Raincoat is a 2004 Hindi film directed by Rituparno Ghosh, and starring Ajay Devgan and Aishwarya Rai. It tells the story of two lovers, separated by destiny, who meet again one day. This encounter allows each to realize the truth about the lives they are living. It is an adaptation of the short story The Gift of the Magi (1906) by O Henry and is the inspiration of Mithaq Kazimi's short film, Through Her Eyes.

The film won the National Film Award for Best Feature Film in Hindi and was nominated for the Crystal Globe for Best Feature Film at the Karlovy Vary International Film Festival. Rai also won the Zee Cine Award for Critics' Choice Best Actress and was nominated for the Filmfare Best Actress Award.

The story begins with unemployed Manu (Ajay Devgan), from Bhagalpur in search of money to finance his new business as he has lost his earlier job at a jute mill. On his quest, he visits Neeru (Aishwarya Rai) in Calcutta, to whom he was engaged six years ago. During the rainy evening, the couple reminisce about their former love and how each ended up in their current situation.