parsley, chives, and fresh thyme. Add milk and mix until a soft dough forms.
08 - Remove the stew from the oven and increase oven temperature to 375°F.
09 - Drop spoonfuls of dumpling dough onto the surface of the stew, forming about 12 dumplings.
10 - Cover and bake for 20 minutes. Then uncover and bake for an additional 10 minutes until dumplings are puffed and lightly golden.
11 - Remove bay leaves. Ladle the stew and dumplings into bowls and serve immediately while hot.