Дары волхвов
In 2004, Ghosh's first Hindi film, "Raincoat", an adaptation of the short story, The Gift of the Magi (1906), by O. Henry was released. In this film he worked with Aishwarya Rai again. The shooting of the film was completed in 17 days. This film received National Film Award for Best Feature Film in Hindi award. It was later adapted in English by Mithaq kazimi.